tax increase
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tax increase
The process or result of raising government charges such as income tax or value-added tax.
Die Regierung hat eine Steuererhöhung für hohe Einkommen beschlossen.
The government has approved a tax increase for high incomes.
This word is a typical German compound. It consists of 'die Steuer' (tax) and 'die Erhöhung' (increase). The meaning can be derived directly from the parts: an increase in tax.
Eine Steuererhöhung ist selten populär.
A tax increase is rarely popular.
In political and economic contexts, 'Steuererhöhung' (tax increase) is often combined with certain verbs. Common combinations are: eine Steuererhöhung beschließen (to approve a tax increase), fordern (to demand), ablehnen (to reject), or ankündigen (to announce).
Die Opposition fordert eine Steuererhöhung für große Konzerne.
The opposition is demanding a tax increase for large corporations.
To specify which tax is being increased, German often uses the preposition 'für' (for) or forms a new, more specific compound such as 'die Mehrwertsteuererhöhung' (VAT increase).
Die geplante Steuererhöhung für Benzin wurde stark kritisiert.
The planned tax increase on gasoline was heavily criticized.
