1. But the agreement avoided much larger tax increases that were set to take effect this year.
take effect 生效
例句:The new traffic law will take effect next week.
新交通法下星期生效。
2. More tax money and budget reductions are needed to cut the federal deficit.
need to 需要
例句:I need to talk to you.
我需要和你谈谈。
3. But the largest part of the tax increase will affect those with a lot of investment income and those with very high wages.
a lot of 好多
例句:We have a lot of tinned drinks.
我们有好多听装饮料。
4. In addition, lawmakers will have to make difficult budget decisions by March first.
In addition 另外
例句:In addition, I paid 100 yuan.
另外我又付了一百元。