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Payroll Tax Deferral Begins Today

If your company is participating.

Rather than send out another check, Trump instead issued a payroll tax deferral. That means that the money you usually pay into Social Security won’t be coming out of your check through the election end of the year.

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Of course, this is a deferral, not a holiday, so the money you don’t pay now will have to be paid next year.

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