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
A compound of 'Steuer' (tax) and 'Senkung' (reduction, lowering), which comes from the verb 'senken' (to lower).
Memory Tips
The verb 'senken' sounds like 'sink'. Imagine the government making taxes 'sink' lower.