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View Diary: Why the Payroll Tax Cut is No Threat to Social Security (177 comments)

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  •  Excellent point on the employer side of the cut (1+ / 0-)
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    irmaly

    Something that occurs to me is a 2% temporary cut of total wages taxed sounds most modest and benign. On the other hand, when the time comes for this cut to expire, the rate will go from 4.2% to 6.2%. Does anyone want to bet this will not be portrayed as 48% Tax Increase in an election year?

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