Payroll tax cut worries Social Security advocates - Yahoo! NewsSocial Security is funded by a 6.2 percent payroll tax on the first $106,800 earned by a worker. The tax is matched by employers. The package negotiated by Obama would reduce the tax paid by workers to 4.2 percent for 2011
Questions for liberals and/or supporters of The Obama:
-Do you believe that this 2% increase in take home pay will have a measureable, positive effect on the economy?
-Do you believe that this 2% increase in take-home pay is, in real terms, a significant benefit to whom it applies?
Please be sure to explain your responses.
Last edited: