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LSDefine

Simple English definitions for legal terms

Tax

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A quick definition of Tax:

Tax: Money or property that the government collects from people or businesses. It's like a fee that you have to pay for living or doing business in a certain place. The government uses this money to pay for things like schools, roads, and hospitals. Some taxes are based on how much money you make or how much you own, while others are added to the price of certain things you buy, like gas or cigarettes.

A more thorough explanation:

Definition: Tax is a charge of money or property that a government collects from individuals or entities within its authority. It does not include charges for specific goods or services, like bridge tolls or sanitation fees. Taxes are usually based on economic measurements like income, consumption, property, and wealth. Some governments also impose excise taxes on specific goods, like gasoline or cigarettes.

  • US Income Tax: The US government collects income tax from individuals and businesses based on their income levels.
  • Property taxes: Property owners pay taxes on the value of their land and buildings to the local government.
  • Excise taxes: Governments may impose taxes on specific goods, like gasoline or luxury items, to discourage their use or raise revenue.
These examples illustrate how taxes are collected by governments to fund public services and programs. Income tax is used to support national programs like healthcare and education, while property taxes help fund local services like schools and roads. Excise taxes are used to discourage the use of certain goods or raise revenue for specific programs.

tariff engineering | tax attorney

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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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