A phrase popularized by a tiktok soundbite that aims to convince the general audience that gen z lingo is foreign and incomprehensible. The term itself has no other origin or purpose. Similar to other terms such as "skibiddy"
Sticking out your gyat for the rizzler, you're so skibiddy, you're so Phantom tax.
Friend A: bro, gen z has some wild slang I don't understand any of it, wtf is Phantom tax?
Friend B: idk bro probably just some shit they made up to make us feel old.
Friend A: oh that's annoying.
Friend A: bro, gen z has some wild slang I don't understand any of it, wtf is Phantom tax?
Friend B: idk bro probably just some shit they made up to make us feel old.
Friend A: oh that's annoying.
by 9433 October 08, 2023

When a man nuts but no nut comes out. It is believed a phantom slurped up all the nut before the nut could come out, collecting its tax.
Sticking out your gyat with the rizzler. You're so skibidi, you're so phantom tax. I just want to be your sigma...
by spaceistasty October 10, 2023

Sticking out your gyatt for the rizzler! Ur so Skibidi, Ur so *phantom tax*! I just wanna be Ur sigma! So freaking come here, and give me Ur Ohio!
by S0L1TVD3 October 13, 2023

Derived/misheard from the internet slang term “Fanum Tax,” Phantom Tax is a friendly act of taking another’s items for a short time, essentially borrowing the item(s) without consent or stealing.
by Man000000 April 27, 2025

Person 1: "Skibidi"
Person 2: "What is skibidi?"
Person 1: "Phantom tax!"
Person 2: "Oh no!"
Person 1: "Gyat!"
in this example, person 1 has rizz and person 2 has phantom tax
Person 2: "What is skibidi?"
Person 1: "Phantom tax!"
Person 2: "Oh no!"
Person 1: "Gyat!"
in this example, person 1 has rizz and person 2 has phantom tax
by slzrppp May 08, 2024

Big black dude named "phantom" walks into his other friends room and demands food. After yoinking his food he exclaims "phantom tax!"
Basically phantom tax is when your friend steals your shit.
Basically phantom tax is when your friend steals your shit.
by Pandacous December 01, 2023

Person 1: "Skibidi"
Person 2: "What?"
Person 1: Phantom tax!"
Person 2: "..."
Person 1: "Gyat!"
in this example, person 1 has rizz and person 2 has phantom tax
Person 2: "What?"
Person 1: Phantom tax!"
Person 2: "..."
Person 1: "Gyat!"
in this example, person 1 has rizz and person 2 has phantom tax
by slzrppp May 08, 2024
