Lawmakers averted the fiscal cliff by raising income taxes on the wealthy, but in this deal everyone's taking a hit. That's because Social Security payroll taxes are going up for all American workers.
President Donald Trump’s proposed payroll tax cut is a threat to Social Security no matter how he casts it. During a news conference Wednesday, he insisted he could eliminate the tax if he were ...
SAN ANTONIO — Buster Posey almost never took batting practice on the field in the waning years of his career. As a starting catcher whose bat was too important to afford many days off, he learned the ...
House Republicans have proposed a payroll tax bill that, among several items, would temporarily circumvent the scheduled 27.4 percent Medicare payment cut for physicians, according to a New York Times ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (The Hill) – The Trump administration is ...
The FICA, i.e., payroll tax that primarily finances progressive Social Security benefits is perhaps the most regressive tax foisted upon U.S. citizens. Aside from the relatively small Medicare portion ...
WASHINGTON — The Senate rejected dueling Democratic and Republican plans for extending the Social Security payroll tax on Thursday as partisan skirmishing continued over a cornerstone of President ...
Most of the newsprint and airtime devoted to extending the payroll tax reduction is wasted, at least on the employers who are said to be eager to hire gobs of new workers if only they were sure the ...