tax subsidy
noun[CorU]
TAX,GOVERNMENT,ECONOMICSukusareductionintaxinordertoreducethecostofproducingfood, aproduct, etc. and tohelptokeepitspricelow:
tax subsidies to sb/sthEnvironmentalists havelobbiedto end alltaxsubsidiestobigoilcompanies.
a tax subsidy for sthTheyapproveda $10 milliontaxsubsidyforbeefproducerstooffsetthehigherfeedcosts.
Theyopposethewholeideaoftaxsubsidy.