Workers Spent More of Payroll Tax Cut Than They Intended
From Real Time Economics
January 29, 2013 - 2:14pm
Economists find lowering the withholding rate -- the method used in the Obama Administration’s 2011 and 2012 payroll-tax cuts -- led U.S. workers to spend a bigger chunk of their extra income -- and more than they intended to.
January 29, 2013 - 2:14pm
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