federal taxation

Government revenue collection

Federal taxation is the system by which a national government levies taxes on income, property, transactions, and other activities to fund its operations.

In the United States, federal taxation includes income tax, payroll taxes, corporate taxes, and estate taxes, administered by the Internal Revenue Service: Federal taxation accounts for most of the government's revenue.

The term often appears in discussions of policy and reform: proposals to simplify federal taxation.

Opposites
governmental level

federal taxationlocal taxation

Fees collected by nearby government

municipal taxes · county taxes · city taxes · property taxes · state income tax

REVENUE vs. EXPENDITURE

federal taxationfederal spending

Government's allocation of funds

federal subsidies · federal grants · tax refunds · government expenditure · government benefits

COMPULSION vs. VOLUNTARINESS

federal taxationtax-exempt status

Freedom from revenue levies

crowdfunding · voluntary contributions · charitable donation · charitable donations · tax exemption

Family

federal, taxation, federate, federation, federalism, federalist, federated, confederate, confederation

Familiarity
Top 200,000
Profile
Mostly American · Timeless · Abstract · Negative · Rated G