Further, the Institute on Taxation and Economic Policy noted that a payroll tax cut – which is another measure the president said this week he would like to see implemented – would largely benefit the wealthiest 20 percent of taxpayers. That’s because it would benefit those who were still employed, with bigger benefits reaped by individuals with more earnings. Read more
April 9, 2020
Fox News: Coronavirus tax deadline delay: How it could hurt certain taxpayers
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