White House says payroll tax cut for employees could come in ‘Phase 4’ coronavirus relief package
April 17, 2020 / By John Roberts, Brooke Singman | Fox News
President Trump is hoping to include a payroll tax cut for employees as part of a Phase 4 stimulus relief package, as the Trump administration remains confident that a deal could be struck next week on a separate plan to replenish the Payment Protection Program, Fox News has learned.
A senior administration official told Fox News Friday that the president would like a payroll tax cut for employees—an expansion of what was rolled out in the $2.2 trillion CARES Act last month.
Under the current Phase 3 stimulus relief package, employers received a payroll tax cut, but the president is working to ensure that employees are covered by that tax cut in Phase 4 — especially as individuals become eligible to return to work.
Last month, the president called for an additional $2 trillion for Phase 4 of the coronavirus stimulus relief plan and said it should focus on infrastructure.
