Trump Reportedly Weighing 0% Payroll Taxes to Prevent Coronavirus-Induced Recession

Could a 0% payroll tax rate become a reality?

Trump has reportedly pitched the idea to Republican lawmakers as fears over the coronavirus shake investors on Wall Street.

The idea was to cut payroll taxes to 0% through the end of the year, though the idea of making the cut permanent was also discussed according to those at the meeting.

Whether or not the President’s pitch gains any traction, it proves one thing for certain: Trump continues to act like a Washington-outsider, unafraid to shake up the status quo!

If this passes, it would certainly be a historic moment and a brave act of leadership to protect American workers and jobs as the coronavirus unfolds. 

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