noun
income tax cut; income tax reduction
Refers to a reduction in income tax, often discussed in economic or political contexts.
政府は所得税減税を検討している。
The government is considering an income tax cut.
所得税減税が実施されれば、家計の負担が軽くなる。
If an income tax reduction is implemented, the burden on household finances will be lighter.
Compound of 所得税 (income tax) and 減税 (tax reduction).