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Team Trump eyes payroll tax cut to spur economy: report

Posted on AllSides August 20th, 2019
From The Right
business, payroll tax cuts, White House

Team Trump is considering a temporary payroll tax cut to stimulate the economy and avoid a slowdown — or even a recession, a new report said Monday.

The plans reveal the administration’s top economic aides’ growing concerns about a possible slowdown as the 2020 election nears — despite President Trump’s glowing reviews of the US economy, The Washington Post reported.

A White House spokesperson denied a payroll tax cut is under consideration “at this time.”

The Washington Post reported that talks were still in their early stages, and officials have...

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