Epstein File EFTA01172026: Privilege and Payroll (DS9)

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Epstein File EFTA01172026: Privilege and Payroll (DS9)

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This document contains economic analysis and financial commentary discussing U.S. growth, ISM data, and payroll tax policy. The excerpt references Jan Loeys's economics analysis regarding ISM indicators, payroll tax cuts, and their fiscal impact on 2013 projections. The document appears to be marked with confidentiality and legal privilege notices.

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privilege payroll

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Excerpt 1

and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal **privilege**

Excerpt 2

Jan Loeys Economics - US growth upside due to ISM and à likely extension of the **payroll** tax cur is offset by greater weakenss in Asia.

Excerpt 3

But now Congressional leadership is signalling Europe Faed income they will likely extend the **payroll** tax cut for another year.