President Trump, “Stimulus Bill ‘Must’ Include Payroll Tax Cut”

President Trump, “Stimulus Bill ‘Must’ Include Payroll Tax Cut”

#PresidentTrump #taxcut #stimulus #payroll #WhiteHouse #C19Coronavirus #money The White House is signaling to Congress that President Trump will veto a new C-19 coronavirus aid bill if it does not include a payroll tax cut, adding a new complication to already contentious negotiations. “President Trump wants to provide relief to hardworking Americans who have been impacted […]

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 […]

Trump Tax Cut 2.0 in the Works

Trump Tax Cut 2.0 in the Works

The White House continues to work on a tax-cut plan in hope that Republican lawmakers will be in control of Congress after the Y 2020 elections, President Trump’s top economic aide Larry Kudlow said. “I am still running a process of Tax Cuts 2.0,” Mr. Kudlow said in a TV interview Wednesday. “We’re many months away.” The […]

The US Economy is Rolling Along on Truck Tires

The US Economy is Rolling Along on Truck Tires

The US Economy is Rolling Along on Truck Tires Real GDP may be starting to do so at a faster speed now, exceeding the so-called 2% “stall speed,” which was the so-called “New Normal” from mid-2010 through Q-1 of Y 2018 Consider the following: A Supercharged Quarter: Friday, the Atlanta Fed’s GDPNow model boosted the Q2-2018 real […]