Wage Tax

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.
References in periodicals archive ?
In the model developed in this article, I examine the effects of three important policies-unemployment benefits, start-up cost subsidy, and wage tax.
In the segment, Cruz asked Dewhurst if he ever supported a "statewide wage tax, a payroll tax.
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.
Corporate Commons One & Two are located in a 100-acre setting 11 miles from Manhattan and included in the NY State Empire Development Zone which offers incentives, benefits and wage tax credits to tenants.
Last Saturday 100,000 people took to the streets of Dublin to oppose the controversial wage tax.
Employers who pay military personnel on active duty the difference between military pay rate and normal pay receive a 20 percent differential wage tax credit on the first $20,000 in differential wages paid.
rules, the movement of the wage tax to the household level may make it
issues discussed in our article, the wage tax is, therefore, superior
These cuts would be phased in incrementally through fiscal year 2014 to reach a wage tax rate of 3.
The United States Independent Film and Television Production Incentive Act of 2001 would give producers and other industry employers a wage tax credit of 25 percent for the first $25,000 earned by an employee.
These local wage tax liabilities are independent of state personal income tax and are frequently at a higher rate than that tax.
9 percent, for cities with the authority to collect an income or wage tax it was 15.