payroll tax - definition. What is payroll tax
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Payroll tax         
  • Payroll taxes]] were among the most regressive in 2010.
  • Median household income and taxes
  • Payroll tax rates history
TYPE OF TAX
Payroll taxes; Payroll taxes in the United States; Payroll Tax; Salary tax; Employment tax
Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees. By law, some payroll taxes are the responsibility of the employee and others fall on the employer, but almost all economists agree that the true economic incidence of a payroll tax is unaffected by this distinction, and falls largely or entirely on workers in the form of lower wages.
Income tax in Australia         
OVERVIEW ABOUT THE INCOME TAX IN AUSTRALIA
Income tax (Australia); Australian income tax; Payroll tax in Queensland
Income tax in Australia is imposed by the federal government on the taxable income of individuals and corporations. State governments have not imposed income taxes since World War II.
Federal Insurance Contributions Act         
  • effective payroll tax rate]] based on private simulations for different income groups. Effective tax rate equals the payroll taxes paid divided by total income. Total income includes traditional measures of income, imputed undistributed corporate profits, nontaxable employee benefits, income of retirees, and nontaxable income. Payroll taxes include employee and employer FICA.<ref>[http://www.taxpolicycenter.org/numbers/displayatab.cfm?DocID=2980 Table T11-0099, Effective Federal Tax Rates Under Current Law, By Total Income Percentile, 2010, Tax Policy Center.]</ref>
  • Payroll and income tax by country
  • Payroll tax rates history
  • Share of federal revenue from different tax sources. Individual income taxes (blue), payroll taxes/FICA (green), corporate income taxes (red).<ref>[http://www.jct.gov/publications.html?func=startdown&id=4363 JCX-49-11, Joint Committee on Taxation, September 22, 2011, pp 4, 50.]</ref>
  • Taxes revenue by source chart history
PAYROLL TAX TO FUND SOCIAL SECURITY IN THE USA
FICA; FICA tax; Social Security Tax; Payroll tax in the United States; Federal Insurance Contributions Act tax; Federal insurance contributions act tax; Social Security tax; FICA taxes; Social Security payroll tax; Self Employment Contributions Act; Self-Employment Contributions Act
The Federal Insurance Contributions Act (FICA ) is a United States federal payroll (or employment) contribution directed towards both employees and employers to fund Social Security and Medicare—federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.
أمثلة من مجموعة نصية لـ٪ 1
1. Politicians generally are ignorant about the payroll tax.
2. Now, payroll tax is applied to income up to $102,000.
3. Obama: Would raise payroll tax on wealthiest by applying it to portion of income over $250,000.
4. The payroll tax, which is both anti–work and anti–poor?
5. Even Republican advocates of cutting the payroll tax talk about offsetting it with reduced future benefits.