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Payroll Tax

Candy Crowley moderates the debate between Mitt Romney and President Barack Obama at Hofstra University in Hempstead, Long Island - Oct. 16, 2012 (credit: SAUL LOEB/AFP/Getty Images)

Fact Check Wednesday: Romney Vs. Obama – Round Two

The post-debate headline from factcheck.org was “Obama And Romney Continue False, Misleading Attacks In Second Debate.”

10/17/2012

Long Island Rail Road station - Hicksville, NY - Feb 28, 2012 (credit: Mike Xirinachs / WCBS 880)

Court Strikes Down MTA Payroll Tax; Massive Transit Hikes Possible

Astronomical fare hikes and deep service cuts are possibly on the horizon for suburban commuters. It’s all because a major court ruling against the Metropolitan Transportation Authority has put the agency in a financial bind.

08/23/2012

House Speaker John Boehner and President Barack Obama in the Cabinet Room at the White House - Washington, DC - Jul 11, 2011 (credit: Alex Wong/Getty Images)

House Republicans Blink, Payroll Tax Standoff Ends

After months of bickering, congressional leaders have reached a compromise to prevent higher payroll taxes for 160 million Americans.

12/22/2011

President Barack Obama

House Republicans, Senate Locked In Stalemate Over Payroll Tax Extension

President Barack Obama warned on Tuesday that without a compromise on the payroll tax extension debate most of us will have lighter wallets come January.

12/20/2011

Money (file / credit: clipart.com)

Report: NJ Workers Saved Most Money From Temporary Payroll Tax Cut

An analysis shows the average worker in New Jersey saved about $872, or 22 percent more than the national average because the state has some of the nation’s highest paid workers. The cut is determined by income.

12/01/2011

The Brooklyn, Manhattan, and Williamsburg (bottom-top) Bridges are seen in New York City - Jul 1, 2007 (credit: STAN HONDA/AFP/Getty Images)

Hudson Valley State Senators Want East River Tolls Instead Of MTA Payroll Tax

Five Republican New York State Senators say ditching the payroll tax in favor of East River tolls would bring in another $100 million for the MTA next year.

04/26/2011

Cash - File / Photo: Evan Bindelglass / WCBS 880

Expect To See More Money In Your Paycheck

Under the compromise proposal cutting back Social Security payroll taxes, workers would pay a 4.2 percent tax rate instead of 6.2 percent – a $120 billion tax cut for workers, starting on Jan. 1.

12/08/2010