Donald Trump
Photo: The White House / youtube.com
Tax holidays will begin on 1 September, or retroactively from August 1 and will last until the end of 2020.Trump also announced the extension of the moratorium on evictions and deferral of payments on student loans
Moscow-Live.ru / Akishin Vyacheslav
The President of the United States Donald trump announced on Saturday at a press conference that bypass Congress has taken a number of steps to support the economy, reports RIA “Novosti”. Stream presidential press conference in Bedminster state new Jersey was conducted on the White house website.
“I declare tax holiday for the tax on salaries to those who earn less than 100 thousand dollars a year,” added trump. According to him, these vacations will last either 1 September, or retroactively from August 1 until the end of the year. About 98% of Americans earn less than this amount.
According to trump, he ordered to be unemployed as advanced payments for more than $ 400 a week. A quarter of these expenses will pay the States.
Tax holidays will begin on 1 September, or retroactively from August 1 and will last until the end of 2020.
Trump also announced the extension of the moratorium on eviction and defer payments on student loans. “That’s generous, but we want to take care of our people,” said trump take action.
The White house explained that these ordinances needed to stimulate the U.S. economy on the background of the pandemic coronavirus.
The white house and opposition Democrats in Congress are negotiating on a new package to support the economy in addition to the already approximately 3 trillion dollars that were previously allocated by Congress.
The stumbling block is the matter of unemployment benefits in the amount of $ 600 per week, which operated from spring to August 1. Republicans and Democrats cannot agree on how to extend help.