The House, red states, large employers rejecting Trump payroll-tax holiday - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The US House became the latest employer to spurn Trump's payroll-tax holiday, which is now in effect until December 31.

The lower chamber joins several large companies and at least two red states in rebuffing the directive, citing difficulties around carrying out the deferral and the prospect of getting stuck with large tax bills. "The fact that few employers would take this up was totally foreseeable — the scheme just didn't work," tax expert Seth Hanlon told Business Insider.Visit Business Insider's homepage for more storiesThe House of Representatives on Friday became the latest employer to reject President Donald Trump's payroll-tax deferral for its employees.

It joins several large companies and some red states that have already spurned the measure. The sparse involvement from big employers threatens to inflict a heavy blow on a measure the Trump administration touted as an effective way to get money to households and boost spending. In an email to employees, the House's Chief Administrative Officer Philip Kiko said the lower chamber "determined that implementing the deferral would not be in the best interests of the House or our employees."At least one House Republican, Rep. Kevin Brady, had announced on Thursday he was deferring the tax for some of his staff,"The fact that few employers would take this up was totally foreseeable"to implement a payroll-tax holiday through December 31.

The Democrat House of Representatives are turning their backs on Americans again

The company I work for Declined. It wasn’t even an option for us. But I’m glad they did. I’d rather pay now than to gamble with politics.

Hi everyone, I would like to ask for help for someone very special to me, My dog , he has been diagnosed with Parvo and his hind leg has been very swollen preventing him from walking in addition to having a high fever Please help in Donating and share🙏🏽

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Several states are already exhausting funds for Trump's $300 unemployment benefits - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider's top advertising and media stories for September 10 - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Meet Business Insider's 10 execs transforming the advertising and media industries - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »