Forbes: President Trump Says Next Stimulus Package Must Have Payroll Tax Cut

Who would this benefit? The Institute on Taxation and Economic Policy did an analysis in mid-March that showed a complete elimination of the payroll tax would most benefit the top 20% of income earners.

65% of the benefits would go to the richest 20% of taxpayers – in part because many high earners are also business owners. Eliminating a payroll tax would eliminate it for employers as well. Read more