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tax burden

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  • tax burden — ➔ burden * * * tax burden UK US noun [C, usually singular] ECONOMICS, TAX ► the total amount of tax paid by a particular group of people, an industry, etc., especially as compared to what other groups, industries, etc. pay:… …   Financial and business terms

  • tax burden — The amount of tax suffered by an individual or organization. This may not be the same as the tax actually paid because of the possibility of shifting tax or the normal incidence of taxation As an example of the latter case, inheritance tax is… …   Big dictionary of business and management

  • tax burden — burden of taxes that the government imposes upon its citizens …   English contemporary dictionary

  • imposing a heavier tax burden — raising taxes …   English contemporary dictionary

  • relieving the tax burden — reduction in the level of taxation …   English contemporary dictionary

  • Tax Freedom Day — is the first day of the year in which a nation as a whole has theoretically earned enough income to fund its annual tax burden. It is annually calculated in the United States by the Tax Foundation mdash;a Washington, D.C. based tax research… …   Wikipedia

  • burden — bur‧den [ˈbɜːdn ǁ ˈbɜːrdn] noun [countable] 1. something that causes people a lot of difficulty or worry: • In less prosperous areas the taxes were, for many, such a burden that they lived in poverty. 2. particular costs such as taxes or interest …   Financial and business terms

  • Tax-free shopping — refers to the opportunity for customers to purchase goods or services without paying any tax normally collected at retail, such as sales tax, Goods and Services Tax, value added tax, or consumption tax.Tax free shopping in the United StatesTax… …   Wikipedia

  • Tax and spend — is a pejorative economic political term for raising the tax burden in an economy so that more can be spent on state provided services (public services). It is most often used by political opponents to describe the economic approach of socialist… …   Wikipedia

  • Tax competition — exists when governments are encouraged to lower fiscal burdens to either encourage the inflow of productive resources or discourage the exodus of those resources. Often, this means a governmental strategy of attracting foreign direct investment,… …   Wikipedia

  • tax base — n 1: a sum (as the total assessed valuation of property in a county) used as the basis of taxation 2: the source of tax revenue for a governmental body change the tax base of a school district to reduce the property tax burden Merriam Webster’s… …   Law dictionary


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