payroll tax
a tax levied against the amount of wages and salaries paid workers.
Origin of payroll tax
1Words Nearby payroll tax
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use payroll tax in a sentence
Under the American Rescue Plan, companies that offer PTO for getting a vaccine or recovering from side effects can claim payroll tax credits.
The best vaccine incentive might be paid time off | Mia Sato | July 29, 2021 | MIT Technology ReviewWe based that on median household income for wage-earning households from the 2013, 2016 and 2019 SCFs, imputing income for the years in between and applying income and payroll tax rates in those years.
How We Calculated the True Tax Rates of the Wealthiest | by Jeff Ernsthausen, Paul Kiel and Jesse Eisinger | June 8, 2021 | ProPublicaLast year, Seattle’s City Council approved a payroll tax, nicknamed the “head tax,” targeting big businesses and their highest six-figure earners, such as Amazon, which already has a big footprint in the area.
Tech Is Rising and Tourism Is Tanking, But San Diego Still Banks on the Latter | Ramin Skibba | March 26, 2021 | Voice of San DiegoIn the meantime, the payroll tax holiday is merely a deferral of the taxes, and based on the guidance from the IRS and Treasury, the taxes would have to be paid back ratably from January 1 through April 30, 2021.
As Trump’s payroll tax holiday kicks in, here’s what employers and employees need to know | Anne Sraders | September 1, 2020 | FortuneBegich has courageously talked of eliminating the payroll tax cap of around $115,000.
This year, the government has removed some cash from the consumer channel via the payroll tax increase.
On January 1, the Social Security payroll tax rose to 6.6 percent, and new taxes kicked in on high earners.
June Surplus Is Further Proof of America’s Golden Age | Daniel Gross | July 11, 2013 | THE DAILY BEASTWe recently raised taxes on the wealthy, and on every worker in America with the payroll tax hike.
But that the payroll tax should not be cut because a tax cut that benefits the working class is just a “sugar high.”
Families with health insurance will pay no income on payroll tax -- or payroll taxes on $15,000 of their income.
State of the Union Addresses of George W. Bush | George W. Bush
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