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So, Trumbo, What Help You Giving to Me?
Payroll tax cut EO, really?
What part about that relief helps those of us who aren’t out looking for new waterfront bungalows? #Toolbag #FingaBangUSA #HeBelievesInGod? #DingDongDonny |
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everyone who makes less than 104k a year, will get a big increase in take home pay. their take home pay will increase by 7.65% ( i think) of their gross pay. how many people making less than 104k a year, are looking for waterfront bungalows, do you think? you only pay payroll taxes on approximately the first 135k of gross pay. meaning, anyone who has made more than 135k already this year, sees no benefit. isn’t that right? unless i’m wrong, this can’t help the wealthy. Posted from my iPhone/Mobile device |
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He also signed an executive order protecting pre existing conditions
Funny they are all ready protected under ACA Obama care Trump playing arsonist and firefighting hero .. but Jim's got his back Tump just bought a vote and looking for more This is what Authoritarianism looks like |
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guess what? a payroll tax cut doesn’t help me one cent. not one cent. i will not benefit one single penny, so it didn’t buy my vote. i’m not even saying i agree with a payroll tax cut, as SS has enough problems with funding. what i’m saying, is that this cut, by definition, does nothing to help the wealthy. maybe business owners? if they no longer need to pay the 7.65% for their employees? but this cut does plenty to help average working joes. everyone who makes less than 104k a year, is going to see a very nice bump on their paychecks. a very nice bump. 7.65% of your gross is a big deal. did you complain about authoritarianism when obama signed executive orders? or is it only problematic for you when republicans do it? Posted from my iPhone/Mobile device |
“All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives.”
Those were the days... Posted from my iPhone/Mobile device |
People may see nothing actually, it’s just a deferral and employers may withhold it because the taxes will eventually have to be paid. It’s a terrible order that almost nobody supported.
Posted from my iPhone/Mobile device |
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Did you read the details it's not a payroll tax cut it's a deferment,, In essence, the deferral is an interest-free loan that would have to be repaid. “If I win, I may extend and terminate,” Trump said, repeating a longtime goal but remaining silent on how he’d fund the Medicare and Social Security benefits that the 7% tax on employee income covers. Employers also pay 7.65% of their payrolls into the funds. He is going to ruin America by spending money that's not his just like how he ran his business.. shocking. How do people pay back a loan they never wanted? |
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The story is that he can’t make a deal and wants to go alone every time, he can’t effectively govern.
No surprise there Posted from my iPhone/Mobile device |
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Sorry, I just wanted to sound like Bones there for a second. All I’m trying to illustrate is that they payroll tax cut ONLY helps you if you have an actual job. For people like me whose whole company got nuked on April 1st, it doesn’t mean anything to me. So, yeah, I’m pretty bitter. My wife went from making $1000 a week to $100 a week, as well. Her job gave her 9 hours last week. So, while there may be people out there that might benefit from this, unfortunately it’s kinda stressful when you gotsta come up with bill money and combined, my family worked 9 hours last week. This is no joke. For me, it’s an emergency. So, yeah, I’m not out looking at waterfront bungalows, or picking daisies, or whatever the people who didn’t have their lives totally disrupted by COVIDgate. And I build accounting interfaces that put together automated P&L’s. I’m well aware about EXACTLY what payroll tax is, what it does, and also how much it breaks down as a percentage of gross. Wanna talk about Controllable G&A or ask about Advanced Principles of Depreciation percentage? I’m all ears. Love, The Poster Posted from my iPhone/Mobile device |
Good luck Rick
Maybe you can start a cart retrieval and repair business on CH.:) |
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and make less than 104k a year? teachers don’t pay into SS, i guess they won’t see anything. who else won’t? Posted from my iPhone/Mobile device |
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relief to people with jobs. and it’s cut off at i come of 104k. so the wealthy aren’t benefiting. i also have no problem, none whatsoever, with paying higher taxes to help people like you. that was the problem with the last stimulus, it went to people who weren’t impacted by this at all. if you know that much, you shouldn’t be saying “there might be some people who benefit.”. tons of people will benefit. good luck, seriously and sincerely. Posted from my iPhone/Mobile device |
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I appreciate it. Been a tough year. Posted from my iPhone/Mobile device |
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like a sharp guy, it will pass. and the thing about tough times? i think that people who have been down, appreciate the good times, more than people who have never been down. i look forward to the day when it’s all behind you, and i mean that, and i hope you come out better and stronger. Posted from my iPhone/Mobile device |
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