A payroll tax cut must be in the offer in the next coronavirus relief package, said the White House earlier this week.
“As he has done since the beginning of this pandemic, President Trump wants to provide relief to hardworking Americans who have been impacted by this virus and one way of doing that is with a payroll tax holiday,” White House spokesman Judd Deere said in a statement. “He’s called on Congress to pass this before, and he believes it must be part of any phase four package.”
The U.S. President Donald Trump has made tax cuts part of his public appeal since taking office in 2016.
In a press report in May, the president said that he had told Treasury Secretary Steven Mnuchin that “we’re not doing anything unless we get a payroll tax cut.”
On the other hand, the Democrats are not so keen on such an exercise.
The top Democrat on the Senate Finance Committee, Sen. Ron Wyden (D-Ore.), said that “a payroll tax cut would do nothing to help the 20 million workers who have lost their jobs, and little for those working significantly reduced hours.”
He said that a better course of action would be to extend the enhanced unemployment benefits set to expire at the end of the month.
Carol May, Readers Bureau, Contributor
Edited by Jesus Chan
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