surtaxed
Hit with surcharge
Surtaxed means having had a surtax applied—an additional tax levied on top of a regular tax, typically on income above a certain threshold.
The term appears in tax policy discussions and financial contexts: High earners were surtaxed at an additional ten percent.
The surtaxed amount exceeded what we'd budgeted.
Mandatory governmental charges
- dutiesRequired tasks or charges
- tariffsTaxes on imports
- exciseRemove by cutting
- assessmentsFormal judgments of value
withholding · surcharge · IRS · audit · collections · customs · imposts
Business income total
- deficitAmount still owed
- surplusAmount exceeding requirement
- austerityEnforced economic stringency
- deductionsConclusions from reasoning
exemptions · loopholes · public spending · budget · appropriations · treasury · fiscal policy · government spending
Surpassing reasonable bounds
- squeezedPressed firmly together
- overchargedCharged excessive amount
- punitiveInflicting or intending penalty
- exorbitantUnreasonably high, as costs
steep · unreasonable · oppressive · usurious · confiscatory · penalized · burdened · strained
Prolonged economic decline
- inflationSustained price level increase
- austerityEnforced economic stringency
- deficitAmount still owed
- downturnEconomic decline period
stagflation · contraction · slowdown · fiscal crisis · budget cuts · economic pressure · wealth redistribution
levies
Mandatory governmental charges
assessments · withholding · surcharge · IRS · audit · collections · customs · imposts
revenue
Business income total
deductions · exemptions · loopholes · public spending · budget · appropriations · treasury · fiscal policy · government spending · rebate
excessive
Surpassing reasonable bounds
- squeezedPressed firmly together
- overchargedCharged excessive amount
- punitiveInflicting or intending penalty
exorbitant · steep · unreasonable · oppressive · usurious · confiscatory · penalized · burdened · strained · stretched
recession
Prolonged economic decline
- inflationSustained price level increase
- austerityEnforced economic stringency
- deficitAmount still owed
downturn · stagflation · contraction · slowdown · fiscal crisis · budget cuts · economic pressure · wealth redistribution
surtaxeduntaxed
Exempt from government levies
tax-exempt · tax-free · undertaxed · subsidized · duty-free