👉 A supertax is a tax that is imposed on an additional amount over and above the basic tax rate. This tax is generally higher than the basic tax rate, which means it can be more expensive or higher for someone who has higher income levels. For example, if you have a high income and need to pay a 5% tax on your income, but only want to pay a 7% tax on your additional income (i.e., the taxes you would normally pay), then you
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