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Wage Tax

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Wage Tax
1. Any tax deducted from one's paycheck automatically. Most income taxes for employees come from wage taxes. See also: FICA.

2. A local tax on one's wage or salary directly. For example, a township may elect to take $50 from every $1,500 one makes in wages or salary in that township.


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9 million in the coming year - will be used to reduce the city's wage tax instead of its property tax, since the wage tax is the greater barrier to economic growth in that city.
Last Saturday 100,000 people took to the streets of Dublin to oppose the controversial wage tax.
This paper studies how optimal wage tax conclusions from the classic two-period life cycle model of human capital accumulation are affected by endogenizing the number of taxpaying workers.
 
 
 
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