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SEPTEMBER 2, 2020

Private payrolls grow by 428,000

Private payrolls rose by 428,000 in August, according to a report from ADP, Big business led the way with 298,000 new workers. Leisure and hospitality was the top sector with 129,000 new jobs, followed by education and health care.


Antifa 'commander' cried in 'fetal position' after being caught with flamethrower, smoke grenades on way to protest

A Wisconsin man was caught with a flamethrower, smoke grenades, and fireworks while headed toward a protest in Green Bay over the weekend, WBAY-TV reported.

A responding officer says he saw four individuals walking towards a protest with baseball bats. One man was wearing a metal helmet with goggles and military-style gear with multiple pouches, and was carrying an Antifa flag. When the officer pulled his squad car in front of the group, they ran away. The officer caught Banta, who was carrying the flag, and says Banta "dropped into the fetal position and began crying." He accused the officer of lying on him; the officer replied nobody was on him.


Payroll Tax Cut Starts Today

Trump’s payroll tax cut, which he issued through an executive memorandum, has important implications for your paycheck. Suspension of payroll taxes is one of Trump’s top priorities. When Congress did not include a payroll tax cut in a potential stimulus deal, Trump used executive action on August 8 to introduce a payroll tax holiday.

This is a temporary payroll tax cut that will last from September 1, 2020 until December 31, 2020.

  • During this period, certain employees will not have to pay a payroll tax, which is 6.2% for Social Security.

  • The payroll tax cut applies to individual employees who earn less than $4,000, before taxes, during any bi-weekly paycheck period. This equates to $104,000 per year for a salaried employee.

  • Employees will not be financially responsible for any penalties or late fees assessed on the amount of the payroll tax that is deferred.

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