he may not sign the stimulus package if it didn't contain the tax break. He expressed support for it on Monday as well.
"It's been proven to be successful and it's a big saving for the people" Trump said, calling it "very important" to him. Yet Democrats roundly oppose it, along with numerous Republicans.are the 7.65% of earnings taken out of employee paychecks and another 7.65% that's levied on employers to fund the Social Security and Medicare trust funds.
The idea is to put more money into people's pockets to increase their spending during downturns. Yet Seth Hanlon, a senior fellow at the liberal Center for American Progress,a payroll tax cut wouldn't benefit the nearly 20 million jobless Americans since they are no longer drawing paychecks. He also said the tax break would disproportionately favor wealthier people. "It's a policy that's designed to benefit people who are working, it benefits people who are earning more and it doesn't do anything for people out of work," Hanlon said.
bottomupeconomics
No! Cut the payroll tax permanently!!!
Do you see any other countries replicating what Americans are doing? No. They're succeeding, while we've become a banana republic
Yea since so many people are out of a job, a payroll tax holiday wouldn’t help people without a job.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Trump might not sign another stimulus bill without a payroll tax cut - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Cutting payroll taxes shorts Social Security. I will vote against this trumpist government of grifters even I am in death bed
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
'I lost my business to COVID' alleged bank robber writes on note to tellerThe suspect passed a note to the teller demanding money since he didn't get a stimulus check or loan to save his business, police said. Pathetic In Trump we trust Bu but, ABOLISH THE POLICE!
Sumber: ABC - 🏆 471. / 51 Baca lebih lajut »
US stocks trade mixed as investors wait for new coronavirus stimulus from Congress - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The stock market can only levitate on stimulus and money printing. Investors want money to play a game 98% want money to eat.... let that sink in ResignNowTrump FacadeStocks
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
China critics in Congress, Senate GOP are ineffective, won't stand up to Trump - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. lopezlinette What headline or social media editor let this one slide lopezlinette Hello....grammar? lopezlinette The narcocriminal Narco Rubio has its days numbered as Senator
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »