Tax Policy (Noun)
Meaning
A program for setting taxes.
Classification
Nouns denoting cognitive processes and contents.
Examples
- The government's tax policy aimed to reduce the burden on low-income families by introducing a new tax bracket.
- The country's tax policy was designed to encourage foreign investment by offering tax breaks to multinational corporations.
- The new tax policy included provisions for a carbon tax to reduce emissions and combat climate change.
- The politician's campaign promise to reform the tax policy was met with skepticism by many voters.
- The tax policy of the city was seen as business-friendly, with low rates and few regulations.