SUPERTAX

surtax, supertax

(noun) an additional tax on certain kinds of income that has already been taxed

Source: WordNet® 3.1


Etymology

Noun

supertax (plural supertaxes)

An additional tax on something that has already been taxed

A higher rate of an existing tax

Source: Wiktionary


Su"per*tax`, n. [Super- + tax.]

Definition: A tax in addition to the usual or normal tax; specif., in the United Kingdom, an income tax of sixpence for every pound in addition to the normal income tax of one shilling and twopence for every pound, imposed, by the Finance Act of 1909-1910 (c. 8, ss 66, 72), on the amount by which the income of any person exceeds Ā£3,000 when his total income exceeds Ā£5,000.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

26 February 2025

ACRIMONIOUS

(adjective) marked by strong resentment or cynicism; ā€œan acrimonious disputeā€; ā€œbitter about the divorceā€


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Coffee Trivia

Decaffeinated coffee comes from a chemical process that takes out caffeine from the beans. Pharmaceutical and soda companies buy the extracted caffeine.

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