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overtaxation

overtaxation

1 6.9
Charging very high taxes that make people or businesses pay too much
  • noun
  • /oʊvərˌtækˈseɪʃən/
translation icon : sobretasación
  • He even commented on the fact that our industries had left because of overtaxation and overregulation forcing them to leave.

Examples

  • And the way to get those jobs is to deal with overregulation, overtaxation, and high energy costs.

    Blog text (15)
  • Unfortunately, Illinois has been run so far into the ground by overtaxation and spending that, much like California, there is little hope regardless of who is in the White House.

    Blog text (14)
  • You blame overtaxation, overregulation, and overunionization, and possible poor management.

    Blog text (13)
  • Many citizens believe that overtaxation is driving businesses away, making it difficult for the economy to grow.

  • The proposals aimed at addressing overtaxation have sparked intense debate among lawmakers and citizens alike.

  • In her speech, she emphasized the harmful effects of overtaxation on middle-class families struggling to make ends meet.

Antonyms

599 3.2

A government decision to reduce the taxes people have to pay

exemption
  • Formal
27 5.1

A fixed tax deduction that reduces the tax someone must pay for themselves or for people they support

How Burdensome

overtaxation
1 6.9
taxation
80 4.0

Surface Forms

overtaxation singular
overtaxations plural

Morphology

overtaxation = overtax (transparent) = over + tax + ation

Formation from the verb 'overtax' by the regular noun-forming suffix '-ation' is straightforward and yields 'the act or process of imposing excessive taxes'.

Etymology

Overtaxation comes from over- ('too much') and taxation (from tax, 'money taken by the government'). So, overtaxation means putting 'too much' tax on people or businesses.