My column argues that instead of the Bush tax cuts, the part of the fiscal cliff we should be really worried about is the expiration of the payroll tax holiday.
Letting this happen is nuts. If anything given continued high joblessness and the very very low interest rates we ought to be both extending and deepening the holiday. Cutting the worker-side tax rate even lower and adding an employer-side cut. Given today's economic conditions, it's substantially cheaper to finance government operations with borrowing than with labor taxes.
TODAY IN SLATE
False rape accusations exist, and they are a serious problem.
Scotland Is Just the Beginning. Expect More Political Earthquakes in Europe.
Why Men Can Never Remember Anything
The Music Industry Is Ignoring Some of the Best Black Women Singing R&B
How Will You Carry Around Your Huge New iPhone? Apple Pants!
The Most Terrifying Thing About Ebola
The disease threatens humanity by preying on humanity.
The Other Huxtable Effect
Thirty years ago, The Cosby Show gave us one of TV’s great feminists.