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Contrary to the myth that Mr. Bush cut taxes only for the wealthy, the 2001 tax cut reduced taxes for every income-tax payer in the country.
Ari Fleischer

Meaning of "tax cut" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF TAX CUT

tax cut  [tæks kʌt] play
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GRAMMATICAL CATEGORY OF TAX CUT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Tax cut is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES TAX CUT MEAN IN ENGLISH?

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.

Definition of tax cut in the English dictionary

The definition of tax cut in the dictionary is a reduction made by the government in the amount of tax that people pay.

WORDS THAT RHYME WITH TAX CUT


buzzcut
ˈbʌzˌkʌt
Calicut
ˈkælɪˌkʌt
crinkle-cut
ˈkrɪŋkəlˌkʌt
crosscut
ˈkrɒsˌkʌt
cut
kʌt
haircut
ˈhɛəˌkʌt
incut
ˈɪnˌkʌt
intercut
ˌɪntəˈkʌt
linocut
ˈlaɪnəʊˌkʌt
low-cut
ˌləʊˈkʌt
offcut
ˈɒfˌkʌt
precut
priːˈkʌt
recut
riːˈkʌt
scut
skʌt
short-cut
ʃɔːt kʌt
square-cut
ˈskwɛəˌkʌt
uncut
ʌnˈkʌt
undercut
ˌʌndəˈkʌt
uppercut
ˈʌpəˌkʌt
woodcut
ˈwʊdˌkʌt

WORDS THAT BEGIN LIKE TAX CUT

tax bite
tax bracket
tax break
tax burden
tax code
tax coding
tax collector
tax concession
tax consultant
tax credit
tax demand
tax disc
tax dodge
tax evader
tax evasion
tax exemption
tax exile
tax form
tax haven
tax holiday

WORDS THAT END LIKE TAX CUT

bastard cut
brilliant cut
buzz cut
crew cut
Dedekind cut
director´s cut
feather cut
jump cut
make the cut
miss the cut
navy cut
open cut
pay cut
power cut
price cut
razor cut
short cut

Synonyms and antonyms of tax cut in the English dictionary of synonyms

SYNONYMS

Translation of «tax cut» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF TAX CUT

Find out the translation of tax cut to 25 languages with our English multilingual translator.
The translations of tax cut from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «tax cut» in English.

Translator English - Chinese

减税
1,325 millions of speakers

Translator English - Spanish

reducción de impuestos
570 millions of speakers

English

tax cut
510 millions of speakers

Translator English - Hindi

टैक्स में कटौती
380 millions of speakers
ar

Translator English - Arabic

خفض الضرائب
280 millions of speakers

Translator English - Russian

снижение налогов
278 millions of speakers

Translator English - Portuguese

corte de impostos
270 millions of speakers

Translator English - Bengali

কর কাটা
260 millions of speakers

Translator English - French

réduction d´impôt
220 millions of speakers

Translator English - Malay

Potongan cukai
190 millions of speakers

Translator English - German

Steuersenkung
180 millions of speakers

Translator English - Japanese

減税
130 millions of speakers

Translator English - Korean

감세
85 millions of speakers

Translator English - Javanese

Tax cut
85 millions of speakers
vi

Translator English - Vietnamese

cắt giảm thuế
80 millions of speakers

Translator English - Tamil

வரி வெட்டு
75 millions of speakers

Translator English - Marathi

कर कट
75 millions of speakers

Translator English - Turkish

Vergi indirimi
70 millions of speakers

Translator English - Italian

taglio delle tasse
65 millions of speakers

Translator English - Polish

cięcia podatkowe
50 millions of speakers

Translator English - Ukrainian

зниження податків
40 millions of speakers

Translator English - Romanian

reducere a impozitelor
30 millions of speakers
el

Translator English - Greek

φορολογική περικοπή
15 millions of speakers
af

Translator English - Afrikaans

belasting gesny
14 millions of speakers
sv

Translator English - Swedish

skattesänkning
10 millions of speakers
no

Translator English - Norwegian

skattekutt
5 millions of speakers

Trends of use of tax cut

TRENDS

TENDENCIES OF USE OF THE TERM «TAX CUT»

The term «tax cut» is regularly used and occupies the 62.741 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
71
/100
The map shown above gives the frequency of use of the term «tax cut» in the different countries.
Principal search tendencies and common uses of tax cut
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «tax cut».

FREQUENCY OF USE OF THE TERM «TAX CUT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «tax cut» during the past 500 years. Its implementation is based on analysing how often the term «tax cut» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about tax cut

EXAMPLES

10 QUOTES WITH «TAX CUT»

Famous quotes and sentences with the word tax cut.
1
Tony Abbott
A tax cut to compensate for a tax increase is not a cut - it's a con.
2
Carol Moseley Braun
Bush is giving the rich a tax cut instead of putting that cut in the pockets of working people.
3
John Breaux
When people see the budget, they're going to say, 'Oh, my God, I wanted a tax cut, but I didn't know what you were going to do to health care and to Medicare and national defense.'
4
Adam Davidson
Happiness statistics may be most valuable in smaller, local discussions. Understanding how different sorts of programs affect the well-being of citizens would be enormously helpful to a mayor choosing between building a new bridge or offering a tax cut.
5
Dick Durbin
Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes.
6
Jeff Flake
There are some Republicans who say that any time you raise new revenue, you have to have a tax cut to match it. I am not one of those Republicans.
7
Ari Fleischer
Contrary to the myth that Mr. Bush cut taxes only for the wealthy, the 2001 tax cut reduced taxes for every income-tax payer in the country.
8
Dick Gephardt
My healthcare plan puts more money into average families' pockets than the Bush tax cuts... He's got a lousy tax cut. It's only good for the super wealthy. I've got a tax cut that will help ordinary people.
9
Jacob Lew
I think that for the next short period of time, our No. 1 priority is Congress needs to do its work and extend the payroll tax cut.
10
Blanche Lincoln
Spending and tax cut decisions must be both fiscally responsible and fair to our working families. I believe that fiscal responsibility is the way to create prosperity for America and secure the retirement of America's seniors.

10 ENGLISH BOOKS RELATING TO «TAX CUT»

Discover the use of tax cut in the following bibliographical selection. Books relating to tax cut and brief extracts from same to provide context of its use in English literature.
1
Family and Business Tax Cut Certainty Act of 2012
This analyse is of the Family and Business Tax Cut Certainty Act of 2012 is a critical assessment of both proponent and opponent views as well as proposals for the passing and implementation of comprehensive tax policy.
Phillip Lewis, 2013
2
Tax Cuts: Issues and Analyses
And the according to the Administration, the need for fiscal stimulus had become "more urgent" by the time the tax cut was enacted in May.5 As noted in other sections of this article, the tax-cut bills Congress took up in the spring of 2003 were ...
James S. Larson, 2003
3
Congressional Record, V. 149, PT. 1, January 7, 2003 to ...
Don't cut my taxes; I don't need the tax cut. I think it is very altruistic for people to say those things and probably mean them. But one of the things I hope we will consider as we are working at cutting taxes — particularly marginal tax rates ...
U S Congress, 2006
4
Congressional Record
Twice in the Senate Budget Committee, I allowed my colleagues — both Republicans and Democrats — to go on record in reference to the Bush tax cut. I thought it was only fair that the Republican members of the Senate Budget Committee ...
‎2014
5
BC's Regional Divide: How Tax and Spending Policies Affect ...
Income Tax Cuts We first update tax cut estimates made in Bleeding the Hinterland. In that paper we found that the Lower Mainland received a disproportionate share of the total tax cut pie. The main reason for this is that incomes are higher on ...
Marc Lee, 2005
6
The Labyrinth of Capital Gains Tax Policy: A Guide for the ...
to allow reevaluation of the benefits and costs of the legislation — there has never been a temporary capital gains tax cut. How Eligibility Affects Revenues A tax cut that applied to all sales — a retrospective tax cut — encourages sales by ...
Leonard Burman, 1999
7
Tax Policy Handbook
Thus, a current tax cut implies an increase in future taxes with a discounted present value equal to the newly issued debt. The economy's reaction to this policy will depend on the way households anticipate the higher future tax burden and on ...
Parthasrathi Shome, 1995
8
The Politics of Bad Ideas: The Great Tax Cut Delusion and ...
This is the conclusion of two prominent authorities in the field-political scientist Bryan D. Jones and policy expert Walter Williams-in their examination of the persistence of bad ideas in shaping American economic policy.
Bryan D. Jones, Walter Williams, 2008
9
Three Actors and Three Perspectives in Property Tax ...
That is, the impact of the property tax cut on the probability of the re-election becomes larger and clearer as the dates of the local election come closer. With regards to the sanction from the central government, tax-cut local governments can ...
Dae Jin Kim, 2008
10
Deficits, Debt, and the New Politics of Tax Policy
9O For Republicans, however, the most critical domestic priority was an acrossthe-board tax cut. With projected surpluses having grown so large, the House and Senate readily approved a budget resolution that incorporated the largest tax cut ...
Dennis S. Ippolito, 2012

10 NEWS ITEMS WHICH INCLUDE THE TERM «TAX CUT»

Find out what the national and international press are talking about and how the term tax cut is used in the context of the following news items.
1
UK's George Osborne Plans Corporate Tax Cut
LONDON—The U.K.'s Chancellor of the Exchequer George Osborne announced Wednesday further cuts to the U.K.'s corporate tax rate and changes to levies ... «Wall Street Journal, Jul 15»
2
Obama's tax cuts target parents, families with 2 incomes
WASHINGTON (AP) — President Barack Obama is proposing nearly $280 billion in tax cuts for low- and middle-income families, but not everyone will benefit. «Yahoo News, Feb 15»
3
Year of the Tax Cut
In tonight's State of the Union address, President Obama will call for higher taxes on death and investment. But there's little he can do to stop a national trend ... «Wall Street Journal, Jan 15»
4
David Cameron pledges tax cuts 'for 30m people'
David Cameron has pledged to cut taxes for thirty million people if the Conservatives win next year's election. In a speech which ended his party's conference, ... «BBC News, Oct 14»
5
Deep Tax Cuts Opens Northern Front for U.S. Companies
In addition to avoiding U.S. taxes on global earnings, companies like Burger King can take advantage of Canadian tax rates that have been cut by about a ... «Bloomberg, Aug 14»
6
Opportunity For All: Middle Class Tax Cuts In The President's FY …
It invests in infrastructure, job training, and preschool; cuts taxes for working Americans while closing tax loopholes enjoyed by the wealthy and well-connected; ... «Whitehouse.gov, Mar 14»
7
The Problem With Obama's Corporate Tax Cut Is It's Not A Tax Cut
This has been missed in much of the news coverage, particularly on television: Obama has called for a corporate tax rate cut, but he says that should come with ... «Business Insider, Jul 13»
8
The legacy of the Bush tax cuts, in four charts
With Tuesday's House vote, the George W. Bush tax cuts, born in 2001, reach a new milestone. Originally scheduled to expire at the end of 2010, they are now ... «Washington Post, Jan 13»
9
Payroll Tax Cut Expires; How Much More Will You Pay?
The fiscal cliff deal reached by the White House and Senate Republicans wouldn't extend the payroll-tax holiday. The biggest hit to 2013 growth appears likely ... «Wall Street Journal, Jan 13»
10
Democrats now pushing for tax cuts they once opposed
President Obama has put the extension of the tax cuts for most Americans at the top of his domestic agenda, a remarkable turnaround for Democrats, who had ... «Washington Post, Dec 12»

REFERENCE
« EDUCALINGO. Tax cut [online]. Available <https://educalingo.com/en/dic-en/tax-cut>. Apr 2024 ».
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