tax cut

• Réduction du montant d'impôt que les particuliers ou les entreprises doivent payer au gouvernement, souvent mise en place pour stimuler la croissance économique ou apporter un allègement financier.

A reduction in the amount of tax that individuals or businesses are required to pay to the government, often implemented to stimulate economic growth or provide financial relief.

1. Reduction in tax ratesB2formal

   A decrease in the amount of tax that individuals or businesses are required to pay to the government.

   réduction d'impôt

   • The government announced a new tax cut for small businesses.
   • Many economists argue that a tax cut can stimulate economic growth.
   • The tax cut will leave families with more disposable income.

2. Fiscal policy measureC1formal

   A deliberate reduction in tax rates or tax liabilities by a government, often used to influence the economy.

   baisse d'impôt

   • The president proposed a major tax cut as part of his economic plan.
   • Opposition parties criticized the tax cut for benefiting the wealthy.
   • The tax cut was designed to boost consumer spending and investment.