Not Insane

If the economic crisis necessitates a second stimulus—and it probably will—then a payroll-tax holiday deserves a look. But it’s only half a good idea. A whole good idea would be to make a payroll-tax holiday the first step in an orderly transition to scrapping the payroll tax altogether and replacing the lost revenue with a package of levies on things that, unlike jobs, we want less rather than more of—things like pollution, carbon emissions, oil ... Full Story »

Posted by Leo Romero

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Review

Fabrice Florin
4.1
by Fabrice Florin - Mar. 22, 2009

Interesting article about a payroll-tax holiday proposed by people across the political spectrum to help stimulate our economy. The idea is to scrap the payroll tax over time, give individual taxpayers a break, and replace the lost revenue with a package of taxes on pollution, carbon emissions and excessive consumption. Intriguing concept, with thoughtful perspectives from both conservatives and liberals on this complex but important issue.

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