payroll tax

noun

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

Word History and Origins

Origin of payroll tax¹

First recorded in 1980–85

Example Sentences

Under the American Rescue Plan, companies that offer PTO for getting a vaccine or recovering from side effects can claim payroll tax credits.

From MIT Technology Review

We 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.

From ProPublica

Last 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.

From Voice of San Diego

In 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.

From Fortune

Begich has courageously talked of eliminating the payroll tax cap of around $115,000.

From The Daily Beast

This year, the government has removed some cash from the consumer channel via the payroll tax increase.

From The Daily Beast

On January 1, the Social Security payroll tax rose to 6.6 percent, and new taxes kicked in on high earners.

From The Daily Beast

We recently raised taxes on the wealthy, and on every worker in America with the payroll tax hike.

From The Daily Beast

But that the Payroll Tax should not be cut because a tax cut that benefits the working class is just a “sugar high.”

From The Daily Beast

Families with health insurance will pay no income on payroll tax -- or payroll taxes on $15,000 of their income.

From Project Gutenberg