In all the rhetorical noise about the fiscal cliff, the discussion has focused most heavily on the Bush-era income tax cuts.
Neither party wants to raise income taxes on the middle class, which has come to be defined as families making below $250,000.
But for workers in that income group, there's an equally if not more valuable tax cut that expires at the end of this year: the payroll tax cut.
Source: CNNMoney. Read full article. (link)