Economic Policy Language

2 words in this vocabulary list

noun a system of ideas and ideals, especially one that forms the basis of economic or political theory and policy

  • The political party's ideology was based on principles of equality and social justice.
  • She doesn't really follow any specific ideology, she just goes with the flow.
  • I'm not really into the whole ideology thing, I just do what feels right.
  • His ideology was like a rock, unwavering and unyielding in the face of opposition.

noun a tax levied on income, especially on personal income

  • Individuals are required to report their income tax to the government annually.
  • Don't forget to file your income tax before the deadline!
  • I hate paying my income tax, it's such a drag.
  • Paying income tax is like giving a portion of your hard-earned money to the government.