BizTaxBuzz: Jobs-creation Package Provides Payroll Tax Relief

The Obama administration's $15 billion jobs-creation package sports a provision that lifts part of the employers' payroll tax for companies that hire unemployed workers this year, together with a $1,000 credit for keeping those employees on the books for a year.

CBO: Payroll Tax Relief an Effective Jobs Booster | Source: The Big Fat Finance Blog.