Payroll Tax Deferral Won't Harm Social Security, Heritage Says

Payroll Tax Deferral Won't Harm Social Security, Heritage Says 

Heritage Foundation

While deferring payroll taxes for the rest of the year will have a minimal effect on Social Security finances, a payroll tax holiday wouldn't be an effective way to help the economy or the growing deficit; a better solution would be reforming Social Security to decrease the payroll tax, the Heritage Foundation said in a September 11 report. 

While deferring payroll taxes for the rest of the year will have a minimal effect on Social Security finances, a payroll tax holiday wouldn't be an effective way to help the economy or the growing deficit; a better solution would be reforming Social Security to decrease the payroll tax, the Heritage Foundation said in a September 11 report.

While deferring payroll taxes for the rest of the year will have a minimal effect on Social Security finances, a payroll tax holiday wouldn't be an effective way to help the economy or the growing deficit; a better solution would be reforming Social Security to decrease the payroll tax, the Heritage Foundation said in a September 11 report.

While deferring payroll taxes for the rest of the year will have a minimal effect on Social Security finances, a payroll tax holiday wouldn't be an effective way to help the economy or the growing deficit; a better solution would be reforming Social Security to decrease the payroll tax, the Heritage Foundation said in a September 11 report.