You Searched For "PAYROLL TAX CUT" and got 20 results
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4 mins read
Congress is sitting on an easy solution to speed job growth without causing inflation
To reduce long-term unemployment, Congress should suspend payroll taxes for employers that expand t…
Joseph S. Fichera
1 min read
The Trump administration is pushing for payroll tax cuts in a coronavirus relief package. Here's what a payroll tax cut is, and how it could impact you.
The Trump administration has pushed for payroll tax cuts as part of an economic relief package in r…
Bryan Pietsch
2 mins read
The Fed will likely cut interest rates 4 times next year as the economy remains resilient
The Federal Reserve is expected to begin a "significant" easing cycle in the second quarter of 2024…
Filip De Mott
1 min read
Disney's first job cut round begins this week, 7,000 employees to be hit: CEO
Disney will begin its first round of layoffs at the company this week. In total, the media and ente…
3 mins read
CEOs say the Trump tax cut created the best economy ever. The data disagrees.
Trump's 2017 tax cuts weren't "rocket fuel" for job growth and productivity like he promised, but C…
Ben Winck
2 mins read
The Trump administration might circumvent Congress to enact new economic-relief measures, new report says
Trump supports shielding businesses from coronavirus-related lawsuits, saying it would be "litigati…
Joseph Zeballos-Roig
3 mins read
Five reasons why markets will not run up further from here
From the lows it plumbed in March this year, Indian equities are up by 8% in 2023 after dropping by…
2 mins read
1.3 million active-duty troops will have their payroll taxes deferred under Trump's controversial order — and they can't opt out
Democrats ripped into the policy move, calling it politically motivated and "disgraceful." The mone…
Joseph Zeballos-Roig
2 mins read
Trump pledges to pass 'THE BIGGEST TAX CUT EVER' in early morning campaign tweetstorm from Walter Reed
Trump previously vowed a middle-class tax cut during the November 2018 midterms, but it never happe…
Joseph Zeballos-Roig
2 mins read
Trump indicates he won't sign another coronavirus stimulus bill that doesn't include a payroll tax cut
Congress is considering new measures for a future bill with the $600-a-week federal unemployment en…
Grace Panetta
2 mins read
Trump's $800 billion payroll tax cut plan would dwarf Obama's stimulus package from the height of the financial crisis
The tax cut has been met with a cool reception among lawmakers on Capitol Hill. Democratic House Ma…
Joseph Zeballos-Roig
2 mins read
'It doesn't exist': A top Republican economist says Trump has no economic plan for a 2nd term
"He has no economic plan. I don't mean that I don't like it. It doesn't exist," said Glenn Hubbard,…
Joseph Zeballos-Roig
2 mins read
A huge study of 50 years of tax cuts for the wealthy suggests 'trickle-down' economics makes inequality worse
Cutting taxes boosts incomes for the wealthy "but has little effect on economic performance," the a…
Grace Dean
3 mins read
Trump confirms he's considering payroll tax cuts, a day after the White House denied such a proposal
That would hit far more consumer products than in previous moves and could hurt retail spending, wh…
Gina Heeb
3 mins read
No, the GOP isn't going to abolish income tax — or the IRS
The GOP wants to get rid of income tax and the IRS. Neither will happen, but, if they did, it would…
Juliana Kaplan,Jacob Zinkula
2 mins read
A former Reagan economist wants to slash the salaries of professors and public officials - while simultaneously proposing tax cuts to stimulate the coronavirus-stricken economy
They also say the government must take aggressive measures to curb the spread of the coronavirus by…
Joseph Zeballos-Roig
2 mins read
Joe Biden promises he won't raise taxes for people earning under $400,000 if elected
Biden is seeking implement new taxes on wealthy individuals and corporations, including a rollback …
Joseph Zeballos-Roig
4 mins read
US payrolls post surprise drop of 140,000 in December, the first decline since April as America's labor-market struggles continue
The Friday report ends a seven-month streak of payroll additions for the US labor market and reflec…
Ben Winck
2 mins read
The IMF says governments should consider new wealth taxes to raise cash from the rich as coronavirus slams the global economy
In recent years, the IMF has shifted its focus from tax cuts and recommended policies aimed at redu…