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Hey, I just taxed John's wallet and he didn't even notice!

Man, I was gone for a second and someoned taxed my calculator!
taxed by Justin April 30, 2002
When you are being overcharged, buying something for more when it should cost less.
Walmart has beer for 10 dollars a 18 pack. The gas station down the street has same 18 packs but for 20 dollars, there for they are taxing at the gas station. There the items are "taxed".
Like taxes you have to pay the government you have to pay taxes for convenience and other things.
Taxed by KSD1869 May 1, 2009
The act of taking an extra hit during a rotation due to the lack of attention being paid by the next person in the circle. Never meant as an insult but rather to ensure that the rotation is kept up with strict order.
Take this blunt nigga or yo ass gonna get taxed.
taxed by Ted Williams 420 May 4, 2007
(British Origin) A chavy word which means stolen, or found.
"Arr mush, dat 50p iz taxed mush!"
taxed by will and jak July 12, 2003
Amount of weed/coke/etc. confiscated for personal use when acquiring weed/coke/etc. for a friend or acquaintance, without their knowledge and prior to delivery. Tax percentage inflates or deflates depending on relationship with said friend or acquaintance. NOTE: Not to be confused with a Kick Down, where said friend or acquaintance rewards your action as middle man with a percentage of the weed/coke/etc..
Dude, I taxed that bag I scored for Karen, and then she kicked me down like another gram on top of that!
taxed by T O Double Dizzle June 7, 2007
have sex with, to sex up (see example)
I taxed that ass
taxed by Brian Williams August 4, 2002