employment tax - meaning and definition. What is employment tax
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What (who) is employment tax - definition

TYPE OF TAX
Payroll taxes; Payroll taxes in the United States; Payroll Tax; Salary tax; Employment tax
  • Payroll taxes]] were among the most regressive in 2010.
  • Median household income and taxes
  • Payroll and [[income tax]] by OECD Country
  • Payroll tax rates history

Payroll 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.
Effect of taxes on employment         
  • accessdate=2013-12-18}}</ref> and employees.
Draft:Effect of taxes on employment; Taxes and employment; Taxation and employment; Effect of taxation on employment; Effect of taxes on jobs; Taxation and jobs
The effect of taxes on employment is a hotly debated economic and political issue. Some commentators claim that higher taxes lead to lower employment, by reducing the availability of capital to be invested in job-creating enterprises, or by reducing the amount of money available for consumers to use to purchase goods and services, thereby causing a loss of business for purveyors of those goods and services.
Federal Insurance Contributions Act tax         
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.

Wikipedia

Payroll 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. Because payroll taxes fall exclusively on wages and not on returns to financial or physical investments, payroll taxes may contribute to underinvestment in human capital, such as higher education.

Examples of use of employment tax
1. The first was the selective employment tax, introduced in 1'66.
2. He abolished purchase tax and the selective employment tax, and replaced them with value added tax.
3. A civil servant had announced that the Cabinet had concluded that the new, controversial selective employment tax had failed.
4. That is another step towards national insurance becoming purely an employment tax rather than a contributory system.
5. She reported household employment tax payments of $24,162, indicating a staff of household help earning nearly $170,000.