Aug 10, 2020

Employers may not even bother cutting payroll taxes as President Trump has directed

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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.

Segments From this episode

Even with the payroll tax cut from Trump's executive action, companies might continue withholding

There's a lot of ambiguity to employers as to whether they're even allowed to reduce the withholding.
Jim Watson/AFP via Getty Images

Trump seeks to boost unemployment benefits with executive action

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.

Is the dollar no longer king in the international economy?

Aug 10, 2020
Pick a currency, any currency. Chances are, it gained against the U.S. dollar last month.
It won't be easy to knock off the U.S. dollar. When governments save their money, they overwhelmingly save in dollars.
Mark Wilson/Getty Images

Music from the episode

Rising Son Takuya Kuroda

The team

Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Candace Manriquez Wrenn Producer/Editor
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Rose Conlon Producer
Erika Soderstrom Producer/Director