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 ...
The FICA, i.e., payroll tax that primarily finances progressive Social Security benefits is perhaps the most regressive tax foisted upon U.S. citizens. Aside from the relatively small Medicare portion ...
Lawmakers averted the fiscal cliff by raising income taxes on the wealthy, but in this deal everyone's taking a hit. That's because Social Security payroll taxes are going up for all American workers.
House Republicans have proposed a payroll tax bill that, among several items, would temporarily circumvent the scheduled 27.4 percent Medicare payment cut for physicians, according to a New York Times ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. WASHINGTON — The Social Security payroll tax cut should be allowed to expire at the end of this year and lawmakers should turn ...
While U.S. Sen. Ben Nelson, D-Neb., hasn't said whether he would support a bill passed by the House that would extend the payroll tax cut, he is not a fan of the myriad attachments added to the bill.
The national legislation passed in the early hours of New Year's Day changed tax regulations and thus affected employees' personal income taxes and paychecks. Changes include general income tax rates ...