Definition of taxpayer
: one that pays or is liable for a tax
Recent Examples of taxpayer from the Web
DeVos blamed the holdup on the cost to taxpayers purportedly taking the hit for the institutional fraud.
That number isn't carved out of the Estate's net profit, however — it's generated by taxpayer funds.
Cruz acknowledged that his plan would depend on taxpayer subsidization of people with high medical costs.
Now the City of Naperville is being given the options of finishing renovations for another $3-plus million of taxpayer money, not finishing the job which would result in endless funding needs, or tearing them down.
The new waiting period along with measures aimed at restricting taxpayer funding of abortion could in jeopardy when the parliamentarian rules later this week.
Rather than panic, though, world financial markets shrugged, and eurozone regulators congratulated themselves for directing a big bank rescue without having to tap taxpayers.
Yet despite the city and federal governments spending nearly $1 million of taxpayer money on various Floyds Fork studies going back a decade, there's still no agreement on how to improve the creek's water quality.
During a nearly three-hour committee meeting Tuesday, city officials lobbied for projects and questioned ways to best spend taxpayer dollars ahead of the new fiscal year starting July 1.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'taxpayer'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of taxpayer
Financial Definition of TAXPAYER
What It Is
A taxpayer is a person or organization that must pay taxes to a federal, state, or local agency.
How It Works
For example, let's assume that Jane is an employee of Company XYZ. She earns $150,000 per year.
In addition to paying federal income taxes, unemployment taxes, Social Security taxes, and Medicare taxes, Jane will likely owe state and local income taxes, all of which will be withheld from her paycheck. When she receives her after-tax paycheck, she might spend it on gas for her car, groceries, clothes and utilities, all of which trigger more tax payments (in the form of sales, excise, gas and other taxes).
Why It Matters
Virtually every human being in America is a taxpayer at some point, even if he or she does not file an IRS Form 1040 or pay federal income taxes. People pay taxes when they pay their phone bills, buy airline tickets, use toll roads, buy gasoline, rent hotel rooms, get a fishing license or engage in other everyday activities. Children even pay sales taxes when they buy candy with allowance money.
TAXPAYER Defined for English Language Learners
Definition of taxpayer for English Language Learners
: a person who pays taxes
TAXPAYER Defined for Kids
Definition of taxpayer for Students
: a person who pays or is responsible for paying a tax
Legal Definition of taxpayer
: a person (as an individual or corporation) that pays or is liable for a tax
Seen and Heard
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