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Who was behind payroll tax cut?

Posted on 2011-02-14
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Last Modified: 2012-05-11
Who was behind payroll tax cut?
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Question by:bergertime
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6 Comments
 
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Expert Comment

by:Tiras25
ID: 34910473
was it Obama?
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Author Comment

by:bergertime
ID: 34910505
I don't know, but I don't think so.  It usually seems it's a congressperson that proposes these things.  We were discussing it as we were applying the new tax tables at work, but none of us could come up with it via google.  I figured someone here might know.  
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LVL 17

Expert Comment

by:Tiras25
ID: 34911011
It's a little smoke and mirrors.

They took away making work pay and gave us a 2% FICA cut.  If you make more than 20K a year in SS earnings, you're better off.

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Tiras25 earned 100 total points
ID: 34911085
In this case, the proposal originated from the White House and was written into the tax legislation that was approved by the Congress.

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Assisted Solution

by:dhsindy
dhsindy earned 100 total points
ID: 34921816
That democratic representative from Minnesota that got defeated in the last election started it - Rep. James Oberstar.
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Expert Comment

by:dhsindy
ID: 34930425
And, it has been through several changes since then.
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