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tax break

tax break

98 3.0
A smaller tax people or companies must pay to encourage certain activities
  • noun
  • /tæks breɪk/
  • Specialized
translation icon : deducción fiscal
  • The government offered a tax break to encourage investments in renewable energy projects.
  • qualify for a tax break
  • offer tax breaks
  • provide tax breaks

But you are going to get big tax breaks for buying these rental properties.

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Examples

  • Many families benefit from a tax break when they install solar panels on their homes.

  • Today we will extend our new theatre tax break to orchestras and we will help.

  • It's a tax break for them.

  • Again, more tax breaks for people with businesses.

  • And I want to get some tax breaks from them.

  • And you got a tax break for hiring them.

  • But you are going to get big tax breaks for buying these rental properties.

  • Donald Trump's tax breaks, she says, will make his friends rich.

  • His proposals call for massive tax breaks for the wealthiest people in this country.

  • There is a tax break for investing in a worker-sponsored fund.

    Academic text (1996)

Synonyms

tax credit
vstax break
  • Specialized
148 3.2

An amount taken off the tax you owe

acts indirectly by lowering the taxable base rather than cutting tax directly
deduction
vstax break
115 3.0

An amount taken away from a total, for example from pay

is specifically a policy tool used to encourage investments, not any subtraction
exemption
vstax break
  • Formal
27 5.1

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

is focused on activity encouragement rather than fixed personal allowances
tax deduction
vstax break
  • Specialized
22 3.4

An expense or amount you can subtract from your income to lower your tax

is similar but specifically frames the measure as promoting activity
tax benefit
vstax break
  • Specialized
9 3.7

A rule that lets people or companies pay less tax to encourage certain activities

is a single deductible amount aimed at encouraging specific investments
tax write-off
vstax break
  • US
6 3.8

An amount you can subtract from your income to reduce the tax you pay

is used similarly but focuses on promoting specific activities

Antonyms

165 3.0

A rise in the money people pay to the government as taxes

How Beneficial

tax cut
599 3.2
tax credit
  • Specialized
148 3.2
tax break
  • Specialized
98 3.0
tax deduction
  • Specialized
22 3.4
exemption
  • Formal
27 5.1
tax depreciation
  • Specialized
5.8
allowance
  • Specialized
20 3.3

Surface Forms

tax break singular
tax breaks plural

Morphology

tax + break

The compound 'tax break' transparently signals a favorable or relieving relation to 'tax' — learners who know 'tax' and a non-literal sense of 'break' (relief/exception) can infer it refers to some tax-related benefit. However, the precise fiscal sense (a deductible amount or official reduction) is specialized and not fully predictable from the basic noun senses without some exposure, so it is only partly transparent.

Etymology

Tax break comes from the simple idea that a break is a 'pause' or 'relief' and tax is the money people pay to the government. So, a tax break is a pause or cut in taxes that gives people help with money and often helps them do things the government wants, like buying solar panels or investing in a business.