A tax levied on the amount of a payroll or on the amount of an employee's gross pay is a(n)
A) Federal program
B) Excess profits tax
C) Employer tax
D) Payroll tax
E) Employee tax

Question

Quizplus · Accepted Answer

A tax levied on the amount of a payroll or on the amount of an employee's gross pay is called a payroll tax. It is typically paid by the employer, but it is deducted from the employee's paycheck. Examples of payroll taxes include Social Security tax, Medicare tax, and unemployment tax.

A Tax Levied on the Amount of a Payroll or on the Amount