Treasury Secretary Steven Mnuchin confirmed the IRS will be extending the tax filing deadline three months to July 15 amid the ongoing coronavirus pandemic.
Taking to Twitter, Mnuchin shared the extension was at the behest of President Trump, who is enacting multiple policies to help alleviate problems for American families.
“At Donald Trump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties,” Mnuchin tweeted.
At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.
— Steven Mnuchin (@stevenmnuchin1) March 20, 2020
The extension effectively allows the government to “defer up to $300 billion in tax payments for three months. That move allowed individuals to defer up to $1 million and corporations to defer up to $10 million — interest-free and penalty-free,” Axios reports.
In addition to the tax extension, the Trump administration will be sending out checks to people who qualify for the coronavirus relief. The money, which will reportedly by $1,000 per adult and $500 per child, aims at helping those who have been furloughed or otherwise unable to work.
BREAKING: Treasury Secretary Steven Mnuchin announces that the deadline for filing U.S. income taxes has been moved from April 15 to July 15. https://t.co/g0p6KPh9x3
— The Associated Press (@AP) March 20, 2020
ABC News reports these policies are enjoyed by most Americans. A new poll shows 55 percent of Americans say the president is adequately handling the ongoing pandemic.
“In the new poll, 55 percent of Americans approve of the president’s management of the crisis, compared to 43 percent who disapprove. Trump’s approval on this issue is up from last week, when the numbers were nearly reversed. Only 43 percent approved of Trump’s handling of the pandemic and 54 percent disapproved in last week’s poll,” ABC News reports.
Over the course of a week, the president has shifted his approach and tone, giving daily briefings on the crisis since Saturday, alongside the White House task force leading the response to the coronavirus and announcing some severe measures to combat the virus. He’s also taken on a more somber tone, saying of his own tenor “people actually liked it” as the reality of the scale of the virus set in.
This week, 72% said their lives have been disrupted in some way by the coronavirus, either by canceling going out to dinner, taking a vacation, or attending religious services, among other options, a massive 46-point leap from last week when only about one-quarter of Americans said the same.
The poll conducted by Ipsos in partnership with ABC News, using Ipsos’ Knowledge Panel, asked Americans about the disruption to their daily lives amid more urgent efforts to contain the spread of the global pandemic, Trump’s response, and their concerns over contracting the virus.
The Trump administration is taking unprecedented action every day to keep Americans safe.
— Ronna McDaniel (@GOPChairwoman) March 20, 2020