die Steuersenkung
Translation
tax cut, tax reduction
Examples
Die Regierung plant eine Steuersenkung.
The government is planning a tax cut.
Eine Steuersenkung kurbelt die Wirtschaft an.
A tax cut stimulates the economy.
Grammar Patterns
die Steuersenkung the tax cut The government is planning a tax cut.
Similar Words
Steuererleichterung (tax relief); Antonyms: Steuererhöhung (tax increase)
Etymology
Composed of 'Steuer' (tax) and 'Senkung' (lowering, reduction), from the verb 'senken' (to lower, to sink).
Memory Tips
Think of 'senken' as 'sinking' the taxes. A tax 'sinking' is a tax cut.