An individual or entity that is obligated to make payments to municipal or government taxation agencies. The term taxpayer generally describes one who pays taxes. Taxes can exist in the form of income taxes as required by Federal and state governments and property taxes imposed on owners of real property (such as homes and vehicles) by municipal governments, along with many other forms.

Nearly all adults in the United States are subject to some form of taxation and, therefore, most adults are taxpayers. The term taxpayer often refers to the workforce of a country who pays for government projects through taxation. Nearly all government-funded projects are funded by the taxpayers, which can cause some controversy depending on the project.

Investment dictionary. . 2012.

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  • taxpayer — tax‧pay‧er [ˈtæksˌpeɪə ǁ ər] noun [countable] TAX a person or organization that pays taxes: • The takeover was estimated to have cost taxpayers $1.5 billion. taxpaying adjective [only before a noun] : • There was a lot of anger on the part of the …   Financial and business terms

  • taxpayer — tax·pay·er n: a person (as an individual or corporation) that pays or is liable for a tax tax·pay·ing adj Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. taxpayer …   Law dictionary

  • Taxpayer — Tax pay er, n. One who is assessed and pays a tax. [1913 Webster] …   The Collaborative International Dictionary of English

  • taxpayer — 1816, from TAX (Cf. tax) (n.) + PAYER (Cf. payer) …   Etymology dictionary

  • taxpayer — [taks′pā΄ər] n. any person who pays taxes or is subject to taxation …   English World dictionary

  • taxpayer */*/ — UK [ˈtæksˌpeɪə(r)] / US [ˈtæksˌpeɪr] noun [countable] Word forms taxpayer : singular taxpayer plural taxpayers someone who pays tax, especially tax on income Whenever the government messes up, it s the taxpayer who has to foot the bill …   English dictionary

  • taxpayer — / tækspeɪə/ noun a person or company that has to pay tax ● basic taxpayer or taxpayer at the basic rate ● Corporate taxpayers are being targeted by the government …   Dictionary of banking and finance

  • taxpayer — noun Taxpayer is used before these nouns: ↑subsidy …   Collocations dictionary

  • taxpayer — tax|pay|er [ˈtæksˌpeıə US ər] n a person that pays tax ▪ The proposal could cost the taxpayer (=all ordinary people who pay tax) another £18m a year …   Dictionary of contemporary English

  • taxpayer — tax|pay|er [ tæks,peır ] noun count ** someone who pays tax, especially tax on income: Whenever the government messes up, it s the taxpayer who has to foot the bill …   Usage of the words and phrases in modern English

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