The loss of heath care coverage highlights a huge difference between the Democrat and republican proposals: https://www.nytimes.com/2020/07/13/us/politics/coronavirus-health-insurance-trump.html
I welcome his payroll tax cuts, at least those of us working will end up with extra money to continue saving. May not help the economy and definitely won't help the unemployed, but those of us who make decent money will get extra money to save and not help the economy. I swear, payroll tax cuts are stupid. They provide help to almost nobody, companies get a little money back to give to their shareholders/board of directors and you further strain social security/medicare funds. Just brilliant lol.
Good luck getting the states to implement this new UI amount. I will say it's better than nothing for some folks but this has to be a complicated process to put into place if it's even legal.
Payroll tax makes no sense. If you are paying payroll tax, you are likely still employed and don't need assistance.
As an SBO, I appreciate the payroll tax cut. Without the PPP and this potential cut, probably would take a big loss this year. Still might.