News Article

Consumer confidence socked by payroll tax hike

Via washingtontimes.com » Submitted On Tue, 01/29/2013 - 2:48pm by Ian Sheasgreen

U.S. consumer confidence took a dive this month, wiping out all the gains of 2012, a drop fueled by the expiration of the 2 percentage point cut in payroll taxes, the Conference Board reported Tuesday.

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