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
That’s why an increase in the early retirement age should be paired with a 2.5% payroll tax increase on earnings about $250,000.
—
Allison Schrager, Boston Herald, 25 May 2025
Social Security is financed by a payroll tax paid by employers and employees.
—Ross O'Keefe, The Washington Examiner, 25 May 2025
Without Congress raising the payroll tax or other fiscal medicine, Social Security will have to reduce benefits in a decade.
—Sun Sentinel Editorial Board, Sun Sentinel, 17 May 2025
The math is simple—as more Americans get back to work, higher employment equals higher payroll tax receipts which Medicare and Social Security depend on.
—Paul Du Quenoy, MSNBC Newsweek, 16 May 2025
See All Example Sentences for payroll tax
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Allison Schrager, Boston Herald, 25 May 2025
Social Security is financed by a payroll tax paid by employers and employees.
—Ross O'Keefe, The Washington Examiner, 25 May 2025
Without Congress raising the payroll tax or other fiscal medicine, Social Security will have to reduce benefits in a decade.
—Sun Sentinel Editorial Board, Sun Sentinel, 17 May 2025
The math is simple—as more Americans get back to work, higher employment equals higher payroll tax receipts which Medicare and Social Security depend on.
—Paul Du Quenoy, MSNBC Newsweek, 16 May 2025
See All Example Sentences for payroll tax
Cite this Entry
“Payroll tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payroll%20tax. Accessed 5 Jun. 2025.
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