Definition of overtax in English:

overtax

Syllabification: o·ver·tax
Pronunciation: /ˌōvərˈtaks
 
/

verb

[with object]
1Require (a person or company) to pay too much tax: if you’re overtaxed, we want you in our party
More example sentences
  • But the fact that there were no credits applying meant they were often overtaxed compared with people taxed at 33 percent.
  • There is a theory in Economics called the Philips curve, which states that, if you overtax a nation beyond a certain point, the actual tax revenue will decline, as taxpayers will build up a resistance and compliance will decline rapidly.
  • He says that we are overtaxed compared to Australia.
2Make excessive demands on (a person’s strength, abilities, etc.): do athletes overtax their hearts?
More example sentences
  • During Operation DESERT STORM, mass surrenders of enemy troops overtaxed the coalition's ability to provide medical services.
  • I note that you mercifully didn't choose to overtax our abilities by describing this power rating as ‘four 50-watt domestic lightbulbs’.
  • For this purpose disasters can be defined as external events that seriously overtax the ability of individuals and their communities to respond with the resources available.

Derivatives

overtaxation

Pronunciation: /-takˈsāSHən/
noun
sense 1.
More example sentences
  • As a guarantee against overtaxation, the State makes a standing offer to buy back the land for its real market value at the reference date.
  • To deal with this concern, I propose to legislate so that specified superannuation contribution withholding tax is calculated only on an employee's salary or wages, thereby eliminating the potential for overtaxation.
  • For those MPs who have done the mental arithmetic, that is $3,500 of overtaxation per worker in New Zealand.

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