US Chamber Of Commerce Urges Congress To Suspend Payroll Taxes, Take Other Actions To Combat Coronavirus

US Chamber Of Commerce Urges Congress To Suspend Payroll Taxes, Take Other Actions To Combat Coronavirus

Chamber suggests suspending payroll taxes for three months, making Small Business Administration disaster loans available and developing credit facilities for big businesses

The Senate takes up House passed coronavirus aid package Monday

At least 4,000 Americans have been infected by coronavirus with about five dozen deaths The U.S. Chamber of Commerce on Monday advised President Trump, House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell to suspend payroll taxes, streamline loan programs for small businesses and create credit facilities for big businesses to ease the economic effects of the coronavirus.The suggestion came as Sen. Mitt Romney, R-Utah, suggested […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.