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by jonhinson
4913 days ago
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The article makes it sound like the bill explicitly raises taxes on 77% of households. This would be false. The bill simply does not extend the temporary tax holiday that was signed into law at the end of 2010. The payroll tax rate goes back to the rate we've had since 1990. |
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There was a tax reduction in 2010 and there is a tax hike in 2013. How adding word "temporary" to it changes anything?