surtax

Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of surtax As of January 1, 2025, an additional 2.9% surtax applies to net gains above $1 million, pushing the top capital gains tax rate to 9.9%. Kelly Phillips Erb, Forbes.com, 27 June 2025 The tax has generated billions for transportation and education initiatives, and has become a focal point at the State House in recent weeks as lawmakers shepherded a spending bill packed with surtax revenue to Gov. Maura Healey’s desk. Matthew Medsger, Boston Herald, 22 June 2025 But there's an additional hit to some Bay State one-percenters: the 4% surtax charged for income earned over $1 million. Alex Fitzpatrick, Axios, 28 Mar. 2025 Senate Democrats released a $1.3 billion spending bill Thursday that uses surplus dollars generated by an income surtax to pay for education and transportation projects, but marks a significant departure from a proposal that cleared the House last month. Chris Van Buskirk, Boston Herald, 1 May 2025 See All Example Sentences for surtax
Recent Examples of Synonyms for surtax
Noun
  • Overall, the tariff deal between Europe and the United States impacts consumers and business owners in both jurisdictions at multiple levels.
    Priya Prakash Royal Esq. LL.M. MBA AEP TEP, Forbes.com, 1 Aug. 2025
  • Microsoft didn’t disclose Wednesday to what extent sweeping U.S. tariffs are affecting its revenue, but its annual report lists tariffs among a number of risks the company faces.
    Sasha Rogelberg, Fortune, 31 July 2025
Noun
  • Ladies paid thirty cents; the surcharge was supposed to convince women that their male neighbors were of the best class.
    Matthew Wills, JSTOR Daily, 23 July 2025
  • Though small, this surcharge embeds a kind of solidarity among all insurance policyholders in Spain, believes Francisco Espejo Gil, the assistant director for research and international relations at CCS.
    Christine Ro, Forbes.com, 22 July 2025
Noun
  • The Fiscal Inversion of Luxury Where most governments slap excise taxes on luxury goods to extract value from indulgence and use ability to pay as a stand-in for progressivity in taxation, Sweden took the exact opposite route.
    Andrew Leahey, Forbes.com, 12 July 2025
  • While California’s property and sales and excise taxes rank near the middle of the country, its individual income tax burden is second only to New York.
    David Lightman July 7, Sacbee.com, 7 July 2025
Noun
  • The interest you’re paid is exempt from federal income tax — and in some cases, state and local taxes too, if the muni is issued by your home state or city.
    Jeanne Sahadi, CNN Money, 30 July 2025
  • The administration has pushed for tariffs as a way to navigate the budget deficit amid income tax cuts and to boost domestic manufacturing jobs, but analysts have warned that American consumers will be the ones taking on the price hikes.
    Suzanne Blake, MSNBC Newsweek, 30 July 2025
Noun
  • The anticipated property tax revenue is about $600,000 annually, once the development is complete, said Village Administrator Steve Kreklow.
    Cathy Kozlowicz, jsonline.com, 23 July 2025
  • Under the higher rate, the owner of a home with a taxable value of $300,000 would see a $144 property tax jump.
    Martin E. Comas, The Orlando Sentinel, 22 July 2025
Noun
  • Equal Ground Action Fund Executive Director Genesis Robinson told Newsweek that forcing people to pay for documents equates to a poll tax.
    David Faris, MSNBC Newsweek, 11 Apr. 2025
  • 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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Cite this Entry

“Surtax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/surtax. Accessed 5 Aug. 2025.

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