Trump has repeatedly threatened to circumvent Congress and enact a payroll tax cut on his own.
"Knowing that, employers would be taking an enormous risk if they don't withhold the tax they're legally liable for," said Seth Hanlon, a tax expert.Over the past week, President Donald Trump has repeatedly threatened to wield executive power and implement an array of stimulus measures.that he had "instructed" his staff to continue working on an executive order to enact a payroll tax cut, in addition to others such as enhanced unemployment insurance.
As a result, even with an executive order suspending payroll taxes, companies are still required to make those payments in the future — unless Congress passes legislation letting employers off the hook.
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I don't even think he can do that, constitutionally.
That just cuts social security.
Trump
What paycheck?
Singapore Singapore Latest News, Singapore Singapore Headlines
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