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Payroll tax cut extended for remainder of 2012
February 23, 2012
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The Middle Class Tax Relief and Job Creation Act of 2012 (H.R. 3630) that was signed into law by President Obama on February 22, 2012, extends the 4.2% Social Security tax rate for employees through December 31, 2012. It also extends jobless benefits for between 63 weeks and 73 weeks, and averts a big cut […]