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December 23, 2011

To begin with, what even minimally rational government enacts payroll tax relief for just two months?

What business operates two months at a time?
The minimal time horizon for business is the quarter — three months. What genius came up with two? U.S. businesses would have to budget for two-thirds of a one-quarter tax-holiday extension. As if this government has not already heaped enough regulatory impediments and mindless uncertainties upon business. --Krauthammer, The GOP’s payroll tax debacle

Posted by gerardvanderleun at December 23, 2011 9:50 AM. This is an entry on the sideblog of American Digest: Check it out.

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