Some Large Employers Reject Trump’s Payroll-Tax Deferral Plan

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Some of the largest U.S. employers say they won’t stop collecting employees’ Social Security payroll taxes, despite President Trump’s deferral offer

Some of the nation’s largest employers—including CVS Health Corp., Wells Fargo & Co. and the U.S. Postal Service—say they won’t implement President Trump’slets employers stop withholding

“We have reviewed the guidance issued by the U.S. Treasury Department and the IRS and have determined that participating in this optional deferral program is not in our employees’ best interest,” said Michael DeAngelis, a spokesman for CVS Health.

Source: Healthcare Press (healthcarepress.net)

 

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Trump will defer payroll taxes for Americans earning less than $100,000 a year, implement a moratorium on eviction & give financial assistance to renters, adds $400 a week in extra unemployment benefits through the end of 2020, requiring states to cover 25% of additional benefits

Now stop forcing it on government employees because it's a scam!! idiotinthewhitehouse

When benefits exceed their wages, they choose to give up their jobs and go on the dole.

Trump's financial philosophy for everything

What idiot would?

So if he wins and delay turns into cancel these employers are gonna do what to get money back to employees?

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