But wouldn’t you know it, the tax increase some Republicans want to pass is to reinstate the full payroll tax. This tax reducation is a big benefit to the working poor and middle class and the money goes straight into the economy.
But this is a tax increase Republicans favor. Eric Cantor, for example, says this kind of tax cut — that helps working people — is no way to help the economy. Only relief for rich people does that. This would be unbelievable if we hadn’t long ago gone down the rabbit hole.