PAYROLL TAX CUT

[NASE Member] Tiffany Washington, owner of Washington Accounting Services in Waldorf, Md., says the standoff about extending the payroll tax cut caused her to put off hiring another employee.

The President’s proposed FY 2013 budget request released last week includes several initiatives of interest to the nation’s 22 million self-employed and at least one of the items on the National Association for the Self-Employed (NASE) Self-Employed Agenda.

Congress closed out 2011 by agreeing to a short-term extension of the payroll tax cut. Now that they are back in session, your lawmakers are wrangling to come to a longer one-year deal. As they debate another payroll tax extension proposal, I again encourage them to put partisan politics aside and pass the payroll tax extension.

As 2011 comes to a close, so does the payroll tax cut for millions of Americans. If Congress does not come to an agreement, we'll start out 2012 by paying higher taxes.

As the U.S. Senate prepares to debate another payroll tax extension proposal, Kristie Arslan, President & CEO of the NASE, encourages our policymakers to put partisan politics aside and pass the payroll tax extension.

We can all agree that the tax code could be more fair for Americans who want to start their own small business. It’s one of the pillars of the national self-employment initiative that the NASE has been urging policymakers to adopt.

Kristie Arslan, NASE President and CEO, appears on The Willis Report.