Sunday, September 11, 2011

GOP split over extending payroll-tax cut

McClatchy reports:
Some key Republican leaders reject President Barack Obama's bid to extend — and expand — the temporary "payroll tax holiday" enacted late last year, which is slated to expire this December.

Analysts, among them some high-level Republican operatives, said this contradiction left Republicans treading a thin line: They brand Obama's bid to let Bush-era tax cuts lapse for wealthy Americans as a tax hike. But they say that ending payroll tax relief, a move that would affect far more Americans, isn't one.