surtax
7
7.5
- noun
- /ˈsɜrˌtæks/
- Formal
:
sobretasa
- The Medicare surtax will also apply for the first time to at least a portion of high-income households' investment income.
Examples
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In the short term, Congress is likely to view repeal of the "catastrophic" surtax as a strike against reasonable financing proposals for healthcare.
Academic text (1990) -
Bernie Sanders' proposed surtax on millionaires is only about $40 billion a year.
Blog text (26) -
Under the new rules, dividends are not included when determining the surtax, but they are included when determining your premiums, so please be careful.
Blog text (33) -
The Medicare surtax will also apply to capital gains from the disposition of property.
Blog text (30) -
Personally, I've always thought the best clawback strategy would be a surtax on incomes over, say, $5 million.
Blog text (30) -
His surtax would affect roughly 250,000 out of more than 140 million total tax filers.
Blog text (14) -
For the Democrats, Sen. Bob Casey, D-Pa., has proposed a surtax on the rich to help pay for the payroll tax cut package.
Blog text (14) -
Only amounts over $10,200 for individual coverage and $27,500 for family coverage are subject to the Cadillac surtax.
Blog text (15) -
Medicare surtax will be imposed on a taxpayer's "net investment income" (NII) and will generally apply to passive income.
Blog text (30) -
The government proposed a surtax on individuals earning over $250,000 to fund public education.
Synonyms
165
3.0
A rise in the money people pay to the government as taxes
31
5.5
An extra charge added to the usual price for a service
An extra tax on income above a certain level
Antonyms
How Large
- Formal
7
7.5
31
5.5
Surface Forms
Morphology
Etymology
Surtax comes from the prefix sur- meaning 'over' and the word tax. So, a surtax is an extra tax put 'over' the normal tax, meaning you pay more on top of what is already taxed.