surtax

Examples of surtax in a Sentence

These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Recent Examples on the Web 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 Taxing capital gains at the same rate as ordinary income for those making more than $1 million; adopting a 4 percent surtax on income above $5 million; adopting a 1 percent surtax on corporate income above $100 million; and making wages over $400,000 subject to the payroll tax. Jennifer Rubin, Washington Post, 30 July 2024 Why not put a surtax on private patient medical bills to support NYC Health and Hospitals Corp.? Voice Of The People, New York Daily News, 25 Jan. 2024 Advertisement Payroll taxes paid by employers are rising not only to cover payouts to unemployed workers but also a state surcharge and a gradually increasing federal surtax to help pay off the principal on the debt. Don Lee, Los Angeles Times, 18 Apr. 2024 See all Example Sentences for surtax 
Recent Examples of Synonyms for surtax
Noun
  • The trade-off centers on two issues: tariffs and Taiwan.
    New York Times, New York Times, 3 Nov. 2024
  • Trump’s proposals of at least a 10% worldwide tariff and a 60% tax on all Chinese goods would not be good news for big retailers like Target, so a Harris victory could erase concerns currently priced in to its shares.
    Greg McKenna, Fortune, 2 Nov. 2024
Noun
  • Lufthansa recently announced surcharges of up to €72 per ticket to cover part of the costs of increasing environmental requirements.
    Dean Donovan, Forbes, 4 Nov. 2024
  • In the past Starbucks has justified the surcharge by citing the higher cost of purchasing and stocking these products.
    Sasha Rogelberg, Fortune, 31 Oct. 2024
Noun
  • In the nineteenth century, the United States had high tariffs, domestic excise taxes (sales taxes), and no income tax.
    Nathan Lewis, Forbes, 8 Oct. 2024
  • In addition, businesses whose products and services incur high costs on governments and infrastructure–think excise taxes on diesel fuel and tires for trucking—also rightly pay more.
    Eileen McCarron, The Denver Post, 1 Oct. 2024
Noun
  • One of the similarities between the Canadian tax system and the U.S. tax system is that most income tax and benefit amounts in both countries are indexed to inflation (only a few countries adjust their income tax thresholds for inflation—out of 160 economies, 131 have no adjustment at all).
    Kelly Phillips Erb, Forbes, 2 Nov. 2024
  • During the quarter, Apple paid a one-time income tax charge of $10.2 billion to resolve a long-running case dating back to 2016 over how the company handled taxes in Ireland.
    Kif Leswing, CNBC, 31 Oct. 2024
Noun
  • And Seattle voters will weigh in on a $1.55 billion transportation levy, the largest property tax measure in city history.
    Melissa Santos, Axios, 5 Nov. 2024
  • Georgia is one of eight states with property tax measures on the ballot.
    Thomas G. Moukawsher, Newsweek, 5 Nov. 2024
Noun
  • 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
  • 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 17 Nov. 2024.

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