President Trump Seeks 7.6% Payroll Tax Cut to Stop C-19 Coronavirus’ Economic Pain

President Trump Seeks 7.6% Payroll Tax Cut to Stop C-19 Coronavirus’ Economic Pain

White House economic adviser Larry Kudlow said Tuesday that President Donald Trump wants to see a 7.6% cut in the US payroll tax, hoping it will help stop economic pain caused by the C-19 coronavirus chaos.

I know the President wants to see those folks that go back to work to get a 7.6% cut in their payroll tax, so their after-tax take-home pay goes up,” Mr. Kudlow said in a TV interview.

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Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.