surtax
IPA: sˈɝtæks
noun
- (law) An additional or extra tax.
verb
- (transitive) To impose a surtax upon.
Advertisement
Examples of "surtax" in Sentences
- Surtax on undistributed profits.
- A surtax is the ultimate act of public-sector panic.
- He was therefore, liable to pay surtax on the dividends.
- Donruss paid their surtax but sued to get the money back.
- As such, Vandervell was liable to pay surtax on the option.
- The surtax was repealed well before the war ended in Vietnam.
- A surtax may be a tax levied upon a tax, or a tax levied upon income.
- A surtax, may be a tax levied upon a tax, or a tax levied upon income.
- A 'surtax' may be a tax levied upon a tax, or a tax levied upon income.
- Only the first $5,000 of a large purchase is subject to the surtax rate.
- Most counties levy the surtax for education or transportation improvements.
- What we call the normal income tax is the ordinary tax; what we call the surtax is the supertax.
- A progressive war surtax is the fairest way to pay for it – fairest to working class families and fairest to military families.
- 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%)
- If a surtax is seriously being considered by Congress, it makes little sense to simultaneously dismiss the proposals to limit deductions or cap benefits out of hand.
- 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.
- Obama will call his surtax "the Buffett Rule" in honor of the billionaire who wants higher taxes and who once said of class warfare that there was indeed a class war in America and his class, the very rich, were winning.
- 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.
Advertisement
Advertisement