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...
flush tax n.— «The U.S. Department of Defense has agreed to spend $22 million upgrading its wastewater- treatment plants throughout Maryland in lieu of paying the Ehrlich administration’s “flush tax”—a move that ends nearly...
ghetto tax n.— «The study, from the Brookings Institution, said finding ways to eliminate these added costs, often called a “ghetto tax,” could be an important new front in the fight against poverty.» —“Study Documents ‘Ghetto...