as in supertax
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Recent Examples of surtax
The fiscal 2025 budget is supported by $1.3 billion in revenue generated from the state’s 4 percent surtax on household income above $1 million, on top of the general state revenue foundation of $40.2 billion that lawmakers and the administration agreed to months ago.
—
State House News Service, Boston Herald, 29 July 2024
Current Stealth Taxes include the taxation of Social Security benefits, the Medicare premium surtax, and the 3.8% net investment income tax.
—Bob Carlson, Forbes, 18 Dec. 2024
When your income is high enough to trigger the surtax regularly, shifting some income investments to tax-exempt bonds instead of other income vehicles could both lower your MAGI and avoid or reduce the surtax.
—Bob Carlson, Forbes, 23 Dec. 2024
The statewide motor vehicle surtax of 0.03% has been collected since 2003, and applies to all retail sales, leases and transfers of motor vehicles and is used to finance transportation improvements.
—Carleen Johnson | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 15 Dec. 2024
See All Example Sentences for surtax
State House News Service, Boston Herald, 29 July 2024
Current Stealth Taxes include the taxation of Social Security benefits, the Medicare premium surtax, and the 3.8% net investment income tax.
—Bob Carlson, Forbes, 18 Dec. 2024
When your income is high enough to trigger the surtax regularly, shifting some income investments to tax-exempt bonds instead of other income vehicles could both lower your MAGI and avoid or reduce the surtax.
—Bob Carlson, Forbes, 23 Dec. 2024
The statewide motor vehicle surtax of 0.03% has been collected since 2003, and applies to all retail sales, leases and transfers of motor vehicles and is used to finance transportation improvements.
—Carleen Johnson | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 15 Dec. 2024
See All Example Sentences for surtax
Recent Examples of Synonyms for surtax
Noun
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General levels of uncertainty are growing with ever changing and rapidly evolving tariff wars combining with cuts in U.S. government spending that are already starting to ripple through the global economy.—
Sal Gilbertie,
Forbes,
9 Mar. 2025
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Images | LightRocket | Getty Images The Trump administration’s tariff policy rattled stocks last week, and uncertainty weighed on the major averages.—
TipRanks.com Staff,
CNBC,
9 Mar. 2025
Noun
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The extra surcharges have come on top of the general rate increases (GRIs) that have been installed by UPS and FedEx for 2025.—
Glenn Taylor,
Sourcing Journal,
13 Mar. 2025
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Ontario’s Ford suspends U.S. electric surcharge after Lutnick agrees to trade talks Porsche won’t join China ‘pricing war’ Porsche on Wednesday reported an annual drop in operating profit to 5.6 billion euros ($6.1 billion) in 2024, down from 7.28 billion euros in the previous year.—
Jenni Reid,
CNBC,
12 Mar. 2025
Noun
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That something was the Tax Equity and Fiscal Responsibility Act of 1982, which closed income-tax loopholes and increased excise taxes on cigarettes and phone service.—
Justin Fox,
Twin Cities,
13 Mar. 2025
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The company executed a stock repurchase program, acquiring approximately 5.3 million shares for $105.4 million, including excise taxes.—
Quartz Intelligence Newsroom,
Quartz,
13 Mar. 2025
Noun
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This raises the possibility that Florida’s lack of a state income tax is not the only—or possibly not even the primary—reason for high-income people to move there.—
Laura Clawson,
JSTOR Daily,
7 Mar. 2025
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The Legislature responded by proposing more than four times that amount this session across three bills, including the income tax cut.—
Carolyn Komatsoulis,
Idaho Statesman,
6 Mar. 2025
Noun
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The property tax agreement says Chula Vista will continue to collect that revenue until LAFCO approves the annexation.—
David Garrick,
San Diego Union-Tribune,
13 Mar. 2025
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Taylor said the district has saved homeowners $23 million through state property tax relief grants, which abate $2.5 million each year.—
Olivia Stevens,
Chicago Tribune,
11 Mar. 2025
Noun
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However, under the act, many people would have to pay to get copies of their documents, which could result in a pay-to-vote situation akin to a poll tax.—
William Lambers,
Newsweek,
7 Mar. 2025
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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
Cite this Entry
“Surtax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/surtax. Accessed 23 Mar. 2025.
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