Noun
tax break (plural tax breaks)
A deduction in tax that is given in order to encourage a certain economic activity or a social objective
Why is it that if you take advantage of a corporate tax break you're a smart businessman, but if you take advantage of something so you don't go hungry, you're a moocher? Jon Stewart
I just want to be married, or just engaged. Basically, I just want a ring. And the tax break. Christina Ricci
The 55% of American households that make less than $40,000 will get a tax break of only $7 while the households that make more than $1 million will receive an average tax break of $32,000. Marty Meehan
Ending the estate tax would give a tax break of up to $63 billion to the Walton family and $39 billion to the Kochs-but $0 to 99.8% of Americans. At a time of record inequality, the very last thing we should do is line the pockets of the rich. Bernie Sanders
But beyond the hysteria of phantom death panels, where is the abomination? Show me the provisions that will hurt consumers, because if you think a $110 billion a year tax break for working-class Americans to buy private health insurance is a government takeover, I welcome the debate. Jim McDermott
Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general. Mark Zandi