tax burden Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “tax burden” in the English Dictionary

"tax burden" in Business English

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tax burdennoun [C, usually singular]

uk   us   ECONOMICS, TAX
the ​totalamount of ​taxpaid by a particular ​group of ​people, an ​industry, etc., especially as compared to what other ​groups, ​industries, etc. ​pay: business/corporate/property tax burden There are ​growingprotests from the ​corporatesector that the ​businesstaxburden in Britain is ​rising.the tax burden on sb/sth Limiting ​taxappraisals on homes of ​people age 65 or older is supposed to ease the ​taxburden on ​seniors. Eliminating ​taxes on ​savings and ​investment will disproportionately shift the ​taxburden to the shoulders of the ​averagewageearner. The ​proposedseries of ​measures would ​increase the overalltaxburden for ​companies. a growing/​heavy/high ​taxburden increase/​lower/​reduce the ​taxburden
(Definition of tax burden from the Cambridge Business English Dictionary © Cambridge University Press)
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