Tag: auto adjustment

Closed up shot of TAX minus / plus buttons with text TAX RATE on calculator with background of blurred US Dollar banknotes

Where is gridlock when we need it?  Republicans and Democrats both support extending the payroll tax cut that is due to expire at the end of the year, though they have yet to agree on the details.  Fortunately, the likely compromise only extends the cut in the employee tax rate from 6.2 percent to 4.2…