University of Pennsylvania Wharton School Budget Model Analyzes Trump Stimulus Proposal
March 13, 2020
March 13, 2020
PHILADELPHIA, Pennsylvania, March 13 -- The University of Pennsylvania's Wharton School issued the following news release:
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- Payroll tax holiday would cost more than $800 billion, leave out low-income households
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In response to the economic effects of the coronavirus (COVID-19), the Trump administration has called for a temporary payroll tax holiday that would eliminate all Social Security and Medicare payroll taxes.
Pen . . .
* * *
- Payroll tax holiday would cost more than $800 billion, leave out low-income households
* * *
In response to the economic effects of the coronavirus (COVID-19), the Trump administration has called for a temporary payroll tax holiday that would eliminate all Social Security and Medicare payroll taxes.
Pen . . .