Friday, February 17, 2012

A big tax present for 160 million wage-earners (AP)

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House Budget Committee Chairman Rep. Paul Ryan, R-Wis., left, and Rep. Jeb Hensarling, R-Texas walk to the House floor on Capitol Hill in Washington, Friday, Feb. 17, 2012, for the final vote on the payroll tax cut extension.  (AP Photo/J. Scott Applewhite)AP - Americans are getting an election-year tax present. Congress voted with rare speed and cooperation Friday to extend a Social Security payroll tax cut for 160 million workers and to renew unemployment benefits for millions more who haven't seen a paycheck in six months.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20120218/ap_on_go_co/us_payroll_tax

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