cliff edge

noun singular

UK /ˈklɪf ˌedʒ/

1
economicsin taxation, a situation where a small increase in income leads to a large loss of benefits or increase in taxes due
To remove the cliff edge in the original policy, child benefit was withdrawn gradually from those earning between £50,000 and £60,000.
This meaning is based on one submitted to the Open Dictionary from United Kingdom on 20/04/2012
Synonyms and related words
Relating to tax and taxation
1099
after tax
allowance
2
a situation where a sudden change leads to many immediate and very large problems
Many of the consequences of the Brexit cliff edge are likely to come into focus well before the UK leaves the EU.
Synonyms and related words
Difficult situations and experiences
crisis
battle
nightmare
Synonyms and related words
Changes for the worse
contamination
regression
lapse
3
in taxation, a situation where a small increase in income leads to a large loss of benefits or increase in taxes due
To remove the “cliff-edge” in the original policy, Mr Osborne said child benefit would be withdrawn gradually from those earning between £50,000 and £60,000.
Submitted from:
United Kingdom on 20/04/2012
Open Dictionary - April2012

单词	cliff edge
释义	cliff edge noun singular UK /ˈklɪf ˌedʒ/ DEFINITIONS3 1 economicsin taxation, a situation where a small increase in income leads to a large loss of benefits or increase in taxes due To remove the cliff edge in the original policy, child benefit was withdrawn gradually from those earning between £50,000 and £60,000. This meaning is based on one submitted to the Open Dictionary from United Kingdom on 20/04/2012 Synonyms and related words Relating to tax and taxation 1099 after tax allowance 2 a situation where a sudden change leads to many immediate and very large problems Many of the consequences of the Brexit cliff edge are likely to come into focus well before the UK leaves the EU. Synonyms and related words Difficult situations and experiences crisis battle nightmare Synonyms and related words Changes for the worse contamination regression lapse 3 in taxation, a situation where a small increase in income leads to a large loss of benefits or increase in taxes due To remove the “cliff-edge” in the original policy, Mr Osborne said child benefit would be withdrawn gradually from those earning between £50,000 and £60,000. Submitted from: United Kingdom on 20/04/2012 Open Dictionary - April2012 cliff edge noun singular US /ˈklɪf ˌedʒ/ DEFINITIONS3 1 economicsin taxation, a situation where a small increase in income leads to a large loss of benefits or increase in taxes due Gridlock will be the most used political term in the next two years as we rush towards the fiscal cliff edge. This meaning is based on one submitted to the Open Dictionary from United Kingdom on 20/04/2012 Synonyms and related words Relating to tax and taxation 1040 form 1099 after tax 2 a situation where a sudden change leads to many immediate and very large problems Many of the consequences of the Brexit cliff edge are likely to come into focus well before the U.K. leaves the E.U. Synonyms and related words Difficult situations and experiences crisis battle nightmare Synonyms and related words Changes for the worse contamination wreckage regression 3 in taxation, a situation where a small increase in income leads to a large loss of benefits or increase in taxes due To remove the “cliff-edge” in the original policy, Mr Osborne said child benefit would be withdrawn gradually from those earning between £50,000 and £60,000. Submitted from: United Kingdom on 20/04/2012 Open Dictionary - April2012
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