payroll tax

American  

noun

1. a tax levied against the amount of wages and salaries paid workers.

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Etymology

Origin of payroll tax

First recorded in 1980–85

Example Sentences

See Examples For:

payroll tax

Originally, the bill called for raising the payroll tax rate by one-tenth of a percentage point a year, to an employer/employee combined 14.8% by the 2040.

From Los Angeles Times ● Aug. 18, 2026

Under current law, once the programs have exhausted their current trust funds, benefits would fall to match current revenue from the payroll tax.

From The Wall Street Journal ● Aug. 13, 2026

By doing this, you can take advantage of federal family payroll tax exemptions, which means payments to your child are not subject to certain taxes, such as Social Security, Medicare and unemployment taxes.

From MarketWatch ● May 26, 2026

Another fix being proposed is a new compensation tax on employers for the provision of perks that are currently excluded from the payroll tax, such as healthcare benefits.

From Barron's ● May 11, 2026

It is strange to suggest that payroll tax reduction can only be justified by reduction of benefits.

From Definition & Reality in the General Theory of Political Economy by Thomas Colignatus