An additional tax on certain kinds of income that has already been taxed
An additional or extra tax.
Noun
an additional tax on certain kinds of income that has already been taxed
Verb
levy an extra tax on; "surtax luxury items that cost more than $1,000"
n.
An additional or extra tax.
v. t.
To impose an additional tax on.
Surtax
Surtax
An additional or extra tax.
To impose an additional tax on.
Usage Examples
Raising taxes is the last thing we should do amid the weakest economic recovery since World War II. Unfortunately, even if we avoid the full 'Taxmageddon' scenario, President Obama's health care law also contains a new surtax on investment that will take effect in 2013.
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Other Usage Examples