payroll tax cut

Government Payments Will Help Families But May Not Boost The Coronavirus Economy Much

Democrats and Republicans seem to be reaching a growing consensus that one way the federal government can respond to the coronavirus pandemic is to send...

March 18, 2020Howard Gleckman

Federal Budget and Economy: TaxVox

Why Does Congress Pay For Some Tax Cuts and Not Others?

Can somebody explain to me why the House agreed last week to restore 50+ tax subsidies without paying for them (and thus adding $42 billion to the deficit) and 10 minutes later approved a new tax subsidy that it insisted on paying for? It can’t be the merits of the recipients. By now, TaxVox

December 9, 2014Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Why the Senate’s Tax Bill is No Way Out of the Fiscal Impasse

With fiscal cliff talks seemingly stalled (at least today) , there has been growing talk that House Republicans would call President Obama’s bluff and simply...

December 14, 2012Howard Gleckman

Federal Budget and Economy: TaxVox

Will the Payroll Tax Cut Fall Silently Off the Cliff?

If a tax cut is scheduled to expire, but the focus of the debate is elsewhere, will people notice? Will the average family be surprised...

November 30, 2012Elaine Maag

Federal Budget and Economy: TaxVox

Just How Big is the Payroll Tax Cut?

The 2-percentage-point payroll tax cut extended by Congress in December and again last week will save workers a total of $114 billion this year, according...

February 20, 2012Roberton C. Williams

Federal Budget and Economy: TaxVox

Congress Figures Out How to Finance a Payroll Tax Cut: Borrow the Money

It looks like Congress is about to assume its default position: In the face of an intractable partisan dispute over how to pay for a...

February 15, 2012Howard Gleckman

Individual Taxes: TaxVox

Congress Is Back, and So Are Its Battles Over Tax and Budget Policy

The least popular Congress in memory is back. I, personally, am thrilled. After a year in which lawmakers did almost nothing besides (barely) keeping the...

January 17, 2012Howard Gleckman

Federal Budget and Economy: TaxVox

Note to the Rich: Don’t Spend All of Your Payroll Tax Cut Yet

After much anguish, Congress finally extended this year’s payroll tax cut for two more months. The final bill passed in nearly empty chambers a couple...

December 28, 2011Roberton C. Williams

Federal Budget and Economy: TaxVox

A Two-Month Payroll Tax Cut is Dumb, So Is How Congress Got There

House Republicans are right about one thing at least: Extending this year’s payroll tax cut for two months is ridiculous. The trouble is they are...

December 20, 2011Howard Gleckman

Federal Budget and Economy: TaxVox

The 16-Percent Solution—Hard on the Rich

The fate of The Temporary Payroll Tax Cut Continuation Act of 2011 remains uncertain. But thanks to a carefully crafted technical change to the current...

December 19, 2011Roberton C. Williams