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

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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 The headline here is that Donald Trump's entire economic policy is going to be about a massive tax break for those billionaires that are in charge of his Cabinet. NBC News, 1 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 22 Dec. 2024.

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