This Is No Middle Class Tax Cut | Alan Reynolds | Cato Institute: Commentary

This Is No Middle Class Tax Cut | Alan Reynolds | Cato Institute: Commentary: 'Calling this perennial payroll tax holiday a “middle class tax cut” is an outright hoax.

Former Census Bureau economists at Sentier Research, John Coder and Gordon Green, estimate that more than half of this year’s payroll tax cuts went to the most affluent 20%, while only 15% went to those with incomes below the median.'