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Levy Taxes

Definition

The act of imposing or charging taxes on citizens by a governing authority to fund public services and goods.

Analogy

Levying taxes is like buying tickets for a concert. Everyone who wants to enjoy the concert (public services) needs to contribute by buying a ticket (paying taxes).

Related terms

Taxation without Representation: A phrase used to protest against British tax policy in the colonies before American Revolution; it's like being asked to pay for that concert ticket but not getting any say in what band plays.

Income Tax: A tax levied directly on personal income; imagine if you had to give up part of your allowance based on how much you receive each week.

Property Tax: A levy on property that the owner is required to pay; it's like paying a fee for keeping your bike in the community bike rack.

"Levy Taxes" appears in:

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AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.