Tax policy is a term that refers to the system of rules, regulations, and laws that govern the levy and collection of taxes. When discussing taxation, there are several synonyms that can be used to describe tax policies. Some of the most common synonyms include fiscal policy, revenue policy, tax system, and tax regulations. These terms are all used to describe the strategies and frameworks that are put in place to regulate how tax revenues are generated and spent. While the specific language may vary depending on the context, the underlying concept remains the same: tax policy refers to the ways in which governments levy, collect, and allocate taxes on individuals and businesses.