What a payroll tax cut could mean for Social Security, Medicare and consumer spending
March 11, 2020 at 15:18 PM EDT
While President Donald Trump has proposed a 0% payroll tax rate for the rest of 2020, such a move could have big consequences for programs like Social Security and Medicare that rely on those taxes. And those cuts might not necessarily lead to higher consumer spending. Experts weigh in on how such a change could pan out.
