tax freeze
Levy stays unchanged
A tax freeze is a policy that holds taxes at their current level, preventing increases for a specified period.
Property tax freezes for seniors are common: The city offers a tax freeze for homeowners over 65.
Governments may also freeze tax rates broadly during economic downturns.
The term sometimes describes a cap rather than a complete halt—allowing no increase beyond a set amount.
- propertySomething owned or inherent
- assessmentFormal evaluation of worth
- capCovering for top
- moratoriumTemporary prohibition or delay
- levyCompulsory government charge
homeowner · senior citizens · relief · exemption · ceiling · rollback · abatement · pension · cost of living · fixed · seniors · elderly · fixed income · budget · municipal · local government · reassessment · locked
- local taxesmillage, special assessment, levies, levy, rates
- property taxassessed value, property assessment, millage, property valuation, county assessor
- tax exemptionsreligious exemption, military exemption
tax freezetax increase
Rise in taxation
tax hike · tax cut · tax reduction · tax relief · progressive taxation
tax, freeze, taxes, taxed, taxing, taxation, taxable, taxman, taxpayer