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Reinstating the 2 percent reduction and removing the cap on America’s payroll tax will also increase tax revenues, thus reduce budget deficits.
WASHINGTON — Most Americans want Congress to vote to continue the payroll tax reduction, according to a new Associated Press-GfK poll that comes as Democrats and Republicans wrestle over whether ...
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Soy Aire on MSNTrump’s OBBBA: Accelerating Social Security's Financial Strain
The Social Security Trust Fund, a pillar of American retirement security, faces accelerated depletion under Trump’s One Big ...
Because the new fiscal-cliff legislation does not extend the payroll tax reduction again, that holiday has ended. How much is the payroll tax going up, and who will be impacted?
Most of the newsprint and airtime devoted to extending the payroll tax reduction is wasted, at least on the employers who are said to be eager to hire gobs of new workers if only they were sure ...
The 2 percentage point reduction in the 6.2 percent payroll tax, first enacted last year, had been a major element of President Barack Obama's proposals to rejuvenate the economy.
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