tax break

noun

: a lower tax rate than other people have
People with small children are being given a tax break.

Examples of tax break in a Sentence

Recent Examples on the Web Industries like retail or the service industry may see many workers receiving a tax break, while those in salaried positions or industries with rigid schedules, which may nonetheless work longer hours, see no benefit. Andrew Leahey, Forbes, 13 Sep. 2024 The very highest earners under Trump would receive a tax break of $376,910, according to the Penn Wharton analysis. Caitlin Yilek, CBS News, 11 Sep. 2024 What had previously been a 20% tax break was now around 32.5% (it was initially billed as 40%, but is actually lower after corporation tax). Naman Ramachandran, Variety, 8 Sep. 2024 Nowhere in the three-page measure are tips defined, nor is there a phase-out of the tax break based on income. Michael Hiltzik, Los Angeles Times, 13 Aug. 2024 See all Example Sentences for tax break 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tax break.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near tax break

Cite this Entry

“Tax break.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20break. Accessed 19 Sep. 2024.

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