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payroll tax

American  

noun

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


Etymology

Origin of payroll tax

First recorded in 1980–85

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

One is a new payroll tax to fund a state-managed family and medical leave program similar to Minnesota’s.

From The Wall Street Journal

The Congressional Budget Office reports that non-withheld income and payroll tax payments for the first five months of this fiscal year were up 30% compared to last year.

From The Wall Street Journal

So, Card and Kreuger hit back with a second study using more comprehensive data–detailed unemployment insurance payroll tax records collected by the Labor Department.

From The Wall Street Journal

The Urban Institute researchers defined the threshold for economic security as the amount needed to “pay for reasonable levels of housing, food, healthcare, caregiving, transportation, technology and debt service, as well as precautionary savings needs and federal, state and payroll tax liabilities.”

From MarketWatch

There are many suggested fixes, including raising the payroll tax, eliminating the income cap on high earners or adjusting the types of benefits offered.

From MarketWatch