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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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