Latest News

The Case Against a Payroll Tax Cut

As we pointed out in our March 18 headline post, the idea of a payroll tax reduction or the complete elimination of the payroll tax for a period of time could have serious consequences for a program already in the throes of a dilemma. While the hole could be filled later, it’s likely that the “solution” would require additional taxation at some point, creating a burden on workers in the future. The Motley Fool’s Sean Williams, in a post on their website, acknowledges the shortcomings of the payroll tax cessation idea, calling it a “gut punch” and noting that ” … the impact it would have on Social Security’s longer-term outlook would be nothing short of devastating.” Read his remarks here…


Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers