[
US
/ˈsɝˌtæks/
]
NOUN
- an additional tax on certain kinds of income that has already been taxed
VERB
-
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.