Pilot Light: Hagan Makes Case on Payroll Tax Cut

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Supporting President Obama’s payroll tax cut extension proposal, U.S. Sen. Kay Hagan this week released statistics showing the effect the cut has on the average middle-class household in each North Carolina county.

The list shows that a Moore County median household with $45,987 annual income saves an average of $1,426 a year from the payroll cut.

If Congress does not act to extend the cut, the current payroll tax cut will expire at the end of the year. The tax cut reduces the percentage of Social Security taxes deducted from wages from 6.2 percent to 4.2 percent.

Extension of the tax cut has bipartisan support, but the two parties do not agree on how to cover the loss to the federal treasury. Obama and his Democratic supporters want to make up the difference by imposing a tax on incomes of more than $1 million. Republicans want to make up the lost income through cuts elsewhere in the federal budget.

PLAN — The Department of Planning and Community Development provided the Moore County Board of Commissioners with additional information about membership on a land-use plan steering committee at the board’s Nov. 15 meeting.

The item will be back on the board’s agenda for a Dec. 6 meeting.

The commissioners received a list of categories from which to draw individuals for appointment to the steering committee.

The categories include business/economic development, agriculture, military, education and youth, appointed planning officials, environmental/outdoor recreation, development and construction, transportation, the aging population, health industry, cultural/historic, artisans, affordable housing/underserved populations, the League of Women Voters, unincorporated areas, and elected officials from municipalities.

The steering committee will be asked to update the existing land-use plan, adopted in 1999. The plan provides a guide to county officials in developing future growth.

DSS — The Moore County Department of Social Services will be closed from noon until 2:30 p.m. Wednesday, Dec. 14, according to a notice from the DSS office.

VAD — The Voluntary Agriculture District Advisory Board will meet at 1 p.m. Tuesday, Dec. 6, in the conference room of the Agricultural Center in Carthage.

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Comments

stephen 1 year, 5 months ago

I'm probably wrong and not nearly as smart as the government, but isn't the payroll take used to fund the social security system? If this is the case, then what we're saying is lets stop putting money away for our future and spend it in the future. When will the government stop spending our money?

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