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Old 08-09-2020, 08:20 AM   #7
wdmso
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Join Date: Jun 2012
Location: Somerset MA
Posts: 9,381
Quote:
Originally Posted by Jim in CT View Post
the poster said that a payroll tax cut only helps the wealthy. i pointed out how demonstrably wrong that is. i’m sorry that you can’t handle any and all facts which don’t serve liberalism.

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
I agree but for many ,,, people who make a 100k are considered wealthy


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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