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President Trump Demands Key Tax Cut Restored – He Wants “Phase 4” To Supercharge American Businesses
By Ben Dutka|April 10, 2020
President Trump Demands Key Tax Cut Restored – He Wants “Phase 4” To Supercharge American Businesses

In my view, Donald Trump is doing everything he can to keep this country afloat.

People need help and security during these trying times, and POTUS is trying to deliver exactly that.

For example, Trump just renewed his calls for a big tax cut, which would ease the strain on American businesses.

It’s called the CARES Act, and it’s a massive $2.2 trillion economic stimulus. It lets employers defer their payroll tax payments but doesn’t impact Medicare and Social Security.

It sounds like a darn good idea, doesn’t it?

Trump actually wanted these cuts done last month, but it didn’t happen. Now he’s hoping to get the cuts passed because yes, we really COULD use them.

Democrats don’t seem to be helping, though. As the President tweeted this morning:

 

Democrats are blocking a 251 Billion Dollar funding boost for Small Businesses which will help them keep their employees.

It should be for only that reason, with no additions. We should have a big Infrastructure Phase Four with Payroll Tax Cuts & more. Big Economic Bounceback!

We’re all hoping for a big bounceback, that’s for sure.

But if it’s going to happen, we can’t fall too far behind. Our businesses can’t suffer so much that they’re forced to close forever.

Trump wants these businesses to survive and push through this crisis. He wants to give them a temporary break, and it makes perfect sense to me.

The CARES Act should prove to be a huge boon for our economy, too. And Labor Secretary Eugine Scalia was optimistic as well:

We want to lay the groundwork now for a blue-collar bounceback.

We’ll get there in part by helping companies hold on to their workers, which is what the paycheck protection program does, keep them on payroll so that when businesses are ready to reopen, they have the workers they need.

Like I said, all this makes perfect logical sense. But it needs to get passed; businesses need to feel a little relief before it’s too late.

Let’s hope that relief comes sooner rather than later!

SHARE if you support Donald Trump’s tax cuts for businesses!

Source: Fox News

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Ben Dutka
Ben S. Dutka is a journalist, writer and editor with over two decades of experience. He has worked with three newspapers and eight online publications, and he has also won a Connecticut short story contest entitled Art as Muse, Imaginary Realms. He has a penchant for writing, rowing, reading, video games, and Objectivism.
Ben S. Dutka is a journalist, writer and editor with over two decades of experience. He has worked with three newspapers and eight online publications, and he has also won a Connecticut short story contest entitled Art as Muse, Imaginary Realms. He has a penchant for writing, rowing, reading, video games, and Objectivism.
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