What does tax cut mean?

Definitions for tax cut
tax cut

Here are all the possible meanings and translations of the word tax cut.

Freebase

  1. Tax cut

    A tax cut is a reduction in taxes. The immediate effects of a tax cut are a decrease in the real income of the government and an increase in the real income of those whose tax rate has been lowered. Due to the perceived benefit in growing real incomes among tax payers, politicians have sought to claim their proposed tax credits as tax cuts. In the longer term, however, the loss of government income may be mitigated, depending on the response of tax-payers. The longer-term macroeconomic effects of a tax cut are not predictable in general, because they depend on how the taxpayers use their additional income and how the government adjusts to its reduced income. Depending on the original tax rate, tax cuts may provide individuals and corporations with an incentive investments which stimulate economic activity. Politically Conservative opinion-makers have theorized that this can generate additional taxable income which could generate more revenue than was collected at the higher rate. This view is debated by economists.

How to pronounce tax cut?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say tax cut in sign language?

  1. taxcut

Numerology

  1. Chaldean Numerology

    The numerical value of tax cut in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of tax cut in Pythagorean Numerology is: 8

Examples of tax cut in a Sentence

  1. Emmanuel Cau:

    This fall in oil is like a tax cut for the consumer.

  2. Donald Trump:

    It will be the biggest tax decrease, or tax cut, in the history of our country.

  3. Leonard Burman:

    While it is not the largest tax cut ever, it is the most poorly timed giant tax cut in history.

  4. Treasury Secretary Steve Mnuchin:

    This is going to be the biggest tax cut and the largest tax reform in the history of our country.

  5. Grover Norquist:

    If there is a Republican Congress and a Republican president, there will be a tax cut every single year.

Images & Illustrations of tax cut

  1. tax cuttax cuttax cuttax cuttax cut

Translation

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"tax cut." Definitions.net. STANDS4 LLC, 2019. Web. 22 Jul 2019. <https://www.definitions.net/definition/tax+cut>.

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