Monday, January 30, 2012

No benefit from tax holiday, say a majority of voters

By Vicki Needham

A majority of voters say they have not benefitted from the payroll-tax holiday that lawmakers are working to extend through the rest of this year, according to  this week’s poll conducted for The Hill.

Fifty-four percent said the tax holiday has not helped them financially, while only 25 percent said it had been a help to them.

President Obama and congressional Democrats have made the temporary extension of the payroll-tax cut — which dropped the tax rate from 6.2 percent to 4.2 percent — a top priority, arguing that it will save the average middle-class taxpayer $1,500 this year.
Read more: http://thehill.com/polls/207261-the-hill-poll-no-benefit-from-tax-holiday-say-a-majority-of-us-voters

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