New York's Employer Side Payroll Tax Doesn't Require Workers to Take Pay Cuts

Jeff Stein's Wonkblog piece might have misled readers about the complexity of New York's new employer-side payroll tax as a workaround for Republican tax bill's limit on the deduction for state and local taxes. The piece told readers:

"'Employers can’t just slash salaries willy-nilly, even if there’s a good argument for it being to the employees’ benefit,' wrote Jared Walczak of the Tax Foundation, a right-leaning think tank. 'It might be an option for small groups of highly-compensated empl...