Wal-Mart worried payroll tax could cut consumer spending

By The Christian Science Monitor
Saturday, February 23, 2013 3:55 EDT
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Why is Wal-Mart worried? Payroll tax could cut consumer spending.

Retailers are preparing for a triple whammy as the restoration of the payroll tax, surging gas prices, and stagnant employment and wages take a bite out of consumers’ disposable income, leaving them with less cash to spend on clothing, groceries, and eating out. As a result, more than three years…

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