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tax break
A special tax benefit given to promote specific economic or social objectives. For example, the U.S. government, having decided that individual home ownership is a boon to the economy, allows interest on a home mortgage to be subtracted, in whole or in part, from one's taxable income. The resulting lower taxation for homeowners constitutes a tax break.
Example Sentences
And meanwhile, he's cutting Medicaid and giving tax breaks to the wealthiest Americans, so and creating the largest deficit in all of the country.
Others point to the mild temperatures and lucrative tax breaks in many US states as a draw for free agents.
The budget, which includes huge tax breaks and more defence spending, was passed by the House of Representatives last month and is now being considered by senators.
Those taking part in Dr Gray's focus groups say more flexibility in appointment systems, as well as "carental" leave and tax breaks, might also help.
Biden slammed Trump's move as "ridiculous", saying his claims are aimed at distracting Americans as his administration works to extend tax breaks for the wealthy.
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