Definition of overtax in English:

overtax

Line breaks: over|tax
Pronunciation: /əʊvəˈtaks
 
/

verb

[with object]
1Require to pay too much tax: the UK is not overtaxed compared to other countries
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

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.

Definition of overtax in:

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