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capital levy

   Also found in: Encyclopedia, Wikipedia 0.03 sec.
capital levy
Noun
a tax on capital or property as contrasted with a tax on income
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.capital levy - a tax on capital or property
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
land tax, property tax - a capital tax on property imposed by municipalities; based on the estimated value of the property


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It is, in fact, a flat capital levy, without exemptions, in which the poor man pays as high a percentage as the rich man.
Inflation. (Worth Repeating) by The New American
Although audited financial results exhibited declines in the past few years in a property tax authorization cycle common to most Ohio school districts, the approval of an operating levy in November 2004 and a capital levy in November 2005 should improve the district's fiscal position for the next several years.
Fitch Rates Perrysburg Schools, Ohio's 2007 Rfdg GOs 'AA-' by Business Wire
Although audited financial results exhibited declines in the past few years in a property tax authorization cycle common to most Ohio school districts, the approval of an operating levy in November 2004 and a capital levy in November 2005 should improve the district's fiscal position for the next several years.
Fitch Rates Perrysburg Schools, Ohio's Rfdg GOs 'AA-' by Business Wire
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