Payroll Tax Quotes

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Payroll Tax Quotes

I think that for the next short period of time, our No. 1 priority is Congress needs to do its work and extend the payroll tax cut.
— Jacob Lew —

The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half.

— Mark Zandi

I think that for the next short period of time, our No. 1 priority is Congress needs to do its work and extend the payroll tax cut.

— Jacob Lew

Unlike most government programs, Social Security and, in part, Medicare are funded by payroll taxes dedicated specifically to them. Some of the tax revenue pays for current benefits; anything that's left over goes into trust funds for the future. The programs were designed this way for political reasons.

— James Surowiecki

I'm all for lifting the payroll-tax cap, if only to make payroll taxes a little less regressive.

— Timothy Noah

I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.

— Howard Warren Buffett

Ive never supported a payroll tax.

— David Dewhurst

The payroll tax increase was destructive financially, it took what was a close call and made it a bad call,

— Mike McGavick

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