The $858 billion tax plan approved by Congress in December included a surprise 2% reduction in payroll taxes for 2011, in what amounts to a $120 billion bet that Americans will spend the money and help juice the economy.
If you earn $100,000 a year or more, that temporary tax reduction will mean an extra $2,000 this year — almost $40 more in your paycheck every week.
How will Americans stimulate the economy?
(READ the story in the USA Today)