undertaxing
Levying too little
Undertaxing is taxing insufficiently—setting rates too low or failing to collect what's owed.
The term appears in debates about government revenue and fiscal policy: Critics accused the state of undertaxing corporations while cutting services.
The opposite of overtaxing, it suggests a shortfall rather than an excess.
Visible electromagnetic radiation
- minimalSmallest amount needed
- nominalIn designation only
- modestLacking in pretension
- insufficientBelow required quantity
inadequate · gentle · lax · permissive · forgiving · meager · slight · token
Valuing below actual worth
- shortfallFailure to reach quota
- deficitAmount still owed
- underfundingInadequate monetary allocation
- revenueBusiness income total
underreporting · noncompliance · evasion · avoidance · loophole · insufficiency · inadequacy · budget gap
light
Visible electromagnetic radiation
insufficient · inadequate · gentle · lax · permissive · forgiving · meager · slight · token · easygoing
underassessment
Valuing below actual worth
- shortfallFailure to reach quota
- deficitAmount still owed
- underfundingInadequate monetary allocation
revenue · underreporting · noncompliance · evasion · avoidance · loophole · insufficiency · inadequacy · budget gap · uncollected
exemption
Release from requirement
- deductionConclusion from premises
- rebateReturned portion of payment
- creditRecognition or payment deferral
write-off · shelter · loophole · subsidy · break · abatement · concession · allowance · incentive · offset
undertaxingovertaxing
Burdening beyond capacity
overtaxation · overburdening · soaking · overtaxed · squeezing
taxing, taxation, taxpayer, overtaxed, overtax, taxable, untaxed, nontaxable, overtaxing