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 The novel endures thanks to its keen understanding that many people in this town see movies as a metaphor, a proxy for other forms of currency: the tax break, the blind item, the call sheet, the high horse. Matt Brennan, Los Angeles Times, 8 Apr. 2024 Jericho Share, however, is not eligible for the tax break, according to the department. Stephen Hobbs, Sacramento Bee, 1 Apr. 2024 After that, the company would get a 50% tax break between 2029 and 2038 on a portion of its property tax bill paid to the Northwest school district, according to the application. Harrison Mantas, Fort Worth Star-Telegram, 1 Mar. 2024 Congress did not renew this 2020 tax break; all jobless benefits received in 2023 are reported as taxable income federal income tax returns. Susan Tompor, The Enquirer, 23 Feb. 2024 In France, a government plan to phase out a tax break for farmers on diesel fuel, as part of a wider energy transition policy, has also sparked anger. Sophie Tanno, CNN, 3 Feb. 2024 Five plug-in hybrids are eligible for a tax break, but only the Chrysler Pacifica qualifies for the full $7,500. Peter Douglas, The Mercury News, 4 Feb. 2024 Another point in the deal’s favor: It is paid for by reforming a Covid-era tax break that has become notorious for abuse. Nr Editors, National Review, 26 Jan. 2024 The roughly $78 billion in tax cuts would be paid for by more quickly ending a tax break Congress approved during the COVID-19 pandemic that encouraged businesses to keep employees on their payroll. Kevin Freking, Fortune, 17 Jan. 2024

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 22 Apr. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!