The Institute on Taxation and Economic Policy, a left-of-center nonpartisan tax policy organization, found that Obama’s payroll tax cut didn’t benefit the lower and middle class very well. The study showed that the portion of the payroll tax cut that went to the richest 20% of households was 47% in 2011 and 46% in 2012. Read more
March 12, 2020
Washington Examiner: In cutting payroll taxes to spur the economy, Trump would be following in Obama’s footsteps
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