payroll tax
noun
1
: a tax that is paid by a company and that is based on the amount of money that the company spends paying all of its employees
2
: money that is taken from a person's pay and given directly to the government as income tax
Examples of payroll tax in a Sentence
Recent Examples on the Web
In France, local companies above 11 employees can be subject to a payroll tax called Versement Transport that helps boost funding.
—
Nicole Kobie, Forbes, 27 Nov. 2024
Singer said Oz’s Medicare Advantage proposal could require large new taxes — perhaps a 20% payroll tax — to implement.
—Darius Tahir, Los Angeles Times, 25 Nov. 2024
To fund this, Oz has called for a 20 percent payroll tax.
—Matt Robison, Newsweek, 20 Nov. 2024
The non-partisan Committee for a Responsible Federal Budget calculates a range between $150 billion and $250 billion for a version that also exempts tips from payroll tax.
—Bob Woods, CNBC, 4 Nov. 2024
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Nicole Kobie, Forbes, 27 Nov. 2024
Singer said Oz’s Medicare Advantage proposal could require large new taxes — perhaps a 20% payroll tax — to implement.
—Darius Tahir, Los Angeles Times, 25 Nov. 2024
To fund this, Oz has called for a 20 percent payroll tax.
—Matt Robison, Newsweek, 20 Nov. 2024
The non-partisan Committee for a Responsible Federal Budget calculates a range between $150 billion and $250 billion for a version that also exempts tips from payroll tax.
—Bob Woods, CNBC, 4 Nov. 2024
See all Example Sentences for payroll tax
Dictionary Entries Near payroll tax
Cite this Entry
“Payroll tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payroll%20tax. Accessed 17 Dec. 2024.
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