While the United States has long argued for an open global internet, Mr. Trump’s bans against foreign services like WeChat and TikTok have begun to reverse that trend. His moves echo earlier actions by China, which has long banned American services like Twitter and Facebook that it cannot censor directly.
Companies that did not withhold the taxes — meaning workers received a bigger paycheck — would then be responsible for paying back the money from January through April, by withholding twice the normal amount of the tax. If an employee left the company before the repayment was complete, the business
It is an enduring political question amid a pandemic recession, double-digit unemployment and a recovery that appears to be slowing: Why does President Trump continue to get higher marks on economic issues in polls than his predecessors Barack Obama, George W. Bush and George H.W. Bush enjoyed when they stood
WASHINGTON — China and the United States once acted like opposites when it came to governing the internet.
Beijing imposed a heavy state hand. It blocked major foreign websites, sheltered Chinese tech firms as they developed alternatives to Western rivals and kept a tight grip on what people said online.
“Since employees must still pay those taxes next year, this order is really an offer of a zero-interest loan rather than an actual reduction in tax liability,” said Michael Feroli, economist at J.P. Morgan. “It remains quite unclear whether employers will actually change withholding schedules, particularly if it could lead
You would still owe your payroll taxes under the terms of the president’s memorandum, and so would your employer, if you have one. What might change would be when some of the taxes for the period from Sept. 1 to Dec. 31 are due.
If you are
