Definition

Noun: - An increase in the amount of tax levied: A "tax hike" refers to a rise or increase in the rate or amount of taxes imposed by a government or authority.

Usage

• A "tax hike" is a formal and commonly used term in political and economic discourse to describe a government's decision to raise taxes.
• It is typically used in contexts discussing policy, budgets, public finance, and their effects on citizens or the economy.
• The term often carries a negative connotation, implying an additional financial burden.

Examples

• The government announced a tax hike to fund the new healthcare program.
• Many citizens protested against the proposed tax hike on gasoline.
• The mayor argued that the tax hike was necessary to repair the city's infrastructure.

Advanced Usage

• "to implement a tax hike": To officially put a tax increase into effect.
  • The council voted to implement a tax hike next fiscal year.
• "to oppose a tax hike": To be against a proposed tax increase.
  • The business community strongly opposed the tax hike.

Variants and Related Words

• Tax increase (noun phrase): A direct synonym for "tax hike," though slightly more formal.
  • The legislature debated the tax increase for weeks.
• Tax rise (noun phrase): Another synonym, more common in British English.
• Tax boost (noun phrase): A less common synonym with a similar meaning.

Synonyms

• Tax increase
• Tax rise
• Tax boost
• Levy increase

Antonyms

• Tax cut
• Tax reduction
• Tax break

Related Phrases

• "across-the-board tax hike": A tax increase that applies to all taxpayers or all categories of a tax.
  • The across-the-board tax hike affected everyone from low-income families to large corporations.
• "proposed tax hike": A tax increase that has been suggested but not yet enacted.
  • The proposed tax hike will be put to a public vote.

Noun

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