tax cut

(redirected from Tax cuts)
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ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax cut - the act of reducing taxation; "the new administration's large tax cut was highly controversial"
cut - the act of reducing the amount or number; "the mayor proposed extensive cuts in the city budget"
Translations
détente fiscale
References in periodicals archive ?
Bush is also no stranger to tax cuts; in Texas, legislation signed in 1999 included a nearly $2 billion tax cut, the largest in Texas history.
Even so, President-elect Bush has already drawn pressure from conservatives in his party who do not want him to shrink from their wish list: vast tax cuts, a new missile-defense system, and swift action to curb abortion and gay rights.
TORY leader William Hague is to promise tax cuts worth the equivalent of 3p off the basic rate of income tax at the next election.
Japan's Prime Minister Ryutaro Hashimoto has announced income tax cuts of pounds 19 billion, finally bowing to international pressure for bold action to revive his country's economy.
Of course, many New York conservatives complain that the governor achieved his tax cuts at the expense of other fiscal targets, such as rent control and rising spending.
President Clinton and Republicans in Congress introduced budget packages that center around tax cuts for middle-class families.
Chancellor Kenneth Clarke yesterday denied he would be "bribing" the public with tax cuts in the run-up to the next General Election.
Instead of seeking more tax equity for African Americans, such as allowing for the deduction of housing expenditures and private mortgage insurance, which lead to disparities in the after-tax income of African Americans and whites living in similar homes, the president has directed his tax cuts to lowering marginal tax rates at the high-income levels.
Warren Buffet, one of the nation's richest men, speaking at his Berkshire Hathaway shareholders meeting, said President Bush's tax cuts were designed to fleece the poor and reward the rich.
As Nation's Cities Weekly went to press, it appears that they will finalize the budget resolution with agreement on everything but the level of the tax cuts.
With Republican leaders in the Legislature intent on approving billions of dollars in tax cuts this session, the question of whether to cut the state sales tax over local property taxes has emerged as a major sticking point between the two chambers.