What is another word for tax-increase?
Pronunciation: [tˈaksˈɪnkɹiːs] (IPA) 
There are various synonyms for the term tax-increase, including tax boost, tax rise, tax hike, tax augmentation, and tax upsurge. These synonyms all refer to a situation where the government increases the taxes they levy on individuals or corporations. The purpose of such an increase may vary, including funding government projects, balancing budget deficits, or addressing essential socio-economic matters. Regardless of the reason, a tax-increase is generally subject to scrutiny by the public, who expect transparency in tax expenditures. The manner in which the government mobilizes revenue through tax-increase policies may have significant ramifications on the economy's overall wellbeing, particularly if not strategized and executed appropriately.
