Employers may not even bother cutting payroll taxes as President Trump has directed
Trump’s executive actions include a temporary payroll tax cut and a call for states to help pay more in unemployment benefits. Those things might not be so easy to carry out. The EPA’s methane emissions rules. The dollar’s downward drift.
Julia Coronado, president and founder of MacroPolicy Perspectives, says President Trump is calling for a whole new system, which could cause delays for people receiving unemployment.