Page 2 - 19 24 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Continuing the holiday or the tax cut on the payroll tax? >> well, chris, i think there are two things here at play. first of all, politically speaking, at the end of december or before everyone goes home for the holidays, i think you'll have an extension of the payroll tax holiday. what we're talking about, really, is a matter of politics rather than a matter of substance. the substance of the matter is, republicans are very much against raising taxes, particularly in a weak economy. for all the reasons that you just outlined, you don't want to hurt those who are helping to create jobs in the...

Have an extension of the payroll tax holiday. what we're talking about, really, is a matter of politics rather than a matter of substance. the substance of the matter is, republicans are very much against raising taxes, particularly in a weak economy. for all the reasons that you just outlined, you don't want to hurt those who are helping to create jobs in the united states. what we have here, though, is an entirely different issue. you have a payroll tax holiday. last year, the congress and the president came out with an agreement that said, we are going to divert 2% of the money that you wou...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.