wage tax
Income levy payment
A wage tax is a tax levied on earned income—money received for work rather than from investments, inheritance, or other sources.
Some municipalities impose local wage taxes on workers regardless of where they live: Philadelphia's wage tax applies to everyone who works in the city.
The term sometimes overlaps with payroll tax or income tax depending on jurisdiction.
- salaryFixed periodic employment payment
- W-2 formEmployer-issued income summary
- disposable incomeEarnings minus essential costs
- exemptionsReleases from obligation
- fiscal policyState spending and taxation
net income · pay stub · gross income · deductions · compliance · paycheck · FICA · benefits · employer contributions · cost of living · payroll deductions · filing requirements · overtime pay · social security contributions · inflation · public expenditure · penalties · national budget
wage taxproperty tax
Levy on owned land
sales tax · capital gains tax · wealth tax · estate tax · excise tax
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