The WSJ is right. Nothing good could possibly come from refusing to pass the extension.
Tell that to the payroll processors whose systems are designed to handle different tax rates within the same fiscal quarter.
The payroll tax cuts are NOT the way to go about relieving the tax burden on the middle class, or anyone else.
It robs from SS payments without making the necessary cuts to SS.
And two months is a joke.
Good luck reprogramming all the payroll systems to accomodate this stupidity.
The WSJ is right. Nothing good could possibly come from refusing to pass the extension.
Why. So the Democrats can do this every two months until the election? Talk about shooting yourself in the foot.
Yup. Hard to understand how people don't see how badly the politics of this is working against House Republicans. They are out on a limb with nowhere to go - and now if the payroll tax cut expires it will be blamed squarely on House Republicans. Boehner obviously thought the deal with Reid and McConnell that included Keystone would be enough to win over House Republicans. He was either wrong, or House Republicans balked under constituent pressure. Either way, it is obvious the House GOP is going to have to cave. Amazing how we turned a perceived win (getting Keystone included and removing millionaire surtax) into a giant freaking PR disaster.
“The WSJ is right. Nothing good could possibly come from refusing to pass the extension.”
The WSJ is wrong. Nothing bad could possibly come from refusing to pass the extension.