Trump said he was not considering a pay cut.

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      U.S. President Trump said Wednesday that he was not considering cutting payroll taxes or linking capital gains tax to inflation. The latter can reduce taxes paid by investors for profits from asset sales.
On Tuesday, Trump said he had seriously considered linking capital gains to inflation, and the White House had been considering cutting payroll taxes. Salary tax is used to fund Medicare Medicare and Social Security programs for the elderly. But on Wednesday he said the U.S. economy was strong and no tax cuts were needed.
Trump said he studied linking capital gains tax to inflation, but believed it would help high-income people, and he wanted to help workers.


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