What does payroll tax mean?

Definitions for payroll tax
pay·roll tax

This dictionary definitions page includes all the possible meanings, example usage and translations of the word payroll tax.


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Wikidata

  1. Payroll tax

    Payroll taxes generally fall into two categories: deductions from an employee’s wages and taxes paid by the employer based on the employee's wages. The first kind are taxes that employers are required to withhold from employees' wages, also known as withholding tax, pay-as-you-earn tax, or pay-as-you-go tax and often covering advance payment of income tax, social security contributions, and various insurances. The second kind is a tax that is paid from the employer's own funds and that is directly related to employing a worker. These can consist of fixed charges or be proportionally linked to an employee's pay. The charges paid by the employer usually cover the employer's funding of the social security system, and other insurance programs.

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Numerology

  1. Chaldean Numerology

    The numerical value of payroll tax in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of payroll tax in Pythagorean Numerology is: 9

Examples of payroll tax in a Sentence

  1. Donald Trump:

    We're looking at various tax rate deductions but I'm looking at that all the time... that's one of the reasons we're in such a strong economic position. We're, right now, the No. 1 country anywhere in the world by far as an economy, payroll tax is something that we think about and a lot of people would like to see that, and that very much affects the workers of our country.

  2. President Donald Trump:

    We are going to be asking tomorrow, we're seeing the Senate. We're going to be meeting with House Republicans, Mitch McConnell, everybody discussing a possible payroll tax cut or relief, substantial relief, we're also going to be talking about hourly wage earners getting help so that they can be in a position where they're not going to ever miss a paycheck.

  3. Donald Trump:

    Payroll tax is something that we think about and a lot of people would like to see that, and that very much affects the workers of our country.

  4. Ron Johnson:

    We talked about infrastructure, we talked about that specific problem right now with a law regarding the certification of those masks. We talked about, obviously, payroll tax relief, he wants action.

  5. Donald Trump:

    We are going to be asking tomorrow, we're seeing Senate GOP. We're going to be meeting with White House Republicans, Mitch McConnell, everybody discussing a possible payroll tax cut or relief, substantial relief.


Translations for payroll tax

From our Multilingual Translation Dictionary

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"payroll tax." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/payroll+tax>.

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