net wages

It’s written as a deferral in order to bolster the president’s claim to legitimacy here, but pretty clearly Trump is hoping employers will treat it like a tax holiday and boost employee net wages now.

Weisel had submitted forms to the program adding up to lost net wages of about $4,800.

Mr. Kalfakis, the mechanic, said his net wages were reduced in 2012 to €1,100 a month from €1,800, even as his three fellow mechanics were laid off.

In such cases, governments may wish to intervene with measures such as minimum wages that are “above market” or so-called tax-and-transfer programs that raise after-tax net wages relative to pre-tax gross wages, such as the Earned Income Tax Credit.

That is driving down the net wages and incomes of middle class and working people, and increasing inequality as a result.