Willard Taylor Authors Article on Payroll Taxes for Tax Notes

July 13, 2015

On July 13, Tax Notes published an article by Mr. Taylor titled “Should Payroll Taxes Be Repealed?” In the article, Mr. Taylor discusses the benefits of eliminating payroll taxes and the 3.8 percent tax on net investment income and funding Social Security and Medicare benefits with the personal income tax, pointing out the “deeply regressive structure” and “distortive impact” of payroll taxes” and noting that “Fundamental reform of payroll taxes is surprisingly absent from most discussions of tax reform.”