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surtax

[ US /ˈsɝˌtæks/ ]
NOUN
  1. an additional tax on certain kinds of income that has already been taxed
VERB
  1. levy an extra tax on
    surtax luxury items that cost more than $1,000

How To Use surtax In A Sentence

  • A progressive war surtax is the fairest way to pay for it – fairest to working class families and fairest to military families. Obama's Afghanistan decision meets with mixed reaction
  • Barack Obama and John Edwards advocate taxing capital gains at 28%; Hillary Clinton favors taxing dividends at the surtaxed income-tax rates. The Truth About the Top 1%
  • The surtax of 45 per cent to alleviate unemployment drove a wedge between rural France and Paris, further fuelling class tensions.
  • The Liberal budget reduced personal income, capital gains and corporate tax rates, and announced the phased elimination of a surtax on higher income Canadians, but it made no mention of the regressive Goods and Services Tax.
  • The legislature passed a law to aBolish the surtax.
  • One has to wonder whether the Labour Party remembers who put the surtax on, who brought in asset testing against the elderly, and who removed the elderly as a priority from hospital waiting lists.
  • In many states a temporary surtax on personal income taxes is probably the optimal answer, when contingency funds are inadequate and prudent spending reductions have been exhausted.
  • During World War II, we had surtaxes, not tax cuts.
  • You should be surtaxed for your contribution fee.
  • He was part of an administration that sold public assets and ruthlessly broke firm electoral pledges, such as that on the superannuation surtax.
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