My view is that a modest increase in the payroll tax rate should be part of any package to close Social Security’s 75-year shortfall. Indeed, the Social Security actuaries’ scoring of options ...

The cut, known as a tax holiday, eased the burden from 6.2 percent to 4.2 percent of a worker’s salary (the employers’ rate remained at 6.2 percent). That rate was extended through the end of ...

Like a very, very long episode of the TV series 24, the White House website's We Can't Wait clock ticks down. The clock, which displays the amount of time left before the current payroll tax cut ...

Click on the chart to see how much more you'll pay in taxes. More than three in four Americans will pay higher taxes for 2013, thanks to the fiscal cliff deal passed in Congress on New Year's Day ...

Payroll taxes made up 7.8% of national income in 2018, compared to 0.9% for corporate ones — the widest gulf in almost two decades.

The 25,000 dots on the chart above each represent an American household in the broadly defined middle class. The vertical axis represents income; the horizontal axis represents how big a tax cut ...

Households making between $200,000 and $500,000 saved the most compared to a world where we went off the cliff forever ...

Indeed, the Social Security actuaries' scoring of options shows that very gradually increasing the employee and employer payroll tax rate each by 1 percentage point (from 6.2% today to 7.2% in ...

That’s because Social Security payroll taxes are going up for all American workers. In 2011, ... meaning the biggest increase a single wage-earner will have to pay is $2,274.