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Trump’s stimulus orders don’t seem to be feasible or legal, experts say

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President Donald Trump’s executive order and memorandums to provide relief during the coronavirus pandemic don’t seem feasible or legal, experts said Saturday.

Trump made an end run around Congressional Democrats with an executive order and three memoranda aimed at boosting the economy, but analysts said the wording of the orders raised more questions than answers.

Read:Trump extends unemployment benefits, defers payroll tax

For instance, the executive order will allow companies to avoid collecting payroll taxes, but analysts said workers would still be on the hook to pay the taxes by next April 15.

Trump has been a big fan of a payroll…



Source marketwatch.com

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