tax boost

Thân thiện

A city council announces a tax boost to fund new parks.

Definition

Noun: - An increase in the amount of money collected by the government through taxes: A "tax boost" refers specifically to a rise in the rate or amount of tax levied, resulting in higher revenue for the government.

Usage

• This term is used in economic, political, and financial contexts to describe a policy decision or legislative action that raises taxes.
• It is a formal or journalistic term, often seen in news reports, policy analyses, and official discussions about government revenue.

Examples

• The proposed tax boost is intended to fund new infrastructure projects.
• Economists are debating the potential impact of the tax boost on consumer spending.
• The legislation included a significant tax boost for high-income earners.

Advanced Usage

• The term often implies a deliberate policy action. It can be used with modifiers to specify the type of tax (e.g., , ) or the entity affected (e.g., ).

Variants and Related Words

• Tax increase (noun): A more common and direct synonym for "tax boost."
• Tax hike (noun): An informal synonym, frequently used in journalism.
• Revenue enhancement (noun): A formal, sometimes euphemistic term for a tax increase.

Synonyms

• Tax increase
• Tax hike
• Levy increase

Antonyms

• Tax cut
• Tax reduction
• Tax break

Related Phrases

• To implement a tax boost: To put a tax increase into effect.
  • The government plans to implement a tax boost next fiscal year.
• To propose a tax boost: To suggest or put forward a plan for a tax increase.
  • The committee will propose a tax boost to balance the budget.

Học thuật

Noun

1. the amount by which taxes are increased
   • a tax increase of 15 percent

Từ đồng nghĩa

• tax-increase
• tax hike