Conservatives urge Trump to take unilateral action to suspend payroll tax collection
By Naomi Jagoda - 08/03/20 01:40 PM EDT
Stephen Moore, a member of the White House's economic recovery task force, is urging President Trump to direct the IRS to suspend collecting payroll taxes, arguing that doing so would help the middle class and benefit the president politically.
"He should declare a national economic emergency and announce that the Internal Revenue Service will immediately stop collecting the payroll tax," Moore, along with Phil Kerpen, wrote in an op-ed Sunday in The Wall Street Journal. Moore is a co-founder of the conservative Committee to Unleash Prosperity, and Kerpen is the group's president.
Trump has repeatedly called for a payroll tax cut as the U.S. economy struggles under the coronavirus pandemic, but the idea has been rejected by congressional leaders on both sides of the aisle.
During an interview on Fox Business Network on Monday, Moore said that the White House is considering the idea discussed in the op-ed.
more
https://thehill.com/policy/finance/510285-conservatives-urge-trump-to-take-unilateral-action-to-suspend-payroll-tax
