Tingle table n.— «The Tingle Table, designed by an IRS employee in 1961, is used at Service Centers to sort paper tax returns.» —by Department of The Treasury Internal Revenue Service Annual Report Fiscal Year...
pop-up tax n.— «If the proposed bill—sponsored by Rep. Andy Meisner, D-Ferndale—passes and is signed into law, the buyer of Rimanelli’s home would be allowed to retain the current $3,500 tax bill, dodging the pop-up tax—the name given to...
orphan drug n.— «Some of the most successful blockbuster drugs in the world treat diseases that most people have never heard of. They’re called orphan drugs, and the government doles out big tax breaks to companies that deliver them. Even...
waterfall n.— «Lawmakers use the term “waterfall” to describe surplus revenue. Hube worried there might be no water in this year’s waterfall.» —“House acts on spending, tax rates and fees” by Nancy...
circuit breaker n.— «The same kind of proposal is offered for property taxes, with a special commission endorsement of the “circuit breaker” provision of Wisconsin and Minnesota laws that give low-income elderly homeowners and...
birth tax n.— «He complained that everyone talks about the “death tax,” while he wants to do something about the “birth tax,” that is, the $156,000 that is each American’s share of the federal debt burden...