Third-person singular simple present indicative form of overtax.(verb)
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Use "overtaxes" in a sentence
"• You don't need an MBA to understand that our tax system favors the rich and overtaxes the middle class and poor."
"We thank Mr. Arends for clarifying and underscoring how much our current system overtaxes the middle class."
"When the government overtaxes on income (due to many reasons, such as tax deductions, being in the wrong tax bracket, etc), and withholds too much, it must pay this amount back to the taxed person."