Lowering Payroll Taxes The 2025 tax plan may propose lowering payroll taxes, which fund Social Security and Medicare. Reducing payroll taxes would increase take-home pay for workers, giving them more spending power. Proponents argue that this measure would help stimulate economic growth by increasing consumer demand. However, critics warn that lowering payroll tax revenue could put S... https://www.federalpensionadvisors.com/post/trump-child-tax-credit-2025