Here's a deal on the payroll tax from A to Z. Americans have been getting a break on their federal payroll tax. What this means is that they are taking home a bit more of what they earn. For example, someone making around 50,000 dollars this year took home extra 1,500 dollars, thanks to the payroll tax break. But the government has to take action to extend the payroll tax cuts into next year. Ot..
Leaders in Europe are trying to prevent another debt crisis with a new money plan. And this is needed, because some European countries are spending much more money than they are taking in. They are running on huge deficits. Because many of them share the same currency, the Euro, if one of these governments goes under it could hurt all of their economies, the U.S economy and others worldwide. Her..
Specifically, a look at U.S unemployment rate. This is something that a lot of people use to measure how the overall economy is doing. On the first Friday of every month, the government announces the current unemployment rate, so that came out this past Friday. The U.S has been at around 9 % unemployment for most of this year. In November, that number dropped to 8.6 %. so that's good news right?..