tax break
- noun
- /tæks breɪk/
- Specialized
- 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.
- 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.
- Do you choose to give yourself and other one percenters a massive tax break that they don't need?
- And I guarantee you they're tax dodgers because all the breaks, all the tax breaks are for corporations like this.
- If you don't give us more tax breaks or build us new facilities, we're moving to Wyoming.
- There are, there is a tax break for investors, which is different from the government tax break for film makers.
- So the IRS basically guides you to spots in the tax code and allows you these tax breaks.
- And so this now means that heterosexual couples who don't want to get married but still want the same rights and tax breaks can get civil partnerships.
- There are many tax breaks I can't get my head around.
Examples
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Many families benefit from a tax break when they install solar panels on their homes.
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Today we will extend our new theatre tax break to orchestras and we will help.
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It's a tax break for them.
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Again, more tax breaks for people with businesses.
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And I want to get some tax breaks from them.
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And you got a tax break for hiring them.
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But you are going to get big tax breaks for buying these rental properties.
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Donald Trump's tax breaks, she says, will make his friends rich.
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His proposals call for massive tax breaks for the wealthiest people in this country.
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There is a tax break for investing in a worker-sponsored fund.
Academic text (1996)
Synonyms
An amount taken off the tax you owe
An amount taken away from a total, for example from pay
A fixed tax deduction that reduces the tax someone must pay for themselves or for people they support
An expense or amount you can subtract from your income to lower your tax
A rule that lets people or companies pay less tax to encourage certain activities
An amount you can subtract from your income to reduce the tax you pay
Antonyms
How Beneficial
- Specialized
- Specialized
- Specialized
- Formal
- Specialized
- Specialized
Surface Forms
Morphology
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.