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supertax

[ soo-per-taks ]

noun

  1. Chiefly British. a tax in addition to a normal tax, as one upon income above a certain amount.
  2. a surtax.


supertax

/ ˈsuːpəˌtæks /

noun

  1. a tax levied in addition to the basic tax, esp a graduated surtax on incomes above a certain level


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Word History and Origins

Origin of supertax1

First recorded in 1905–10; super- + tax

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Example Sentences

Thank Heaven, she says, hes got somebody thatll be able to keep him when the supertax is put up to twenty shillings in the pound.

Income-tax and supertax doubled and charged on one-third of the current year's income.

What we call the normal income tax is the ordinary tax; what we call the surtax is the supertax.

The rate of this supertax should increase with the size of the estate above the fixed maximum.

For situations of this kind a supertax on large estates would seem to hold the promise of a large measure of relief.

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