- MENU
- HOME
- SEARCH
- VIDEOS
- WORLD
- MAIN
- AFRICA
- ASIA
- BALKANS
- EUROPE
- LATIN AMERICA
- MIDDLE EAST
- United Kingdom
- United States
- Argentina
- Australia
- Austria
- Benelux
- Brazil
- Canada
- China
- France
- Germany
- Greece
- Hungary
- India
- Indonesia
- Ireland
- Israel
- Italy
- Japan
- Korea
- Mexico
- New Zealand
- Pakistan
- Philippines
- Poland
- Russia
- South Africa
- Spain
- Taiwan
- Turkey
- USA
- BUSINESS
- WEALTH
- STOCKS
- TECH
- HEALTH
- LIFESTYLE
- ENTERTAINMENT
- SPORTS
- RSS
- iHaveNet.com: Economy
by Mallie Jane Kim
The payroll tax cut is in jeopardy of expiring after the
The one-year, 2 percent payroll tax cut was part of a deal to extend the Bush tax cuts last December.
But Democrats and Republicans in the
Here's a roundup of what some of the
Former House Speaker Newt Gingrich supports extending payroll tax relief, according to his spokesman R.C. Hammond. In August, Gingrich told a crowd at the conservative
Former Massachusetts Gov. Mitt Romney has been unclear on his attitude toward the payroll tax cut. In response to questions about the extension, in the October 11
And on November 9, during the
Texas Rep. Ron Paul wants to see the extension passed, according to his national campaign chairman Jesse Benton, but he is against offsetting the cut with any tax hikes, as Democrats have tried to do.
Minnesota Rep. Michele Bachmann wants to let the payroll tax cut expire.
She was against the original package, according to her congressional press secretary, Becky
Rogness. "At the time, she stated that a perpetual state of temporary tax policies brings uncertainty
to hiring and other business decisions," Rogness said in an E-mail. "Her view has not changed." Recently
Bachmann said she'd fight efforts to extend the cut, according to the
Former Utah Gov. Jon Huntsman supports extending the payroll tax cut, but "at the same time, it's nibbling around the edges," says Huntsman's campaign spokesman Tim Miller. "What [Huntsman] would want is a payroll tax extension that's tied to a commitment for broader tax reform down the line."
Texas Gov. Rick Perry's and Former Pennsylvania Sen. Rick Santorum'spositions were not available at press time.
WORLD | AFRICA | ASIA | EUROPE | LATIN AMERICA | MIDDLE EAST | UNITED STATES | ECONOMY | EDUCATION | ENVIRONMENT | FOREIGN POLICY | POLITICS
GOP 2012 Candidates Split on Payroll Tax Cut