tax burden
noun
: responsibility for paying a greater portion of taxes
The tax burden has been falling increasingly on the middle class.
Examples of tax burden in a Sentence
Recent Examples on the Web
The tax burden on Koreans was relatively low in the 1960s and early 70s, depending largely on industrial and trade taxes, the authors point out.
—
Josh Hammer, Newsweek, 14 Feb. 2025
The study showed that Baltimore ranked as having the fourth highest tax burden, with only Detroit, Newark, N.J., and Bridgeport, Conn. beating the Maryland city.
—Gary Collins, Baltimore Sun, 13 Feb. 2025
Poor economic performance will stack additional pressure on U.K. Chancellor Rachel Reeves, whose fiscal plans, announced last fall, have been criticized for increasing the tax burden on British businesses.
—Holly Ellyatt, CNBC, 13 Feb. 2025
On the other hand, a potential lowering of interest rates and potential reduction of the tax burden at the American level could lead to more extraordinary financial operations such as mergers or acquisitions, SPACs and IPOs.
—Stefano Endrizzi, Forbes, 13 Jan. 2025
See All Example Sentences for tax burden
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Josh Hammer, Newsweek, 14 Feb. 2025
The study showed that Baltimore ranked as having the fourth highest tax burden, with only Detroit, Newark, N.J., and Bridgeport, Conn. beating the Maryland city.
—Gary Collins, Baltimore Sun, 13 Feb. 2025
Poor economic performance will stack additional pressure on U.K. Chancellor Rachel Reeves, whose fiscal plans, announced last fall, have been criticized for increasing the tax burden on British businesses.
—Holly Ellyatt, CNBC, 13 Feb. 2025
On the other hand, a potential lowering of interest rates and potential reduction of the tax burden at the American level could lead to more extraordinary financial operations such as mergers or acquisitions, SPACs and IPOs.
—Stefano Endrizzi, Forbes, 13 Jan. 2025
See All Example Sentences for tax burden
Cite this Entry
“Tax burden.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20burden. Accessed 3 Mar. 2025.
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