Tax break is a term referring to any item which reduces tax, including any tax exemption, tax deduction, or tax credit. Tax break is also a pejorative term used in the United States to refer to purportedly favorable tax treatment of any class of persons, as in "individuals get a tax break for so and so".
Famous quotes containing the words tax and/or break:
“I have no doubt that it was a principle they fought for, as much as our ancestors, and not to avoid a three-penny tax on their tea; and the results of this battle will be as important and memorable to those whom it concerns as those of the battle of Bunker Hill, at least.”
—Henry David Thoreau (1817–1862)
“Only when we break the mirror and climb into our vision,
only when we are the wind together streaming and singing,
only in the dream we become with our bones for spears,
we are real at last
and wake.”
—Marge Piercy (b. 1936)