03-07-2020, 01:44 PM
From a social order perspective, if our economy tanks,
Here are a few ideas getting kicked around, from The NY Times:
large-scale stimulus bill...
... tax relief for airlines and cruise ships, along with potential efforts to calm markets and reduce volatility in trading... a possible bank holiday, in which financial institutions are closed.
...reinstating the “uptick rule” (for stock short sellers)
...aid to sectors... like tourism
... allowing some industries to defer tax payments... talking to financial regulators about ways to allow banks increase lending to specific industries.
Mr. Trump has suggested that he would be happy to see Democrats in Congress move to cut payroll taxes for a year.
Here are a few ideas getting kicked around, from The NY Times:
large-scale stimulus bill...
... tax relief for airlines and cruise ships, along with potential efforts to calm markets and reduce volatility in trading... a possible bank holiday, in which financial institutions are closed.
...reinstating the “uptick rule” (for stock short sellers)
...aid to sectors... like tourism
... allowing some industries to defer tax payments... talking to financial regulators about ways to allow banks increase lending to specific industries.
Mr. Trump has suggested that he would be happy to see Democrats in Congress move to cut payroll taxes for a year.
“We do this thing not because it is easy, but because we thought it would be easy.”