Trump appointees have been left furious after being asked to 'immediately' pay thousands of dollars

[Yo_Mama_Been_Loggin]

in deferred payroll taxes, which they thought would be forgiven

Some staffers from President Donald Trump's administration have reportedly seen their tax bills spike as they're being asked to pay payroll taxes deferred by the president.

Politico reported that members of Trump's administration have reportedly been receiving letters asking them to pay Social Security taxes that were deferred, with at least one bill reaching $1,500.

"If the indebtedness is not paid in full within 30 calendar days, we intend to forward this debt to the Department of Treasury, Treasury Offset Program, for further collection," said a copy of a letter sent May 18, 2021, by an accounting officer from the Office of Administration.

Trump set the policy on August 8, 2020, in a memo to Treasury Secretary Steven Mnuchin, directing Mnuchin to defer some payroll taxes to "put money directly in the pockets of American workers" who needed it most.

https://www.msn.com/en-us/news/politics/trump-appointees-have-been-left-furious-after-being-asked-to-immediately-pay-thousands-of-dollars-in-deferred-payroll-taxes-which-they-thought-would-be-forgiven/ar-AAKvvR0

They got chumped by Trump. Hopefully they'll learn from this.

[ProudMNDemocrat]

1. And they thought they were being given a FREE RIDE?

Where's Foghat when you need them?

[dawg]

6. They need Edgar Winter.

Foghat will give them a slow ride, but not for free.

[ProfessorGAC]

8. Actually, That's Dan Hartmann

He was the bass player in Edgar's band, but he wrote & sang that song.
Super voice!

[MyOwnPeace]

2. Aw, what a great 'boss' you had!

[C_U_L8R]

3. Trump was running a scam to get elected

One of many. They all failed.

And his supporters will rightly reap ruin for Trump's idiotic, fraudulent and even traitorous actions.

[TreasonousBastard]

4. Fuck 'em. The deferral was well known, even to me, and gummint employees...

have no excuse to not know.

Unless, of course, they were there simply to grift, not work.

[COL Mustard]

21. If These Were Senior Level Employees,

The deferral didn't apply to them. I'm a senior rank-and-filer and I know it didn't apply to me. I was glad about it too.

I think for us the cutoff was $4000 a pay period. So I'm not sure who these officials were, but yeah, Uncle wants his money back.

[JHB]

5. What part of "Trump" did they not understand?

[WA-03 Democrat]

18. Ha!

Just because it happened in the past does not mean it will happen in the future. The exception to this rule is Trump. This name is the universal sign for a con, scam or grift.

[FakeNoose]

7. It would be interesting to find out how Chump managed to do this

I'm retired now, but I've worked for most of my life at many different companies. None of the companies I worked for decided what my withholding amount would be.

I was always asked to fill the form (I think it's called W-4) in which the employee says how many dependents, other withholding, etc. It must be signed and dated by the employee, and that's used to calculate each person's paycheck.

However Chump managed to work around this for certain employees, it had to be illegal.

[gab13by13]

10. I don't think W-4's were available, I saw the scam too.

I am also retired but we could still have SS make deductions to our payments, which I did. I also made deductions to my pension.

I found it amazing that the freedumb party allowed MF45 to withhold those W-4's. I think he promised them the taxes would be forgiven.

[ShazzieB]

16. He probably did promise them that.

We all know how good Chump is at making "promises." The problem is that to him, "promise" means "say whatever you feel like saying, then forget about it as soon as the words leave your mouth." Easy to do when you have no conscience whatsoever.

[Ms. Toad]

19. He issued an executive order - for all US employers (not just the feds)

authorizing employers to stop withholding certain Social Security payments through the end of the year in order to make people feel as if they had more pocket change.

If you didn't get hit with repayment of the deferred SS tax collection, then your employer has a brain or two.

The taxes still had to be paid - they would just be deducted during the first few months of this year (making your paycheck smaller because Biden won). But if you're no longer employeed, the employer can't make the make-up deductions.

He expected to be elected president and then turn the delay into a permanent waiver - so he didn't get hit with the blame he schemed to heap on Biden.

It was the employer's decision to follow Trump's advice - and I don't think many did. I predicted at the time it would be a disaster.

Here's an article that helps explain it:

https://www.chicagotribune.com/business/ct-biz-trump-social-security-payroll-tax-20200831-fyay6w3p4febpbsh575nmewera-story.html

[bringthePaine]

9. for everyone else, the laughs are free🤣🤣🤣🤣🤣😃

[llashram]

11. and I hope

the interest just keeps rolling on like a tumbleweed in a wind storm...

[stillcool]

12. that's what happens when you work for

a con. Can't imagine why they would be surprised. Guess they thought they were different from all those who came before.

[Ms. Toad]

20. This has NOTHING to do with working for Trump.

It was an executive order - but it applis to ALL employers (with a few exceptions) to defer collecting SS taxes for the remainder of 2020 - and to shift the tax bill to 2021.

Most employers were smart enough to not want the hassle in 2021, when they had to take double wthholdings. But some/much of the feds went along with it.

[stillcool]

26. well...I guess you told me...

I was just reading the words as they appeared on the page. Very sorry if that upset you.

Trump appointees have been left furious after being asked to 'immediately' pay thousands of dollars
in deferred payroll taxes, which they thought would be forgiven

Some staffers from President Donald Trump's administration have reportedly seen their tax bills spike as they're being asked to pay payroll taxes deferred by the president.

Politico reported that members of Trump's administration have reportedly been receiving letters asking them to pay Social Security taxes that were deferred, with at least one bill reaching $1,500.

[Ms. Toad]

27. Also from the article-

Trump set the policy on August 8, 2020, in a memo to Treasury Secretary Steven Mnuchin, directing Mnuchin to defer some payroll taxes to "put money directly in the pockets of American workers" who needed it most.

. . .

As many as 1.3 million federal workers may have had some of their payroll taxes deferred under the measure, as Insider reported in September. Under the plan, earners paid less than $4,000 every two weeks wouldn't have to pay the 6.2% tax out of their paychecks from September through the end of the year.

Repayment of the employee's portion of the deferral started January 1, 2021 and will continue through December 31, 2021. Payments made by January 3, 2022, will be timely because December 31, 2021, is a holiday. The employer should send repayments to the IRS as they collect them. If the employer does not repay the deferred portion on time, penalties and interest will apply to any unpaid balance.

Employees should see their deferred taxes in the withholdings from their pay. They can check with their organization's payroll office for details on the collection schedule.

https://www.irs.gov/newsroom/what-employers-need-to-know-about-repayment-of-deferred-payroll-taxes

This disaster-in-the-making was discussed quite a bit at the time. What distured me was suggesting those impacted by it were to blame because they chose to work for Trump, when this disaster was imposed on many innocent people whose employers chose to follow the executive order - many who hate Trump as much as you do. They were simply caught in a political maneuver, and had no choice in the matter.

[Marcuse]

13. As I recall most employers knew this was no favor for their employees. They ignored Trump.

Mnuchin could not.

[Ms. Toad]

24. Yup. Thank goodness.

As someone who did taxes for relatively low-income people (who were often hit out of the blue with taxes they didn't expect), I was having sympathy pangs for tax preparers this year.

But I think most employers decided it wasn't worth the hassle to shift withholding from last year to this year.

The only two differences for these folks - their employer was under Trump' thumb, and they lost their jobs so the extra money couldn't be withheld this year to make up the shortfall.

[Historic NY]

14. They thought he was giving them raises, he was....with their own money.

[Indykatie]

15. These Were Not Fed Tax Deferrals But SS Taxes Which Was a fixed % Up to $137,700 Of Income

Odd that this story highlights Trump hires. All Federal workers making less than $8000 a month had their portion of SS taxes withheld. Folks were told they would have to make up the deferred amounts in 2021. The folks getting demand letters probably are not working since the additional SS tax was to be taken from 2021 pay checks. Oh well, they'll have to use the Dems' $1400 additional stimulus money to cover the outstanding tax debt.

[FelineOverlord]

17. Trump appointees have been left furious

I’m sure they’ll blame Biden.

[Warpy]

22. Perhaps they should have looked up "defer"

Yeah, I know, that was beneath them.

[Turbineguy]

23. It was a poison pill

in case he lost the election.

[Pinback]

25. As much as $1,500?

Cry me a river. For what percentage of these grifters is that more than chump change?

[Blue Owl]

28. Pay the fat man

Then kiss his fat ass