That’s why payroll taxes have been cut before to stimulate the economy, and it seems to have worked. If you don’t have a job, you’re not paying payroll tax. So eliminating the payroll tax wouldn’t put any more money in your pocket. Cutting or eliminating the payroll tax wouldn’t help them in any way that I can see. Should we cut taxes for the highly paid as part of an emergency stimulus package to help people in need?

Source: Washington Post July 20, 2020 13:04 UTC