"Obama: A payroll tax hike will damage recovery."
What it actually is, is the end of a payroll tax "holiday" that was passed earlier in Obama's term of office. Sort of like the "tax cut for the rich" that was passed by President Bush way back in the early 2000's. Why is it that ending a tax cut that Democrats approve of is referred to as a "tax hike" but the ending of a tax that Democrats disapprove of is "letting the Bush tax cuts expire?"
Never mind, we know the answer to that.
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