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



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Word of the Day

5 November 2024

TEMPORIZE

(verb) draw out a discussion or process in order to gain time; “The speaker temporized in order to delay the vote”


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Coffee Trivia

The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.

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