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	<title>The Washington Independent &#187; supply side</title>
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		<title>Payroll Tax Delenda Est</title>
		<link>http://washingtonindependent.com/26511/payroll-tax-delenda-est</link>
		<comments>http://washingtonindependent.com/26511/payroll-tax-delenda-est#comments</comments>
		<pubDate>Wed, 21 Jan 2009 18:54:42 +0000</pubDate>
		<dc:creator>David Weigel</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[conservatives]]></category>
		<category><![CDATA[supply side]]></category>
		<category><![CDATA[taxes]]></category>

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		<description><![CDATA[<p>I&#8217;ve been keeping an eye on an idea that seemed to be gaining traction a week ago: suspending the payroll tax to stimulate the economy. The latest entries, from <a href="http://www.forbes.com/finance/2009/01/17/obama-tax-estate-pf-ii-in_dz_0119smallbiz_inl.html">Dean Zerbe</a> in Forbes:</p>
<blockquote><p>Another idea that has been talked about in Washington and would help every small business&#8217; cash</p></blockquote><p> <a href="http://washingtonindependent.com/26511/payroll-tax-delenda-est" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ve been keeping an eye on an idea that seemed to be gaining traction a week ago: suspending the payroll tax to stimulate the economy. The latest entries, from <a href="http://www.forbes.com/finance/2009/01/17/obama-tax-estate-pf-ii-in_dz_0119smallbiz_inl.html">Dean Zerbe</a> in Forbes:</p>
<blockquote><p>Another idea that has been talked about in Washington and would help every small business&#8217; cash flow is a payroll tax holiday for employers. Unfortunately, it hasn&#8217;t shown up in the Democrats&#8217; stimulus proposals.<span id="more-26511"></span></p></blockquote>
<p><a href="http://www.dallasnews.com/sharedcontent/dws/dn/opinion/viewpoints/stories/DN-goldberg_20edi.State.Edition1.2afd742.html">Jonah Goldberg:</a></p>
<blockquote><p><span class="vitstorybody"><span class="vitstorybody">The best stimulus might be to trim – or temporarily eliminate – the payroll tax. That would put money in the hands of the people who need it – and know best how to spend it. But that would be &#8220;too ideological&#8221; because it rejects the assumption that government knows best, and it would reward taxpayers, not politicians. </span></span></p></blockquote>
<p>Giving people a temporary and full breather from the payroll tax is interesting because it comports with a long-held supply-sider theory: if people had the money being taken by the government wagged in their faces, they&#8217;d be shocked, and support lower taxes.</p>
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