The pseudonym "Philo Vaihinger" has been abandoned. All posts have been and are written by me, Joseph Auclair.

Wednesday, March 11, 2020

He so needs to take credit for something to do with coping with the coronavirus

Trump pitched 0% payroll tax rate for the rest of the year, White House official says

President Donald Trump, in a meeting with Republican lawmakers Tuesday on Capitol Hill, pitched a 0% payroll tax rate for employers and employees that would last through the rest of this year, a White House official told CNBC.

There was also discussion of making the payroll tax rollback permanent, said the official, who declined to be named. 

Payroll taxes are used to fund Medicare and Social Security.

Democrats are not warming to that so very Republican idea.

Payroll Tax Holiday Plays Into GOP Plans To Cut The Safety Net

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