8/26/11

GOP tax cut hypocrisy - not if it helps the poor

For Some in G.O.P., a Tax Cut Not Worth Embracing - NYTimes.com: "That tax cut — which reduces workers’ contributions to Social Security this year to 4.2 percent of wages, from 6.2 percent — expires in December. The White House would like to extend it for another year. But Republicans in Congress are balking, arguing that such a cut adds needlessly to the nation’s budget deficit, and should be replaced with an overhaul of tax policy instead."

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