September 9, 2020

Holcomb Says No To Payroll Tax Deferral For State Employees

Article origination IPBS-RJC
Gov. Eric Holcomb said Indiana won’t participate in the payroll tax deferral for state workers offered by President Donald Trump last month. - Lauren Chapman/IPB News

Gov. Eric Holcomb said Indiana won’t participate in the payroll tax deferral for state workers offered by President Donald Trump last month.

Lauren Chapman/IPB News

Indiana won’t participate in the payroll tax deferral for state workers offered by President Donald Trump last month.

The Trump executive order allows employers to push back payroll taxes from September through the end of December for employees making less than four thousand dollars every two weeks.

But Gov. Eric Holcomb said Indiana state government declined to do so.

“It’s a delay and you end up having to pick up in January and pay double,” Holcomb said.

Join the conversation and sign up for the Indiana 2020 Two-Way. Text "elections" to 73224. Your comments and questions in response to our weekly text help us find the answers you need on COVID-19 and the 2020 election.

Trump officials have floated the idea of forgiving those deferred taxes entirely – but Congress would need to approve such a move and it’s unclear whether it will do so.

Contact reporter Brandon at bsmith@ipbs.org or follow him on Twitter at @brandonjsmith5.

Support independent journalism today. You rely on WFYI to stay informed, and we depend on you to make our work possible. Donate to power our nonprofit reporting today. Give now.

 

Related News

House bill aims to bolster nuclear, retain coal and gas plants for AI data centers
Indiana Black Caucus said Braun's DEI order sends message that Indiana doesn't care about fairness
Bill would cut Indiana individual income tax rate more in future, if state revenues grow