Tag: payroll tax
I would argue for moderation. I usually have a strong opinion on issues in my sphere, but have been going back and forth about one component likely to be in any package to fix Social Security – namely, increasing the taxable wage base. Some increase in the wage base is almost inevitable because growing wag…
Can Congress overturn it? With all the other things in the news, it is easy to overlook the fact that the President’s proposal to defer Social Security payroll tax payments went into effect on September 1. Specifically, employers can stop withholding the 6.2-percent employee share of the Social Security tax through the end of t…
