Tax Center Expert Discusses Plan to Extend Cut in Payroll Tax
David Kautter, Managing Director of the Kogod Tax Center, appeared on WUSA/CBS 9's 11 o'clock news Aug. 30 to discuss Obama's expected jobs announcement next week. The announcement will outline the president's plan to create jobs and reduce the nation’s deficit. It will likely include a call to extend a cut in the payroll tax. "If you want to create demand for labor, one of the best ways to do that is to reduce the cost of labor, and you can do that by reducing the payroll tax on the employer," Kautter said in an interview with WUSA/CBS 9.
An executive-in-residence in the Department of Accounting and Taxation, Kautter joined Kogod following a distinguished career at Ernst & Young LLP, where he most recently served as Director of National Tax, the chief operating executive for the firm's national tax practices.