Which of the following is an example of a payroll tax?
A)A tax on the wages that a firm pays its workers
B)An excise tax on distilled alcohol
C)A tax on corporate profits
D)The portion of federal income taxes earmarked to pay for national defense

Question

Quizplus · Accepted Answer

Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff. Choice A, a tax on the wages that a firm pays its workers, directly fits this description.

Which of the Following Is an Example of a Payroll