News
Bloomberg | Payroll Executives Complain About Lawmakers' Penchant for Brief Fixes
The battle over extending a payroll-tax holiday is creating headaches for businesses, and highlights Washington's growing penchant for short-term fixes in tax policy.
Fox News | Understanding Congress' payroll tax cut fight
If President Barack Obama, the House and the Senate all want to extend a Social Security payroll tax cut and jobless benefits through next year, why are they fighting so bitterly over doing it?
Blogs
Forbes | Don't Extend The Ill-Conceived, Evil Payroll Tax Cut
That this temporary cut in the Social Security payroll tax enjoyed bipartisan support a year ago shows the extent to which the Keynesian Superstition pervades both of our political parties. Members on both sides of the aisle bought into the fantasy that “putting money into people’s pockets” would increase demand. It didn’t. Economic growth slowed markedly at the exact moment that the payroll tax cut was enacted.
