In 2011 and 2012 President Obama decreased the payroll tax rate
In and President Obama decreased the payroll
In and President Obama decreased
and President Obama decreased the payroll tax rate
In and President Obama
decreased the payroll tax rate
In and President
In
In 2011 and 2012, President Obama decreased the payroll tax rate:

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In 2011 and 2012, President Obama decreased the payroll tax rate: 1- While the benefits of the payroll tax cuts were about the same across income groups, the middle class received a smaller share in comparison to the Bush income tax cuts. 2- Since the wealthy are exempt from the payroll tax, they received no benefit from the tax cut. 3- Almost ¾ of the tax cuts were realized by the top 10% of income earners. 4- The benefits of the tax cut were about the same for the middle class as they were for the wealthy (top 20%).

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