Pictured: The incredible deep-sea glow worm called the 'Unicorn of the Sea' that can grow up to 100ft. 1  Deep sea divers have captured images of the elusive Pyrostremma spinosum in open water off the coast of Tasmania.
What is earmarked tax? In general terms, earmarked tax means that all or a fixed portion of revenues from a particular tax or levy are kept separate from general revenue and used exclusively for a specific government expenditure programme or specific activity.
To set aside money to use only for a certain, stated purpose. Earmarking is common in both personal savings and in corporate finance, as well as in government. For example, an individual may earmark reserves for his/her honeymoon and a company may do the same to pay off bonds when they mature. Likewise, a politician may earmark government funds for a project in his/her district. When politicians earmark funds, the word takes on a slightly negative connotation.