👉 The term "surtaxing" refers to a taxation method or process where a tax is added on top of the income or capital gains that are taxed, typically in order to raise revenue for government purposes. This can be done through various methods such as withholding taxes, capital gains tax, and other forms of taxation. Surtaxing is often used by governments to fund public services, such as education, healthcare, infrastructure, and social programs. It's a common method of raising revenue in
