Monday, November 28, 2011

GOP Sen. Kyl Pushes Raising Payroll Taxes On Middle Class But Refuses To Raise Taxes On Millionaires

GOP Sen. Kyl Pushes Raising Payroll Taxes On Middle Class But Refuses To Raise Taxes On Millionaires: pIn a clear display of misplaced priorities, congressional fiscal super committee member Sen. Jon Kyl (R-AZ) entirely dismissed the idea of extending the payroll tax cut for middle class families yesterday, even though failure to do so “would reduce GDP growth by 0.5 percent and cost the economy 400,000 jobs.” “The payroll tax holiday has [...]/p