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 £3,000 when his total income exceeds £5,000.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

26 January 2025

NEGLECT

(verb) leave undone or leave out; “How could I miss that typo?”; “The workers on the conveyor belt miss one out of ten”


coffee icon

Coffee Trivia

In the 18th century, the Swedish government made coffee and its paraphernalia (including cups and dishes) illegal for its supposed ties to rebellious sentiment.

coffee icon