tax break

noun

: a lower tax rate than other people have
People with small children are being given a tax break.

Examples of tax break in a Sentence

Recent Examples on the Web
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That tax break is set to expire at the end of 2025. Aimee Picchi, CBS News, 13 Dec. 2024 Now the new Labour government has reinstated the 2030 target and car companies are lobbying to reintroduce the tax break. Sverre Alvik, Forbes, 9 Dec. 2024 There's evidence that extra cash in hand can ease financial hardships for families, such as the Child Tax Credit — a tax break for eligible families with kids — and how its pandemic-era expansion had cut child poverty in about half. Nushrat Rahman, Detroit Free Press, 8 Dec. 2024 The federal $7,500 tax break also is expected to vanish under the new Trump administration. John Frank, Axios, 6 Dec. 2024 See all Example Sentences for tax break 

Dictionary Entries Near tax break

Cite this Entry

“Tax break.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20break. Accessed 2 Jan. 2025.

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