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Wage Tax
(redirected from Wage Taxes)

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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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[ILLUSTRATION OMITTED] States may try to shore up their funds by increasing the wage taxes paid by employers, or by reducing the level of unemployment benefits to jobless residents.
Debt mounts for state unemployment trust funds by Deschenaux, Joanne / HRMagazine
9 million - will be used to reduce the city's wage taxes instead of property taxes, since the wage tax is the greater barrier to economic growth in that city.
Pennsylvania Budget Secretary Certifies $772.5 Million for Statewide ... by PR Newswire
This paper makes the general point that conclusions about the magnitudes of optimal wage taxes should take into account the effect of the taxes on the number of taxpaying workers.
Optimal wage taxation when human capital and employment are endogenous by Kreider, Brent / Economic Inquiry
 
 
 
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