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
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Looney said lawmakers could also look at a public long-term care insurance program similar to what Washington state recently created with a payroll tax. Jenna Carlesso, Hartford Courant, 1 Feb. 2025 The program is financed by a payroll tax paid by employers and employees. Elaine Mallon, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 1 Jan. 2025 His plan would also let parents use the CTC to offset their payroll tax liability along with receiving the credit as regular installments throughout the year, as opposed to in a lump sum during the tax season. Tobias Burns, The Hill, 23 Dec. 2024 Harris may also be alluding to the idea of extending the Social Security payroll tax to higher incomes, according to an analysis by Bankrate, the personal finance site. Daniel De Visé, USA TODAY, 21 Sep. 2024 See All Example Sentences for payroll tax

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“Payroll tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payroll%20tax. Accessed 4 Mar. 2025.

Legal Definition

payroll tax

noun
pay·​roll tax
: a tax that is levied as a percentage of an employee's pay and is usually paid by the employer
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