Extra Money in US Paychecks Means ‘We’ Can be Stimulus

Extra Money in US Paychecks Means ‘We’ Can be Stimulus

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Photo by Cohdra, via morguefileThe $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)

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