surtax

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The proposed 4% surtax on the portion of an individual’s annual income that exceeds $1 million would generate about $2 billion in revenue and be earmarked for investments in education and transportation, backers said.

From Washington Times

If passed, the surtax would give Massachusetts the highest short-term capital gains tax rate in the nation and the highest long-term capital gains tax rate in New England.

From Washington Times

It said a separate surtax on investment income could boost the total tax rate for wealthy investors as high as 43.3%.

From Washington Times

Capital gains income would also still be subject to a 3.8 percent surtax that helps fund the Affordable Care Act.

From New York Times

A similar attempt to use a surtax on home insurance premiums to raise money to fight wildfires failed in the Legislature last year.

From Washington Times