surtax
noun
sur·tax
ˈsər-ˌtaks 
1
: an extra tax or charge
2
: a graduated income tax in addition to the normal income tax imposed on the amount by which one's net income exceeds a specified sum
Examples of surtax in a Sentence
Recent Examples on the Web
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
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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
Cite this Entry
“Surtax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/surtax. Accessed 2 Jul. 2025.
Copy CitationKids Definition
surtax
noun
sur·tax
ˈsər-ˌtaks
: an additional tax over and above a general tax
Legal Definition
surtax
noun
sur·tax
ˈsər-ˌtaks
: an additional tax over and above a normal tax
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