to undertax
7.4
Make people or companies pay less money to the government than they should
- verb
- /ˌʌndərˈtæks/
- Specialized
- Stop undertaxing the rich.
Examples
-
Critics claim the state tends to undertax the affluent, creating inequality in the tax system.
-
The government decided to undertax wealthy corporations to boost the economy.
-
Some argue that if we continue to undertax high earners, essential services will suffer.
Antonyms
How Taxed
Surface Forms
undertax infinitive
undertaxed past
undertaxed past participle
undertaxing present participle
undertaxes third person singular
Morphology
Etymology
The word undertax is formed from under ('below' or 'not enough') and tax ('a charge by the government'). So to undertax someone or something is to put the tax 'below the fair or required level', which is why it means to tax at too low a rate.