The President Proposes 2012 Payroll Tax Cut

American Jobs Act of 2011

By Children’s Home Society of Florida Foundation

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Recently, President Barack H. Obama traveled to Manchester, New Hampshire to speak at a high school. There, he proposed a new payroll tax cut in the American Jobs Act of 2011.

The TR-UIR and JCA of 2010

In the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, the employee contribution for Social Security was reduced from 6.2% to 4.2% for 2011. This reduction reduced employee taxes and resulted in lower contributions to the Social Security fund for 2011.

In 2012

President Obama proposed a reduction again for 2012. The American Jobs Act reduces the employee contribution from 6.2% to 3.1% for the year. In addition, there also would be a 3.1% reduction in the employer’s share for the first $5 million in payroll contributions.

Assessment

House Speaker John Boehner (R-OH) suggested that he was willing to work with the President on this proposal. He stated, “We told the President in September that we stand ready to have an honest and fruitful discussion with him regarding the payroll tax extension.”

Conclusion      

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Events Planner: December 2011

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Events-Planner: DECEMBER 2011

By Staff Writers

“Keeping track of important health economics and financial industry meetings, conferences and summits”

Welcome to this issue of the Medical Executive-Post and our Events-Planner. It contains the latest information on conferences, news, and relevant resources in healthcare finance, economics, research and development, business management, pharmaceutical pricing, and physician/entity reimbursement!  Watch for a new Events-Planner each month.

First, a little about us! The Medical Executive-Post is still a relative newcomer. But today, we have almost 175,000 visitors and readers each month from all over the country, in addition to our growing subscriber base. We have been a successful collaborative effort, thanks to your contributions.  As a result, we are adding new resources daily. And, we hope the website continues to provide the best place to go for journals, books, conferences, educational resources, tools, and other things you need to establish the value your healthcare consulting and financial advisory intervention.

So, enjoy the Medical Executive-Post and this monthly Events-Planner with our compliments. 

A Look Ahead this Month – And now, the important dates:

  • December 04-07: Natioan Forum Helthcare Quality Improvement, Orlando, Fla.
  • December 05-07: m-Health Summit. National Harbour, Washingtion, DC.
  • December 08: Fourth Annual Inside Commodities Conference. NYSE.

Please send in your meetings and dates for listing in the next issue of our Events-Planner.

MarcinkoAdvisors@msn.com

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com 

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