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:
“In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.”
—Alexis de Tocqueville (18051859)
“Destroy our leisure and you break loves bow.”
—Ovid (Publius Ovidius Naso)
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