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Thursday, December 8, 2011

Taxes

News                                                                                                                             
Fox News | Analyst: Ditch Payroll Tax Cut, Bring Back Stimulus Credit
Williams argued at the time that the tax-cut swap would end up hurting the working poor, claiming the stimulus credit was more valuable for them than the payroll provision.
WSJ | Social Security New Front in Tax Fight
Bipartisan concerns that extending the payroll-tax cut would weaken Social Security are spilling into the open, complicating the effort to allow the tax break for workers to continue into 2012.

Econ Comments                                                                                                             
Washington Times | TYRRELL: Republicans losing the tax debate
There is a way for Republicans to win the tax debate. They should say that all Americans know better how to invest and spend their money than the federal government.
CNN Money | Payroll tax cut: What about Social Security?
In all the talk about whether to extend the Social Security payroll tax cut, a lot of the focus is on the economy: Will the recovery suffer if Congress lets it lapse?