tax break (Meaning)
Wordnet
tax break (n)
a tax deduction that is granted in order to encourage a particular type of commercial activity
Synonyms & Antonyms of tax break
No Synonyms and anytonyms found
tax break Sentence Examples
- The government's new tax break aims to stimulate economic growth by reducing the burden on businesses.
- Homeowners were ecstatic about the tax break that lowered property taxes.
- Charitable donations often qualify for tax breaks, encouraging people to support organizations in need.
- The tax break for research and development incentivizes companies to invest in innovation.
- The tax break for electric vehicles is intended to promote the adoption of environmentally friendly transportation.
- Some tax breaks, such as deductions for dependents, provide financial assistance to families.
- The tax break for education expenses helps students and their families offset the cost of higher education.
- Businesses took advantage of the tax break to invest in new equipment and expand their operations.
- The tax break for retirement savings encourages individuals to prepare for their financial future.
- The government's decision to eliminate certain tax breaks has raised concerns among some taxpayers.
FAQs About the word tax break
a tax deduction that is granted in order to encourage a particular type of commercial activity
No synonyms found.
No antonyms found.
The government's new tax break aims to stimulate economic growth by reducing the burden on businesses.
Homeowners were ecstatic about the tax break that lowered property taxes.
Charitable donations often qualify for tax breaks, encouraging people to support organizations in need.
The tax break for research and development incentivizes companies to invest in innovation.
