Monday, 10 August 2020

Trump is enacting a payroll-tax cut through executive action. But that doesn't mean workers will see extra money in their paychecks.

Trump is enacting a payroll-tax cut 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 defer tax collection, not forgive it.
Read more: https://www.businessinsider.com/trump-payroll-tax-cut-threatening-executive-action-workers-extra-cash-2020-8?source=Snapzu

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