Meaning of “tax-and-spend” in the English Dictionary

"tax-and-spend" in Business English

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tax-and-spendadjective [ before noun ]

uk us disapproving POLITICS, TAX

used to describe a party, government, etc. that increases taxes in order to spend on public services:

The party has to resist returning to the tax-and-spend policies of the past.
Republicans are trying to paint the Democrat as a tax-and-spend liberal.

tax and spendverb [ I ]

uk us disapproving POLITICS, TAX

to make government policies that increase taxes in order to spend on public services:

The party promises not to tax and spend.
tax and spend
noun [ U ]

After 18 years of public sector cutbacks, voters were ready for the return of tax and spend.

(Definition of “tax-and-spend” from the Cambridge Business English Dictionary © Cambridge University Press)