The Medicare surtax is collected efficiently and automatically.
The Democrats want to pay for it with a 3.5 percent surtax on dollars earned over $1 million per year.
This budget anticipates the extension of the surtax that Congress enacted last year.
A surtax of 100% is placed on ready-made cotton clothing, and a surtax of 30% on colored threads.
Since April 1905 a surtax of 7% has been imposed on all goods of other than French origin.
Rich people, since the income tax, are officially those who pay the tax but not the surtax.
In addition, a surtax of five francs gold per bag (961⁄4 cents) was placed on every bag exported to pay carrying charges.
What we call the normal income tax is the ordinary tax; what we call the surtax is the supertax.