supertax in a sentence
n.
Definition
Supertax: a higher rate of tax imposed on individuals or entities with high incomes, intended to generate additional revenue for government programs or services.
Sample Sentences
- The government proposed a new supertax aimed at high-income earners to fund public services.
- Critics argue that the supertax may discourage investment and economic growth.
- Many citizens are divided on the effectiveness of the supertax in addressing income inequality.
- Implementing a supertax could lead to significant changes in the financial landscape of the nation.
- The supertax was met with resistance from various business groups concerned about its impact.
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