Washington, DC–(ENEWSPF)–December 9, 2011.
Payroll Tax Cut, “Doc Fix” Likely to be Rolled into One Catch-All Package
Elected officials are discussing several competing plans to cut the payroll tax that is used to fund the Social Security Trust Fund. The employee share of the tax is scheduled to go back to 6.2% on January 1, from a current rate of 4.2%, if no legislation is passed, and President Obama wants to lower the tax to…
