(British, New Zealand, Australian, Hong Kong) Taxes, usually on property, levied by local government.
Nonetheless, it did not stop the Fed from cutting rates last Thursday.
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
See all Regional & Other slang on Slangora.