{"id":39878,"date":"2020-08-04T01:46:00","date_gmt":"2020-08-03T22:46:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/trump-floats-payroll-tax-cut-by-executive-order\/"},"modified":"2020-08-04T01:46:00","modified_gmt":"2020-08-03T22:46:00","slug":"trump-floats-payroll-tax-cut-by-executive-order","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/trump-floats-payroll-tax-cut-by-executive-order\/","title":{"rendered":"#Trump floats payroll tax cut by executive order"},"content":{"rendered":"

“#Trump floats payroll tax cut by executive order<\/strong>”<\/p>\n

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August 3, 2020 |<\/span> 6:46pm <\/p>\n

\n President Trump on Monday said that he may order a payroll tax cut via an executive order to boost the economy during the coronavirus pandemic.<\/p>\n

\u201cI can do that also through an executive order, so we\u2019ll be talking about that,\u201d Trump said at a White House press briefing.<\/p>\n

Trump has lobbied for months for a temporary payroll tax cut, arguing it would directly boost worker wages after widespread salary cuts.<\/p>\n

The idea found little support on Capitol Hill, even among Republican senators, who unveiled a $1 trillion coronavirus relief package last week that would send another round of $1,200 stimulus checks to most people \u2014 a policy Trump also supports.<\/p>\n

Democrats passed a rival $3 trillion package in the House in May that included almost $1 trillion in aid for state and local governments.<\/p>\n

\u201cThey want to bail out cities and states that have been in trouble from years of bad management \u2014 in all cases Democrat-run cities, and we don\u2019t think that\u2019s fair,\u201d Trump said.<\/p>\n

Using an executive order to cut taxes has been more commonly discussed to index capital gains to inflation, which would lower taxes on real estate and stocks owned for a long period of time. There are different legal opinions on whether that\u2019s feasible.<\/p>\n

Trump shelved indexing capital gains last year after deciding it would disproportionately benefit the wealthy.<\/p>\n

\u201cIndexing, it\u2019s got its fans and it\u2019s got its opponents, and I would say they are split 50-50,\u201d Trump told The Post in May. \u201cLook, there is no panacea other than hard work. But it\u2019s something that I\u2019ve been thinking about.\u201d\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Trump floats payroll tax cut by executive order” August 3, 2020 | 6:46pm President Trump on Monday said that he may order a payroll tax cut via an executive order to boost the economy during the coronavirus pandemic. \u201cI can do that also through an executive order, so we\u2019ll be talking about that,\u201d Trump said…<\/p>\n","protected":false},"author":1,"featured_media":39879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[48292],"class_list":["post-39878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-trump-floats-payroll-tax-cut-by-executive-order"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/39878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=39878"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/39878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/39879"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=39878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=39878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=39878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}