Examlex
Why was President Johnson reluctant to request a tax increase to pay for the Vietnam War?
Payroll Tax
Fees assessed on employers and their employees, calculated frequently as a fraction of the salaries employees earn.
Labor Market
A marketplace in which employers find workers and workers find jobs, governed by the supply and demand for labor.
Payroll Tax
Exactions applied to employers or their staff members, often a percentage of the earnings paid out to the workforce.
Labor Supply
The total hours that workers are willing and able to work at a given wage rate, within an economy.
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