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Payroll tax holiday will cover the self-employed: Kudlow

Payroll tax holiday will cover the self-employed: Kudlow

U.S. President Donald Trump's efforts to give workers a break on payroll taxes will apply to selfemployed individuals, White House economic adviser Larry Kudlow said on Thursday, but gave no other details.

  • Reuters
  • Last Updated: August 13, 2020, 7:54 PM IST
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WASHINGTON U.S. President Donald Trump’s efforts to give workers a break on payroll taxes will apply to self-employed individuals, White House economic adviser Larry Kudlow said on Thursday, but gave no other details.

Kudlow, speaking to reporters at the White House, said a “technical change” would have to be issued to Trump’s memorandum released on Saturday calling for payroll taxes to be deferred amid the COVID-19 pandemic in order to include people who work for themselves.

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  • First Published: August 13, 2020, 7:54 PM IST
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