News Formal

The White House doubles down on Trump's payroll-tax cut proposal - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The White House is doubling down on Trump's payroll-tax cut proposal, even amid weak support from Senate Republicans

President Donald Trump speaks during a law enforcement briefing on the MS-13 gang in the Oval Office of the White House, Wednesday, July 15, 2020, in Washington. The White House is still calling for a payroll-tax cut, even with thin support among Senate Republicans.

But Republicans have expressed skepticism about the effectiveness of a payroll tax cut to boost the economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah that’s going to be very helpful to all the unemployed people. Extend the $600 PUA! I don’t want to go homeless here in California.

it would benefit only those working and it wouldn't be much at all. Plus the government would be expecting it paid back at tax time next year anyway.

Leave payroll taxes alone. They’re meant to be used for government benefits.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Inside the life of a pregnant mental health counselor during COVID-19 - 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. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »