Trump threatens to veto GOP relief bill unless it includes payroll tax cut that favors the rich

AlterNet logoPresident Donald Trump threatened to veto the Republican coronavirus relief proposal unless it includes a payroll tax cut, which would overwhelmingly benefit the rich and potentially cut funding for Social Security and Medicare.

Trump confirmed reports about his push to include a payroll tax holiday in an interview with Fox News that first aired on Sunday.

“I would consider not signing it if we don’t have a payroll tax cut,” Trump said, claiming that “a lot of Republicans like it.” Continue reading.