SOLIDARITY SURCHARGE
(noun)Definitions
There is 1 meaning of the phrase
Solidarity Surcharge.
Solidarity Surcharge - as a noun
A tax imposed by the government in special circumstances, intended to provide funding towards theoretically solidifying projects.
Example: "Up to €972 (€1,944 for married couples) annual income tax, no solidarity surcharge is levied."
Synonyms (Exact Relations)
solidarity taxExample Sentences
"The solidarity surcharge is a tax on high-income individuals to support social welfare programs."
"The government introduced a solidarity surcharge to fund the rebuilding efforts after the natural disaster."
"Many citizens oppose the solidarity surcharge, arguing that it unfairly burdens the middle class."
"The solidarity surcharge is calculated based on a percentage of an individual's income."
"Some economists suggest replacing the solidarity surcharge with a more progressive tax system."
