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tax hike

tax hike

26 3.3
An increase in the taxes people or companies pay
  • noun
  • /tæks haɪk/
translation icon : aumento de impuestos
  • Many residents are upset about the proposed tax hike that will increase their monthly bills.

Examples

  • And the income tax hike gets phased out, so the take will plummet.

    Blog text (7)
  • Preliminary projections for next year's budget show a probable 16% tax hike for homeowners in Broward County.

  • And Johnson just put through the biggest tax hike since World War II.

  • Now we get the biggest capital gains tax hike ever next year.

    Blog text (2)
  • Would a gas tax hike be easier to swallow if it were temporary?

    Blog text (9)
  • Two weeks today, the Chancellor's latest tax hike will start hitting working people and their employers.

  • Chester County Commissioners mull tax hike to pay for emergency radio system.

    Blog text (5)
  • The two biggest fears of the fiscal cliff are defense cuts and tax hikes.

    Blog text (8)
  • That's enough to cover the tax hike he's inflicting on working people.

  • The government announced a new tax hike that will affect millions of citizens next year.

Synonyms

tax increase
vstax hike
165 3.0

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

is specifically about raising the rate or amount rather than only revenue collected
tax boost
vstax hike
3.7

A rise in the money the government takes from people or businesses

highlights change in rate as well not just revenue collected

Antonyms

599 3.2

A government decision to reduce the taxes people have to pay

How Big

tax increase
165 3.0
tax hike
26 3.3
tax boost
3.7

Surface Forms

tax hike singular
tax hikes plural

Morphology

tax + hike

The meaning 'an increase in taxes' is directly and compositionally derived from 'tax' (government charge) + 'hike' (a rise/increase). This noun-noun combination follows a transparent pattern found across many languages, so a B1 learner who knows both words will readily infer the MWE meaning.

Etymology

Tax hike combines tax and hike, where hike makes you imagine walking up a hill and things rising. That's why tax hike means 'an increase in taxes'.