as in supertax
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Recent Examples of surtax
Illinois In Illinois, voters will consider a proposal to create a 3% surtax on income over $1 million.
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Kelly Phillips Erb, Forbes, 29 Oct. 2024
Walz accomplished his tax cuts for families and seniors by limiting the amount of standard or itemized deductions that high-income filers could claim, as well as reducing a deduction for dividend income and creating a surtax on capital gains income, the Tax Policy Center notes.
—Aimee Picchi, CBS News, 30 Sep. 2024
One of the fights was over a 1% surtax that applies to passive investment income in excess of $1 million.
—Brian Schwartz, CNBC, 13 Aug. 2024
The state imposed a 1% surtax on capital gains, dividends, and other investment income that exceeds $1 million in a year.
—Max Zahn, ABC News, 8 Aug. 2024
See all Example Sentences for surtax 
Kelly Phillips Erb, Forbes, 29 Oct. 2024
Walz accomplished his tax cuts for families and seniors by limiting the amount of standard or itemized deductions that high-income filers could claim, as well as reducing a deduction for dividend income and creating a surtax on capital gains income, the Tax Policy Center notes.
—Aimee Picchi, CBS News, 30 Sep. 2024
One of the fights was over a 1% surtax that applies to passive investment income in excess of $1 million.
—Brian Schwartz, CNBC, 13 Aug. 2024
The state imposed a 1% surtax on capital gains, dividends, and other investment income that exceeds $1 million in a year.
—Max Zahn, ABC News, 8 Aug. 2024
See all Example Sentences for surtax
Recent Examples of Synonyms for surtax
Noun
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After Trump announced his plan to impose a 25% tariff on all products from Mexico coming into the U.S., Sheinbaum was quick to issue a firm response, indicating that Mexico would retaliate with tariffs against the U.S. Sheinbaum was also on the TIME100 Climate list this year.TIME Staff, TIME, 9 Dec. 2024
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And at Mar-a-Lago in Florida last week, Canadian Prime Minister Justin Trudeau's unannounced arrival to discuss, among other things, Trump's fresh threat to impose 25% tariffs on goods from Canada and Mexico.Susan Page, USA TODAY, 9 Dec. 2024
Noun
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FedEx Home delivers packages 150 pounds or less to residences every day of the week (with a $5.15 residential surcharge per package).Mike Snider, USA TODAY, 7 Dec. 2024
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Incredibly, leading civic and business groups have joined unions in calling for even higher taxes, including more city levies and a state income tax surcharge to address Illinois’ unfathomable pension debt.Forrest Claypool, Chicago Tribune, 5 Dec. 2024
Noun
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In 1971, ads were banned from television and later large increases in excise taxes were imposed, followed in the 1980s and 90s by prohibitions on smoking in public spaces.Joshua P. Cohen, Forbes, 1 Dec. 2024
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Spokespersons for the Tax Board and California Department of Tax and Fee Administration (the successor agency for the Board of Equalization) confirmed Thursday that the holds refer to unpaid taxes, like sales, excise and income taxes.Lori Weisberg, San Diego Union-Tribune, 17 June 2024
Noun
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Catch up quick: Cox signed a law earlier this year slashing the state income tax rate from 4.65% to 4.55%. Democrats and education advocates criticized the cut, arguing those funds should be spent on public schools and social services.Kim Bojórquez, Axios, 5 Dec. 2024
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In the resulting chaos, states have scrambled to fill the gap with regard to state income tax.Robert W. Wood, Forbes, 5 Dec. 2024
Noun
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Despite a last-minute plea from St. Paul Mayor Melvin Carter and a wide-ranging assembly of city partners, the St. Paul City Council voted 4-2 on Wednesday to reject the mayor’s final budget proposal, which called for a 6.9% property tax levy increase.Frederick Melo, Twin Cities, 11 Dec. 2024
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The City of Brookfield has never held a property tax levy referendum, according to Scott.Bridget Fogarty, Journal Sentinel, 5 Dec. 2024
Noun
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Prior to council tax, there was poll tax which was so wildly unpopular, people began rioting across England.Tanyel Mustafa, refinery29.com, 12 Jan. 2024
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But a Venezuelan passport costs more than $300, a price that amounts to a poll tax because few migrants can afford them.John Otis, NPR, 16 Apr. 2024
Thesaurus Entries Near surtax
Cite this Entry
“Surtax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/surtax. Accessed 18 Dec. 2024.
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