surtax

Definition

An add-on tax, such as a tax applied to individuals or corporations whose income exceeds a certain level.

Use surtax in a sentence

I would be getting a surtax because I made over a certain amount of money and had to pay it.

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You may find that you will have to put a surtax on your product and hope that your customers will not mind.

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The surtax was necessary but considering the increased amount of profits earned this quarter the executives at the company were glad to pay more taxes.

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