noun
taxflation
Economics term for inflation driven by tax increases, especially indirect taxes like consumption tax.
消費税率の引き上げがタックスフレーションを引き起こす可能性がある。
A consumption tax hike could cause taxflation.
General inflation; タックスフレーション specifically refers to inflation caused by tax increases.
Borrowed from English 'taxflation', a blend of 'tax' and 'inflation'.