How does a tax holiday help anyone?
Last year we had a payroll tax holiday where they withheld less over a period of time so I could get more in my weekly take home pay. At the end of the year I still had to pay the same amount and if I hadn’t planned for the tax bill, I would have had to take a payment plan that would have incurred late payment penalties or a bank loan incurring interest fees to pay my taxes. Let’s give up on the holidays and effect real spending cuts (eliminate the duplication).
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