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Jim in CT · 03-11-2020, 12:50 PM

Payroll tax is about 14%, employer pays half, employee pays half. Those who are self employed pay the whole 14%.

In 2010, Obama proposed to cut payroll tax rates, and democrats thought it was a swell idea.

Today, Trump wants to temporarily eliminate the tax, and the democrats are vehemently opposed, though i didn’t see any articles that specified why.

A payroll tax holiday would boost everyone’s take home pay, especially those who are self
employed.

There are some things big sides agree on, like some
kind of income protection for those who can’t work from home. Glad no one disagrees on that.

03-11-2020, 12:50 PM	#1
Jim in CT Registered User Join Date: Jul 2008 Posts: 20,441	Why do democrats oppose Trumps payroll tax holiday? Payroll tax is about 14%, employer pays half, employee pays half. Those who are self employed pay the whole 14%. In 2010, Obama proposed to cut payroll tax rates, and democrats thought it was a swell idea. Today, Trump wants to temporarily eliminate the tax, and the democrats are vehemently opposed, though i didn’t see any articles that specified why. A payroll tax holiday would boost everyone’s take home pay, especially those who are self employed. There are some things big sides agree on, like some kind of income protection for those who can’t work from home. Glad no one disagrees on that.