Payroll tax cut likely to expire in January, Oklahoma lawmakers say

Oklahoma Republican Reps. Tom Cole and James Lankford say there is little appetite to extend tax cut for workers as Congress and President Barack Obama prepare to pare nation’s debt.

 
BY CHRIS CASTEEL | Published: November 22, 2012   

WASHINGTON — Shoppers budgeting for Black Friday and beyond might want to consider this: Come January, workers’ paychecks will likely be a little smaller.

The payroll tax break that has given the average Oklahoman an extra $580 a year is set to expire, and there has been little talk of extending it for another year as President Barack Obama and...
View full article on Oklahoman.com

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