You Searched For "PAYROLL TAX CUT" and got 20 results
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3 mins read
Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger
Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…
Allie Kelly
5 mins read
My high-interest CD just expired and I'm completely torn on where to move my money. Here's what experts recommend.
Four financial experts offered their advice — including a way to capitalize on both interest rates …
William Edwards
3 mins read
The bond market is selling off after traders got their Fed forecasts wrong
"We could easily get a scenario where the Fed will basically have to reverse course and begin to st…
Matthew Fox
3 mins read
Warren Buffett wrote to Leon Cooperman about stock buybacks, taxing the rich, and the presidency. Here are the 3 messages, from Cooperman's new memoir
Buffett praised Cooperman for defending Henry Singleton and Teledyne, and joked he could "deliver N…
Theron Mohamed
3 mins read
Social Security could be depleted by 2023 if Trump eliminates the payroll tax, chief actuary says
Trump has said he would move to eliminate the payroll taxes that help fund Social Security if he we…
Joseph Zeballos-Roig
2 mins read
Business groups say implementing Trump's payroll-tax holiday would be 'unfair to employees,' warning some workers could be stuck with a $2,200 tax bill next year
The letter signed by top business organizations said employers would likely continue withholding th…
Joseph Zeballos-Roig
3 mins read
Trump pledged to permanently scrap the payroll taxes used to fund Social Security and Medicare if he wins re-election
Experts say the move to cut payroll taxes would further erode the shaky finances of both programs, …
Joseph Zeballos-Roig
2 mins read
Trump implementing a payroll tax cut through executive order would blow a hole in Social Security and Medicare's finances, economists warn
"It's like borrowing money from the Social Security and Medicare trust funds to give to employers j…
Joseph Zeballos-Roig
3 mins read
Trump is enacting a payroll-tax holiday through executive action. But that doesn't mean workers will see extra money in their paychecks.
Experts say employers are likely to hold on to the cash since the president only has authority to d…
Joseph Zeballos-Roig
2 mins read
The White House is reportedly weighing whether Trump can sidestep Congress and cut taxes on his own
President Trump supports a capital-gains tax cut, which would mostly benefit wealthy households. Bu…
Joseph Zeballos-Roig
2 mins read
Trump tried blaming Democrats for spiking the payroll-tax cut — but it was actually Republicans that squashed it
Republican senators like Susan Collins and Chuck Grassley expressed skepticism that the payroll tax…
Joseph Zeballos-Roig
2 mins read
Republicans are tossing out the payroll-tax cut in favor of a 2nd round of stimulus checks
Trump had insisted on including the payroll tax cut in the GOP coronavirus relief bill. The develop…
Joseph Zeballos-Roig
3 mins read
The White House is doubling down on Trump's proposed payroll-tax cut, even amid weak support from Senate Republicans
Republican Sen. Susan Collins said a payroll-tax cut was "extremely expensive" and "would only bene…
Joseph Zeballos-Roig
3 mins read
Ted Cruz, Trump, and other Republicans are pushing a payroll-tax cut that would do little for families suffering financially due to coronavirus
The move would not provide the economy with the adrenaline shot it needs to tide over people alread…
Joseph Zeballos-Roig
2 mins read
Retirees have just 13 years left of full Social Security checks if Congress doesn't step in
Medicare's ability to keep paying out full hospital benefits is running dry in only six years. Cong…
Joseph Zeballos-Roig
3 mins read
Trump is doubling down on a payroll tax cut that has slim GOP support and would do virtually nothing to help jobless Americans
The president said he may not sign an economic relief bill that doesn't contain a payroll tax holid…
Joseph Zeballos-Roig
2 mins read
Trump has dealt seniors, who represent 23% of registered voters, 2 devastating blows in a matter of days
President Donald Trump promised to scrap the payroll tax if he's reelected. The payroll tax funds S…
Sarah Al-Arshani
4 mins read
It doesn't look like Trump's executive actions on coronavirus relief will actually do much
President Donald Trump swooped in Saturday to fix what Congress couldn't. But his executive actions…
Rebecca Harrington
2 mins read
Trump held a last-minute press conference and claimed expansive executive authority as coronavirus relief negotiations fall apart
President Donald Trump at a last-minute press conference at his golf resort in Bedminster, New Jers…
Joseph Zeballos-Roig
2 mins read
The White House announces push for payroll tax cuts and paid sick leave amid coronavirus outbreak
In brief comments at a news conference on the respiratory illness COVID-19, White House economic ad…