tax break

A special tax benefit given to promote specific economic or social objectives. For example, the U.S. government, having decided that individual home ownership is a boon to the economy, allows interest on a home mortgage to be subtracted, in whole or in part, from one's taxable income. The resulting lower taxation for homeowners constitutes a tax break.

QUIZZES

QUIZ YOURSELF ON THESE WORDS FROM BROWN GIRL DREAMING!

Visualize yourself passing this quiz on words from Jacqueline Woodson’s exquisite verse novel “Brown Girl Dreaming,” and then take the quiz to prove you can do it! (Because you can.)
Question 1 of 10
What does “barren” mean?
a cylindrical wooden container with slightly bulging sides.
Worn down by dullness, tedious repetition.
unproductive; unfruitful
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Words nearby tax break

taxation, taxation without representation, Taxation without representation is tyranny, tax avoidance, tax-bracket creep, tax break, tax certificate, Taxco, tax credit, tax-deductible, tax deduction
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.