PAYROLL TAX DEFERMENT: MEDICARE, SOCIAL SECURITY AND EMPLOYEES

September 4, 2020 Leave a comment

Some companies don’t want to defer the tax payments because employees will not have the capacity to repay the deferments later. Political pressure to cancel the deferment debts will cut the revenue sources to pay into Medicare and Social Security.

Filed under Economy, Politics

Unknown's avatarAbout Stephen E. McGaughey
Resident of the City of Coral Gables; Formerly with Inter-American Development Bank, Senior Environmental Project and Policy Leaders, Agricultural Economics, Forest Sector Projects and Policies, Country Representative Financing in El Salvador and the Dominican Republic

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