tax policy
24
3.9
- noun
- /tæks ˈpɑlɪsi/
- Formal
:
política fiscal
- Can we segregate out the effect of tax policy on this income distribution matter?
- federal tax policy
- monetary and tax policy
- government's tax policy
So you can't, you know, to have a tax policy devoid of value is meaningless.
- So you can't, you know, to have a tax policy devoid of value is meaningless.
- He doesn't comment on this idea that we're going to, you know, speculate on what Trump's policies, whether they're tax policies or tariff policies might be.
Examples
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Effective tax policy ensures that all citizens contribute fairly according to their income levels.
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There is one group and Washington called the Tax Policy Center.
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My specialty is in tax policy and I know how taxes work.
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Meanwhile, American tax policy shifted to favor the wealthy.
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Long-standing federal tax policy allowed businesses to fully deduct the costs of health insurance.
Academic text (1993) -
Therefore, we believe that in addition to incrementalism, local tax policy may be used more actively to incentivize businesses.
Academic text (2017) -
Observers commonly note, for instance, that Congress rarely delegates fundamental lawmaking authority in tax policy.
Academic text (2018) -
When eighteenth-century American patriots protested British tax policy, they did so in extreme language.
Academic text (2004) -
The government's recent changes to tax policy aim to reduce the burden on low-income families.
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Experts believe that a transparent tax policy can improve public trust in government finances.
How Detailed
Surface Forms
Morphology
The meaning 'the set of principles a government uses about taxes' is directly and transparently derived from combining 'tax' (a government charge) with 'policy' (a guiding plan). This noun–noun composition is a common, cross-linguistically parallel construction (e.g. Spanish 'política fiscal') and would be understandable to a B1 learner who knows both constituents.
Etymology
Tax policy comes from two simple images: tax, the money people pay to the government, and policy, the rules a government sets. So tax policy means the set of rules about 'who pays' taxes, 'how much' they pay, and how the government collects and uses that money.