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You Searched For "payroll tax holiday" and got 20 results


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The White House is reportedly weighing executive actions to bolster unemployment benefits and bail out the airline industry

The White House is considering the moves if the economic recovery stalls out with the lack of a bip…

Joseph Zeballos-Roig   


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Joseph Zeballos-Roig   


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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   


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Trump's payroll tax holiday could shrink workers' take-home pay early next year since employers have to collect twice as much from paychecks

Experts say employers that opt into the initiative would have to withhold taxes twice early next ye…

Joseph Zeballos-Roig   


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An accountant won $78 million in the lottery, but isn't quitting his job until he's wrapped up all his clients' taxes

British accountant Richard Nuttall and his wife Debbie won $78 million in January, but he said he w…

Mikhaila Friel   


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'A guinea pig for a bad policy': 1.3 million federal workers will have payroll taxes deferred under a controversial new directive from Trump

The move will cause them to bring home smaller paychecks as the government doubles its payroll-tax …

Joseph Zeballos-Roig   


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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   


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3 mins read

The House of Representatives is joining some red states and large companies in rejecting Trump's payroll-tax deferral for its employees

The sparse involvement from big employers threatens to inflict a blow on a measure the Trump admini…

Joseph Zeballos-Roig   


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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   


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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   


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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   


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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   


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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   


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Trump's idea of a payroll tax cut would be nearly useless for the Americans who need the help the most

Workers would also be less likely to spend the money if they are confined to their homes and avoidi…

Joseph Zeballos-Roig   


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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   


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A prospective juror excused from Trump Organization tax evasion trial said 'there is no chance in hell' she could have been impartial

Another potential juror — who was also later excused — reportedly told another juror he…

Laura Italiano,Natalie Musume…   


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1 min read

It's Time To Cut The Payroll Tax

The upshot of today's bad jobs report, assuming the numbers aren't revised massively, is that the r…

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Here's How The Fiscal Cliff Deal Screwed Over The Poor

This is largely the result of the expiration of the payroll tax holiday which was not extended last…

Danny Vinik   


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6 mins read

Congress just voted to make Juneteenth a federal holiday. Here's why the campaign took decades.

For years attempts to make it a permanent federal holiday have been repeatedly shut down by politic…

Ashley Davis   


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A 'Potent One-Two Punch' Has Wal-Mart Execs Freaking Out In Internal Emails

"Consumers were shopping and hunting for those clearance items," Michael Niemira, chief economist a…

Kim Bhasin