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CBO Says Payroll Tax Holiday Helpful. Pols Say "Lalalala. Can't hear you"

Simon W. Moon

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CBO Says Payroll Tax Holiday Helpful

This seems like a very non-controversial and easy to understand issue. Additionally, the CBO says it would provide good bang for the buck when it comes to 'stimulating' the economy, for obvious(?) reasons. Yet, afaik, neither party is interested in the proposal.
Why is that?

Instead, the expiration of the tax cuts, particularly for the topmost brackets, is the big hot button topic. Yet, according to the CBO this is actually not as big of a deal one way or the other.

So what's up? Are the parties trying to play the electorate for points instead of trying to do what's right for the country?
If so, why do you think so many people are going along with them?
Or am I missing something here?



(In case it's not as obvious as I think, a payroll tax holiday would make it cheaper for companies to hire people and would allow working people to take home more of their pay. So, in theory more businesses could afford to hire new employees or recall employees who've been laid off, and employees would have more money to buy things with thereby stimulating demand)
 
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