In the 401(k) world, an analogy to the payroll taxholiday would be allowing savers to tap assets tax free. (Photo:Shutterstock)
Reports alleging the Trump administration was mulling a payrolltax holiday to ward off recession fears were walked back—kind of—byPresident Trump in an impromptu press conference yesterday on thesouth lawn of the White House.
"I'm not looking at a tax cut now. We don't need it, we have astrong economy," the President said.
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