The Corner

White House Pondering Payroll Tax Cut Replacement

The Washington Post is up with one of those vaguely sourced stories about the Obama administration considering replacements for the payroll tax cut set to expire at year’s end. The plan that seems to be floating around would involve refundable tax credits similar to the “Making Work Pay” credit that was part of The Stimulus.

The payroll tax cut is nothing to sneeze at, stimulus-wise — as much as $1,000 for the average family, distributed across every paycheck. While an income tax credit would work in roughly the same way, it might have different psychological effects. One of the amusing themes in The New New Deal, Michael Grunwald’s recent biography of The Stimulus, is then-chief of staff Rahm Emanuel freaking out about low voter awareness of the various tax cuts and credits in the package. The White House, to Rahm’s thinking, had missed an “Ed McMahon” opportunity to send people giant checks, a la Publisher’s Clearinghouse.

Daniel Foster — Daniel Foster has been news editor of National Review Online since 2009, and was a web site editor until 2012. His work has appeared in The American Spectator, The American ...

Most Popular


Courage: The Greatest of Virtues

EDITOR’S NOTE: The following is Jonah Goldberg’s weekly “news”letter, the G-File. Subscribe here to get the G-File delivered to your inbox on Fridays. Dear Reader (Or Listener), As the reporter assigned the job of writing the article about all of Sidney Blumenthal’s friends and supporters told his ... Read More

My American Dream

This morning, at 8 a.m., I did something I’ve wanted to do for as long as I can remember: I became an American. I first applied for a visa in early 2011, and since then I have slowly worked my way through the system — first as a visa-holder, then as a permanent resident (green card), and, finally, as a ... Read More

The Gun-Control Debate Could Break America

Last night, the nation witnessed what looked a lot like an extended version of the famous “two minutes hate” from George Orwell’s novel 1984. During a CNN town hall on gun control, a furious crowd of Americans jeered at two conservatives, Marco Rubio and Dana Loesch, who stood in defense of the Second ... Read More