Give everyone a raise through payroll tax cuts

Source: Foundation for Economic Education
by James Capretta

“Republicans are just getting started with their effort to reform individual and corporate taxes, but already it is possible to see warning signs ahead. Opponents of reform say the effort will mainly benefit high-income households, who don’t need the help. They ignore the effect lower marginal rates will have on economic growth and job creation. Tax reform could falter if the public perceives it as a giveaway to the rich. Republicans can partially blunt the effectiveness of these attacks by including in their plan a reduction in payroll tax rates, which would directly help the middle class.” (09/29/17)

https://fee.org/articles/give-everyone-a-raise-through-payroll-tax-cuts/