German word

Steuersenkung

Pronunciation

IPA/ˈʃtɔʏ̯ɐˌzɛŋkʊŋ/

Meaning

  • feminine nountax cut

Example

Die Steuersenkungen sollen die Wirtschaft ankurbeln.

The tax cuts are supposed to stimulate the economy.

Illustration for Steuersenkung (tax cut)

More examples

Eine umfangreiche Steuersenkung könnte private Investitionen fördern.

A substantial tax cut could encourage private investment.

Core concept

A lighter tax bill leaves households or businesses with more money available for spending or investment.

Common phrases

  • umfangreiche Steuersenkung

    substantial tax cut

  • vorübergehende Steuersenkung

    temporary tax cut

Similar words

Steuerreform: A comprehensive overhaul of the tax system involving changes to laws or rates.
Steuererleichterung: A measure that eases the tax burden through simpler procedures or lower rates.
Steuerminderung: A reduction in the amount of tax that must be paid.
Steuerbefreiung: Exemption from tax for a person, business, or activity.

Definition in German

Maßnahme oder Effekt, durch den der Staat die zu zahlenden Steuern reduziert; oft als politisches Instrument zur Entlastung der Wirtschaft.

Word origin

Steuersenkung combines Steuer, meaning tax, with Senkung, a lowering derived from senken, meaning to lower.

Usage tips

  • Steuersenkung is a feminine noun, so its definite article is die and its plural is Steuersenkungen.

Other meanings

  • tax reliefnoun

Opposites

Related words

  • Steuersenkungsmaßnahmetax-cut measurenoun
  • Senkungreductionnoun

Word lists with this word