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Marketplace Morning Report

World economy forecasted to slow to Great Recession pace

Feb 27, 2020

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Payroll taxes, not income taxes, mean more to many households

by Adriene Hill Nov 2, 2017
Much of the discussion around tax reform these last few weeks has focused on income tax and details like tax brackets and tax rates. Meanwhile, 40 percent of taxpayers don’t pay any income tax, while almost all of them see…

In February retail sales bump, wealth effect trumps payroll tax

by Jeremy Hobson Mar 13, 2013
Retail sales ticked up by 1.1 percent last month according to the Commerce Department. The growth was better than expected, despite higher gas prices and the payroll tax increase that went into effect at the beginning of the year.

Walmart discovers the payroll tax may bite

by Jim Burress Feb 20, 2013
The nation's largest retailer may see slump in February sales figures.
Fiscal Cliff

Increase in payroll tax raises concerns for Cleveland small business owner

by Sarah Gardner Jan 2, 2013
Steve Presser, proprietor of Big Fun toy store in Cleveland, says although the deal to avert the fiscal cliff eases uncertainty among consumers, the payroll tax increase raises a whole other list of issues.
Fiscal Cliff

'Cliff' deal ends payroll tax cut

by Nancy Marshall-Genzer Jan 2, 2013
The short-term stimulus plan had pumped billions into the economy.
Fiscal Cliff

Fiscal cliff deal raises payroll tax

by Dan Bobkoff Jan 2, 2013
The 2 percent payroll tax rise means that a person who earns $50,000 a year will pay $1,000 more in taxes.

Fiscal cliff aside, payroll tax holiday to end

by Dan Bobkoff Dec 28, 2012
For two years, paychecks have been a little fatter thanks to a payroll-tax cut. But did it stimulate the economy, and what happens when it goes away?

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Congress finds funds in the airwaves

by Bob Moon Feb 17, 2012
Parts of the broadcast spectrum will be auctioned off to help cover the costs of the payroll tax cut and extended long-term unemployment benefits. Even a sliver of spectrum could bring a big chunk of cash.

Payroll tax cut, benefit extension a type of stimulus

by Heidi Moore Feb 15, 2012
A tentative deal has been reached to extend the payroll tax cut, as well as some unemployment benefits and Medicare payments. As the economy stays sluggish, we're in an era of seemingly endless government stimulus.

Payroll tax extension, Greek news won't make huge impact

by Josh Brown Feb 15, 2012
News out of the U.S. and Europe today could mean more spending at home and more debt problems in Greece. But Josh Brown of Fusion Analytics says neither piece of news will make a huge difference in the markets.