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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: payroll taxes

payroll taxes stories: 8 news summaries

Tax Breaks for New Jobs
Gain Bipartisan Support

But some dismiss move as 'corporate welfare'

Oct 7, 09 7:46 AM CDT
(Newser) - Support is building in Washington for the idea of giving companies tax breaks when they hire new workers. President Obama’s economic team has been exploring the possibility for weeks, and lawmakers on both sides of the aisle like the idea of helping unemployed constituents. “There’s a lot... More »

MORE ABOUT:
unemployment • Robert Reich • tax breaks • corporate tax cuts • Obama administration • payroll taxes • Eric Cantor

(Newser) - Years of tax and budget cuts have left the nation's unemployment system badly weakened just as it's most needed, the New York Times reports. At least a million applications are still stuck in the system and many applicants have to wait months for their first check. Sixteen states have... More »

MORE ABOUT:
recession • unemployment • unemployment benefits • benefits • payroll taxes

ANALYSIS

 Social Security Suffers 
 as Execs' Pay Soars 

Top-paid workers get a third of total US pay

Jul 21, 09 9:32 AM CDT
(Newser) - Executives and other employees earning top dollar pull in more than a third of all US pay, the Wall Street Journal finds—and the ceiling on compensation subject to payroll taxes hasn’t risen enough accordingly, meaning the government isn’t bringing in what’s needed to plug ever-growing holes... More »

MORE ABOUT:
executive compensation • Social Security • financial sector • financial institutions • executives • payroll taxes • taxation

Cash-Strapped States Raise Taxes as Revenue Declines

At least 10 states face substantial budget gaps

Apr 9, 09 7:31 AM CDT
(Newser) - A precipitous decline in tax revenue has at least 10 states considering major increases in sales or income taxes to close budget gaps that in some cases run into the billions, the Wall Street Journal reports. States like Oregon, facing a $4.4 billion budget gap and 10.8% unemployment,... More »

MORE ABOUT:
California • taxes • income tax • Arizona • New York • Oregon • unemployment • tax revenue • budget gap • state sales tax • payroll taxes • state budgets

ANALYSIS

Geithner's Nomination Is Unlikely to Fail

Taxes, schmaxes: Senate wants to know
if he can fix economy

Jan 21, 09 8:44 AM CST
(Newser) - The herculean task awaiting Timothy Geithner is so critical to the nation that a niggling detail like unpaid taxes is unlikely to derail his bid to head up the Treasury Department, writes Deborah Solomon in the Wall Street Journal. While senators will likely press Geithner about his missteps during his... More »

MORE ABOUT:
Olympia Snowe • Senate Finance Committee • Senate confirmation hearings • Obama administration • payroll taxes • Treasury secretary • Timothy Geithner • TARP

OPINION

Raise Gas Tax, But Reduce Payroll Tax

Drivers don't lose, government doesn't gain: Krauthammer

Jan 9, 09 4:53 PM CST
(Newser) - Raising the tax on gasoline makes sense for all kinds for reasons, writes Charles Krauthammer in the Weekly Standard, but it amounts to political suicide. His solution? Jack up the gas tax by $1 but reduce the payroll tax by $14 a week. Consumers don't lose money, and the government... More »

MORE ABOUT:
fuel economy • gas tax • payroll taxes

OPINION

Forget That Stimulus Bill:
5 Things Obama Should Fix

Obama shouldn't rely on a stimulus package for a cure-all

Dec 10, 08 5:53 PM CST
(Newser) - Barack Obama and his team are devoting much effort to a proposed stimulus package for 2009, but that is simply a superficial fix, writes James K. Galbraith in Mother Jones. “The effect ends when the stimulus does, when the sugar shock wears off,” says Galbraith, who suggests five... More »

MORE ABOUT:
Barack Obama • foreclosure • housing • Social Security • economic stimulus package • payroll taxes • financial crisis • President Obama

OPINION

Journal Wonders Why McCain Is Waffling on Taxes

He's giving away a must-win fight on the economy

Jul 30, 08 5:49 PM CDT
(Newser) - Taxes should be an easy issue for John McCain, as he’s running against a Democrat “who says matter-of-factly that he wants to raise” them. So the Wall Street Journal wonders why he appears to be giving away his advantage. Given a chance to voice his support for... More »

MORE ABOUT:
Barack Obama • John McCain • Obama 2008 • flip flop • Social Security • McCain 2008 • payroll taxes

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