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The phrase "a tax increase" is correct and usable in written English.
You can use it when discussing changes in tax policy or financial matters that involve raising taxes.
Example: "The government announced a tax increase to fund public services and infrastructure projects."
Alternatives: "a tax hike" or "an increase in taxes."
Exact(57)
A tax increase looms.
"Was this a tax increase?
"That is a tax increase".
That would have required a tax increase.
But a tax increase is different.
Is anyone happy with a tax increase?
So is that a tax increase?
Leyonhjelm said "a deficit levy equals a tax increase.
In Nassau, Wantagh proposed a tax increase of 8.27percentt.
Would that not require campaigning for a tax increase?
In effect, it is a tax increase by stealth.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com