Payroll tax holiday under discussion


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Obama, Democrats Reshape Tax Relief Measures in Stimulus Package

by Katherine Skiba

Jan 13 (US News) — Senate Minority Leader Mitch McConnell of Kentucky said an idea that emerged during the GOP senators’ lunch today was a two-year suspension of the payroll tax. “It would put a lot of money back in the hands of businesses and in the hands of individuals,” McConnell said. “Republicans, generally speaking, from Maine to Mississippi, like tax relief.”


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