Meaning of taxer and spender in English:
taxer and spender
Pronunciation /ˈtaksə (ə)n(d) ˈspɛndə/
noun
A person or agency with the power to raise taxes and undertake public spending; (now usually) specifically = "tax-and-spender".
Origin
1960s. From taxer + and + spender, after to tax and spend.