follow Dictionary.com

Stories We Like: Novels For Language Lovers

payroll tax

noun
1.
a tax levied against the amount of wages and salaries paid workers.
Origin
1980-1985
1980-85
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Examples from the web for payroll tax
  • We have never gone this long without a payroll tax increase.
  • Before you ask, this ranking takes account of employee-side payroll tax as well as the federal income tax.
  • As money was diverted from the payroll tax, government saving would fall while private saving rose.
  • It would be a fairly simple process to replace, say, parts of the payroll tax with a tax on greenhouse-gas pollution.
  • The payroll tax is a tax on covered wages that is paid by employers and employees.
  • payroll tax information and important dates for employers and employees.
Encyclopedia Article for payroll tax

levy imposed on wages and salaries. In contrast to income taxes, payroll taxes do not include income from capital sources such as dividends and interest

Learn more about payroll tax with a free trial on Britannica.com
Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
Cite This Source

Word of the Day

Word Value for payroll

12
14
Scrabble Words With Friends

Nearby words for payroll tax