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
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How To Use surtax In A Sentence

  • We are referring, of course, to the superannuation surtax and the actual level of superannuation payments.
  • Effectively, the tax rate will be 39.6% plus whatever the surtax is plus whatever state + local income taxes (plus of course medicare which is roughly 1.45%) Wonk Room » Fox News’ Megyn Kelly Criticizes ‘Astronomical’ Top Tax Rate That ‘Shocks The Conscience’
  • Sure, I remember the surtax Congress imposed to support the rich.
  • Even if the health care surtax is enacted, the Social Security payroll cap is lifted, and the Bush tax cuts expire in 2011, the rich would be paying 45 percent in federal income taxes. Wonk Room » Fox News’ Megyn Kelly Criticizes ‘Astronomical’ Top Tax Rate That ‘Shocks The Conscience’
  • It's actually the same as if someone asked the City Council wherever Scalia lives to impose a special surtax on Scalia's property.
  • That bill (i.e. -- proposed legitimate gambling zones confined to certain areas surveilled by local police agencies, where cards, slot machines, off track betting and other games of chance will be legal, but heavily surtaxed for State revenue purposes) is a moral outrage that condones compulsive gambling under the guise of political good. White Jazz
  • Consider raising the small business tax and surtax thresholds for passenger vehicles and increasing the property transfer tax exemption.
  • The taxes you talk about, at least what's being reported in the news, the so-called surtax -- half of that surtax is going to fall on small business owners filing as individuals in this country, and so, it appears for all of the world like a massive government-run insurance plan paid for with a freight train of mandates and taxes and bureaucracy. CNN Transcript Oct 29, 2009
  • A surtax is the ultimate act of public-sector panic. The Blue Dogs’ Final Dilemma
  • The announcement of a 15 per cent surtax on cigarettes, oysters and live swine from the United States came Thursday, just as the European Union took similar measures.
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