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Tag: cut
Payroll tax cut would be better than a rate cut — but still wouldn’t stop economic fallout
The prospect of a payroll tax cut and other fiscal stimuli seemed to partly reverse Monday’s record market sell-off, even as details remained murky — […]
OPEC and allies agree to historic oil production cut
Oil prices moved higher early Monday morning stateside after OPEC and its allies agreed to cut production by 9.7 million barrels per day. The deal, […]
Slash 401(k) plans, cut salaries or furlough workers?
With no revenue coming in and government relief frequently tied up in red tape, businesses across America are weighing bleak options to stay afloat, and […]
Crucial deal to cut oil production hangs in the balance as Mexico balks
A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share of […]
Trump proposes payroll tax cut, other measures to offset coronavirus economic damage
President Donald Trump said Monday that he is looking at a possible payroll tax cut, along with other measures, to help American workers and boost […]