Payroll tax, Microeconomics

Q. What do you meant by Payroll Tax?

Payroll Tax:A tax which is levied on current employment or payrolls (collected either as a fixed amount per employee or as a percentage of total salaries and wages paid). Payroll taxes are most generally used to finance employment-related social programs, like pension or unemployment insurance programs.

Posted Date: 8/26/2013 4:01:10 AM | Location : United States







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