FMA Endorses Van Hollen Legislation to Make Payroll Tax Deferral Optional - October 9, 2020
On October 9, Senator Chris Van Hollen (D-MD) announced legislation to make the payroll tax deferral outlined by President Trump optional for any worker whose employer chooses to participate, including federal employees and service members. FMA endorsed the legislation, which is currently cosponsored by more than 15 Senators.
FMA National President Craig Carter offered a statement of support for the legislation in Senator Van Hollen's announcement:
“FMA argues that federal employees deserve to be allowed to choose whether to accept the payroll tax deferral or not. The lack of choice on this issue, and refusal to allow feds to choose how they want to pay their payroll taxes, hurts them rather than helping them. We commend Senator Van Hollen for his leadership and are proud to endorse the Protecting Employees from Surprise Taxes Act.”