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Trump: Payroll, Capital Gains Tax Should Be on Table for Relief

May 5, 2020, 6:53 PM

“Well run States should not be bailing out poorly run States, using CoronaVirus as the excuse!,” President Trump says in Twitter post.

  • Trump says “the elimination of Sanctuary Cities, Payroll Taxes, and perhaps Capital Gains Taxes” must be considered as well as lawsuit indemnification and business deductions for restaurants and entertainment businesses
  • Related: Trump Considering Tax Cuts for Businesses in Next Stimulus: NYT

To contact the reporter on this story:
Ben Livesey in San Francisco at blivesey@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Megan Howard

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