Geithner says Treasury cannot delay tax hikes

Comments (2)
Harry079 wrote:

“when asked whether he could freeze the income tax withholding rates”

What INCOME TAX holding rate you talking about?

You must mean the 2% temporary reduction in the masses SOCIAL SECURITY contribution that is normaly 6%. That 1/3 reduction that could cost many people a smaller monthly check when they retire because of the lesser amount paid in. THAT income tax holding rate?

Nov 16, 2012 6:51pm EST  --  Report as abuse
Yamayoko wrote:

Why didn’t Geithner say “Treasury does not have authority to delay waterfalling-spending cuts” ?

Nov 16, 2012 10:34pm EST  --  Report as abuse
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