tax bite
noun [C] informal TAXDefinition
› the amount of tax that is taken from someone's income, a company's profits, etc.: The new law provides deductions to help reduce the tax bite.
(Definition of tax bite noun from the Cambridge Business English Dictionary
© Cambridge University Press)
Browse the Thesaurus
Our dictionaries
Browse the Dictionary
Word of the Day
a cloud on the horizon
something which threatens to cause problems or unhappiness in the future
Blog
Read our blog about how the English language behaves.
New Words
Find words and meanings that have just started to be used in English, and let us know what you think of them.
