Complex sentence: The day after the nation's lawmakers let the tax reduction lapse, Price decided all Gravity Payments employees earning less than $100,000--the vast majority--would get a 2-percent pay increase to offset the payroll tax increase.
Split into simpler sentences: The day after the nation's lawmakers let the tax reduction lapse, Price took action. He decided all Gravity Payments employees earning less than $100,000--the vast majority--would get a 2-percent pay bump to offset the payroll tax increase.