How to Use payroll tax in a Sentence

payroll tax

noun

• The measure exempts tips from federal income tax, but not from the payroll tax that funds Social Security and part of Medicare.
  — Michael Hiltzik, Los Angeles Times, 13 Aug. 2024
• To pay for it, the state instituted a new payroll tax of 0.44%.
  — Tribune News Service, The Mercury News, 13 July 2024
• This brings the total Medicare payroll tax rate paid by these households to 3.8%.
  — Medora Lee, USA TODAY, 9 Mar. 2023
• One way the city has proposed making up the gap is with a payroll tax passed in 2020, which targets the city’s largest companies.
  — Rachel Lerman, Anchorage Daily News, 9 Apr. 2023
• Oregon’s program is funded by a payroll tax of 1% on gross wages.
  — oregonlive, 7 Sep. 2023
• Factor that in, and their effective payroll tax rate is about 1%.
  — Michael Hiltzik, Los Angeles Times, 7 Mar. 2023
• As a fraction of the total amount of money collected through the payroll tax, the funding gap is about 3.5 percent.
  — Jeff Sommer, New York Times, 31 May 2024
• The payroll tax should apply to all work income, period.
  — Gerald Scorse, New York Daily News, 9 Feb. 2024
• Biden would increase the top rate of the Medicare payroll tax and the net investment income tax to 5% for those high-income taxpayers.
  — Maureen Groppe, USA TODAY, 31 Mar. 2023
• Raising the retirement age, expanding the payroll tax: what are the options?
  — Sarah Elbeshbishi, USA TODAY, 19 Feb. 2023
• If scrapping the payroll tax is too much of a political challenge, then second best would be to keep the payroll tax and eliminate the cap.
  — Timothy Noah, The New Republic, 27 Feb. 2023
• Workers bore the burden of the payroll tax increases and higher-income retirees bore the burden of the tax on benefits.
  — Andrew Rettenmaier, The Conversation, 1 June 2023
• Washington state's first-in-the-nation long-term care payroll tax will go into effect on July 1.
  — Eden Villalovas, Washington Examiner, 29 June 2023
• The largest cut, which would yield about two-thirds of the total pledged relief, involves reducing an existing state payroll tax from 0.5% to 0.4% of a worker’s gross earnings.
  — Keith M. Phaneuf, Hartford Courant, 2 Feb. 2024
• Another option is to raise the payroll tax rate slightly, which could also cover some of the solvency issues.
  — Aimee Picchi, CBS News, 5 May 2023
• At the time, state regulators said the payroll tax could eventually rise to 0.88%, a figure often cited by opponents of the tax.
  — Brian Schwartz, CNBC, 13 Aug. 2024
• The ruling erased the 1.5 percent payroll tax for companies that moved into certain Mid-Market buildings.
  — Lauren Goode, WIRED, 5 Aug. 2024
• Cutting another 2 percentage points off the main rate of national insurance — a payroll tax, and Hunt’s preferred next step — would cost about £9 billion.
  — Joe Mayes, Fortune Europe, 20 May 2024
• Thirty-year tax The current version of the bill would allow MTC to place on the ballot a sales tax, payroll tax, property tax or vehicle registration surcharge lasting up to 30 years.
  — Daniel Borenstein, The Mercury News, 25 May 2024
• Trump does not have the authority to end the payroll tax, and the former president also has a history of opposing student loan forgiveness.
  — Hannah Hudnall, USA TODAY, 5 Jan. 2024
• Indeed, the program today faces important funding problems, many of them traceable to Roosevelt’s insistence on a payroll tax.
  — Joseph Thorndike, Forbes, 26 Feb. 2024
• Social Security offers a good model for these programs: People would pay into a fund during their working years through a payroll tax.
  — Marc Cohen, The Conversation, 30 Apr. 2024
• Hochul’s two plans to date to generate an alternative funding source — an increase in New York City’s payroll tax and a one-time payment of $1 billion out of the state’s general fund — were shot down by lawmakers in Albany.
  — Evan Simko-Bednarski, New York Daily News, 18 June 2024
• Medicare’s go-broke date for its hospital insurance trust fund was pushed back five years to 2036 in the latest report, thanks in part to higher payroll tax income and lower-than-projected expenses from last year.
  — Fatima Hussein, Fortune, 7 May 2024
• Social Security is funded by a payroll tax of 12.4% on wages split equally between workers and employers.
  — Andrew Rettenmaier, The Conversation, 1 June 2023
• To boost Social Security funds, a simple change without change to the benefit structure would require the payroll tax deduction to also be applied for all wages above $1 million.
  — Letters To The Editor, The Mercury News, 14 May 2024
• The real reason that Social Security may need more funding is that wealthier Americans aren’t paying their fair share of the payroll tax that funds most benefits.
  — Michael Hiltzik, Los Angeles Times, 20 July 2023
• This quarterly payroll tax will be collected under the new rate beginning in October.
  — Gregory S. Schneider, Washington Post, 28 June 2024
• LendingTree would have received up to $8.3 million in future payroll tax benefits if hiring and investment commitments were met.
  — Chase Jordan, Charlotte Observer, 30 May 2024
• Meanwhile, Medicare's go-broke date for its hospital insurance trust fund was pushed back five years to 2036 in the latest report, thanks in part to higher payroll tax income and lower-than-projected expenses.
  — Aimee Picchi, CBS News, 6 May 2024

Last Updated: 26 Oct 2024