Business guru blogs about the latest in green biz.
Watch: Obama on the payroll tax cut
President Obama's weekly address focused on the soon-to expire payroll tax cut.
Mon, Dec 05, 2011 at 02:00 PM
President Obama focused on the soon-to-expire payroll tax cut during this week’s presidential address. The payroll tax cut
implemented last year is scheduled to expire at the end of the month and unless it is extended, millions of Americans will pay more in taxes in 2012 than they did in 2011. The two percent payroll tax break provided the average middle class family with an additional $1,000 this year. Unless Congress acts, taxes will go up and families will have to say goodbye to this extra bit of cash next year.
The opinions expressed by MNN Bloggers and those providing comments are theirs alone, and do not reflect the opinions of MNN.com. While we have reviewed their content to make sure it complies with our Terms and Conditions, MNN is not responsible for the accuracy of any of their information.