This is the 3281st most frequent Japanese word.
引き下げ
"Reduction" or "lowering."
In this sentence, 『引き下げ』 is used as a noun to refer to the act of lowering or reducing a value, rate, or amount.
政府は税率の引き下げを検討しています。
The government is considering the reduction of tax rates.
Here, 『引き下げる』 is used as a verb meaning 'to lower' or 'reduce,' directly indicating an action taken to decrease something.
料金を引き下げることで利用者を増やすつもりです。
They intend to increase users by lowering fees.
In this case, 『引き下げ』 again acts as a noun, emphasizing the impact of the reduction in economic terms.