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Nontaxable   /nɑntˈæksəbəl/   Listen
Nontaxable

adjective
1.
(of goods or funds) not subject to taxation.  Synonym: exempt.  "Income exempt from taxation"






WordNet 3.0 © 2010 Princeton University








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"Nontaxable" Quotes from Famous Books



... belong to that school of thought which is hesitant about altering the fundamental law. I think our tax problems, the tendency of wealth to seek nontaxable investment, and the menacing increase of public debt, Federal, State and municipal-all justify a proposal to change the Constitution so as to end the issue of nontaxable bonds. No action can change the status of the many billions outstanding, but we can guard against ...
— Complete State of the Union Addresses from 1790 to the Present • Various



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