NPR: Glenside Speaks on Payroll Tax Cut

December 13, 2011

National Public Radio (NPR) reported from the streets of Glenside on the overall sentiment of a 2-percent payroll tax cut that is due to expire at the end of the year, Dec. 11. Psychology major Kyle Congdon ’13 was quoted by News Desk Reporter Jeff Brady.

While policy-makers spend a lot of time hashing out their differences, many Americans say they didn't even know there was an extra 2 percent in their paychecks last year.

"I honestly did not notice it, but I'm glad it's there" says Kyle Congdon, a student at Arcadia University just outside Philadelphia.

The payroll tax cut was worth about $1,000 to a family earning the median income of just over $50,000 a year. The cut was designed to put more money in people's paychecks, so they'll spend more and boost the economy, but whether that has worked isn't clear.

Listen to the full story.

 

college of arts and sciencespsychology