When Congress comes back next week, Washington will increasingly focus on what it calls "fundamental" tax reform. But it won't be entertaining reform capable of fundamentally shifting employment patterns and generating the jobs we need.
President Obama just called for an increase in the federal minimum wage from $7.25 to $9.00 an hour. Yet he made no effort to save the "temporary stimulus" 2% payroll tax cut. So what's better for low-wage workers: an increase in the minimum wage or a decrease in payroll taxes?
Now that President Obama has made the payroll tax cut -- which expires at the end of the month -- part of the tax debate, let's look at how many workers have a direct stake in extending it for one more year.