The payroll tax back and forth: what those numbers mean for you

December 20, 2011 - 10:42 AM
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It's the holiday season and this year, it looks like the American public wants to give Congress a piece of their minds as a gift. With their 11% approval rating, it seems lawmakers may be getting coal in their stockings. Some say that's exactly what they deserve after getting to the wire regarding the payroll tax cut. It runs out at the end of the month and even though the Senate has passed a bipartisan two-month extension, some House Republicans have said they won't vote on it. George Whitehouse, from the Payroll Network, explains what the tax cut means for employers and the Average Joe.

 

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