Definitions

1. adjective

Of or relating to a tax system in which the tax burden is borne by the land or property rather than its occupants.

“The economist argued that the hypotaxic system in place would lead to inefficient land use and reduced economic growth.”

2. noun

A tax system in which the tax burden is borne by the land or property rather than its occupants.

“The new government implemented a hypotaxic system to alleviate the financial burden on low-income families.”