'tax raise' is correct and usable in written English.
You can use it when referring to an increase in taxes. Example: According to the new budget proposal from the government, there will be a tax raise of 5%.
■ Does the tax raise the price of soda?
TR: How much revenue would a carbon tax raise in the U.S.? Who would get the money?
Just cap spending, make the Bush tax cuts permanent and eliminate the estate tax, raise the retirement age for Social Security, and offer some lower-cost Medicare options.
We want to take people on the minimum wage out of income tax, raise that tax free allowance to £12,500.
He also pledged to abolish the bedroom tax, raise the minimum wage, and improve the offer of free childcare for the parents of three to four-year-olds.
In 2015, the tax raises $9.8 billion.
By 2023, the tax raises just $6 billion.
Still, the tax raised $216 million in new revenue.
Corporate tax raises 30% of revenue in countries like Thailand and Peru.
The individual income tax now raises 7.7percentt of G.D.P., and the corporate income tax raises 2.3percentt.
