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Yo_Mama_Been_Loggin

(108,036 posts)
Thu Jul 16, 2020, 06:58 PM Jul 2020

Trump demands payroll tax cut in next Covid relief bill

Source: Politico

Donald Trump has signaled to Hill Republicans that he will not sign a new coronavirus stimulus package without the inclusion of a payroll tax cut, according to three sources close to the issue.

This new red line from the White House serves to illustrate the challenges that lay ahead in negotiating another Covid-19 relief package. GOP and Democratic congressional leaders are trillions of dollars apart in funding goals for the package, as well as how those funds will be spent.

Republicans have pushed for an overhaul to liability laws, which Democrats are skittish of, and Democrats are insisting on state and local funding, and enhanced unemployment benefits, which Republicans are cool to.

Trump's thinking, of course, is always evolving. The president has been fixated on a payroll tax cut for months, even though it has fallen on deaf ears on Capitol Hill — Senate Republicans and House Democrats don't care for the proposal, and have resoundingly rejected it.

Read more: https://www.msn.com/en-us/news/politics/trump-demands-payroll-tax-cut-in-next-covid-relief-bill/ar-BB16PyMY?li=BBnb7Kz



His thinking is evolving. Is that what you call his haphazard approach to governing?
28 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump demands payroll tax cut in next Covid relief bill (Original Post) Yo_Mama_Been_Loggin Jul 2020 OP
Why not eliminate wages, debt, taxes and just let the Fed print money? bucolic_frolic Jul 2020 #1
give it time. that will be his platform for reelection. Javaman Jul 2020 #28
between the forced school openings demand and this to be included there will be no further relief yaesu Jul 2020 #2
Is he now one step up from Neanderthol thinking? Chemisse Jul 2020 #3
That's another tax people will have to pay back next tax season. blueinredohio Jul 2020 #4
How does cutting payroll taxes help those without a job? stopbush Jul 2020 #5
That is the whole point of it Kaiserguy Jul 2020 #7
Total Agreement. n/t MarcA Jul 2020 #18
DING DING DING DING DING - WE HAVE A WINNER !!!!!! groundloop Jul 2020 #8
The other problem is GOP is spending hour tax dollars and driving up the national debt sky high. onetexan Jul 2020 #17
It puts a few bucks into the paychecks of those still employed... paleotn Jul 2020 #10
Classic Luckovich. CrispyQ Jul 2020 #26
'Evolving' grasping at straws House of Roberts Jul 2020 #6
His thinking? paleotn Jul 2020 #9
Maybe he's stupid but not the Republiscums pushing for it. Keep in mind screwing us taxpayers.... machoneman Jul 2020 #27
He is so stupid, he thinks this will get him warmfeet Jul 2020 #11
Republicans never pass up an opportunity to kill Social Security. SunSeeker Jul 2020 #12
He's trying to buy votes. Xolodno Jul 2020 #13
I have no way out of here I_UndergroundPanther Jul 2020 #15
Sorry to hear that. Xolodno Jul 2020 #22
Fake news The Mouth Jul 2020 #14
The way things are going, there won't be many payrolls to tax. BamaRefugee Jul 2020 #16
I got enuff of a tax cut 2 years ago. roamer65 Jul 2020 #19
We need to counter their "payroll tax cut" language and call it what it is. SeattleVet Jul 2020 #20
IT WOULD AUTOMATICLLY CUT FUNDING TO SOCIAL SECURITY!!! calclar Jul 2020 #21
Payroll taxes fund Social Security, a part of the social safety net Repugs have tried to shred LastLiberal in PalmSprings Jul 2020 #23
And then will he support a $600 a week extension? Polybius Jul 2020 #24
The Democratic way to cut payroll taxes. RicROC Jul 2020 #25

yaesu

(8,020 posts)
2. between the forced school openings demand and this to be included there will be no further relief
Thu Jul 16, 2020, 07:03 PM
Jul 2020

bill and the fascists will blame the dems. By the way, the way he wants to gut the tax is different than Obama's cut, tRumps cut will damage SS.

Chemisse

(30,813 posts)
3. Is he now one step up from Neanderthol thinking?
Thu Jul 16, 2020, 07:05 PM
Jul 2020

More likely he is honing in on some other way to get massive benefits from this - again.

blueinredohio

(6,797 posts)
4. That's another tax people will have to pay back next tax season.
Thu Jul 16, 2020, 07:05 PM
Jul 2020

Last time we had one I had to raise my withholding so I wouldn't have to pay in.

stopbush

(24,396 posts)
5. How does cutting payroll taxes help those without a job?
Thu Jul 16, 2020, 07:14 PM
Jul 2020

All it does is starve money that is earmarked to support social security, Medicare and - believe it or not - unemployment benefits.

If you are currently unemployed, a payroll tax cut puts $0 in your pocket.

Kaiserguy

(740 posts)
7. That is the whole point of it
Thu Jul 16, 2020, 07:21 PM
Jul 2020

I'm sure Trump would love to hurt Senior Citizens he lives to hurt people. This just another way to destroy everything and anything that is decent in America and I'm sure that Putin approves of anything that harms us.

groundloop

(11,519 posts)
8. DING DING DING DING DING - WE HAVE A WINNER !!!!!!
Thu Jul 16, 2020, 07:23 PM
Jul 2020

That is exactly right. All GOPers know is 'cut taxes', never mind the consequences.

paleotn

(17,931 posts)
10. It puts a few bucks into the paychecks of those still employed...
Thu Jul 16, 2020, 07:51 PM
Jul 2020

Particularly those stupid enough to think it means anything. Just like the 20 bucks or so they got out of Donnie's income tax cut. Stupid bastards.

paleotn

(17,931 posts)
9. His thinking?
Thu Jul 16, 2020, 07:50 PM
Jul 2020

I wasn't aware he actually did that. And I still don't believe it. Payroll tax cuts are gimmicks that put little in people's pockets, but together put a dent in funding Social Security. Bad idea, but what do you expect out of a dotard who can't think straight.

machoneman

(4,007 posts)
27. Maybe he's stupid but not the Republiscums pushing for it. Keep in mind screwing us taxpayers....
Fri Jul 17, 2020, 10:23 AM
Jul 2020

by hurting SS is only 1/2 the game.

The longer term goal is to defund SS by sending all those trillions and trillions (yes, it's a ton of cash!) to Wall Street instead where investment house will run the program. Billions and billions of dollars earned in fees to do so, say 3-5% of every single dollar. That's why the R-Scums want to start with eliminating the payroll tax via a scheme that says the taxpayer and their employer keep more $. Then as the Trust Fund deteriorates, oh my, now we must close off SS and instead send all future payroll deductions and associated monies to Wall Street houses.

warmfeet

(3,321 posts)
11. He is so stupid, he thinks this will get him
Thu Jul 16, 2020, 08:29 PM
Jul 2020

reelected. A payroll tax cut is the path to reelection.




Even a turd is smarter than this.

Xolodno

(6,395 posts)
13. He's trying to buy votes.
Thu Jul 16, 2020, 08:52 PM
Jul 2020

That's why when the stimulus checks showed up, it had his signature on it. If it was direct deposit, we all got some stupid piece of mail I promptly trashed.

He knows, anyone unemployed is not going to vote for his pasty white sorry ass. So he's hoping to buy off the employed some how...

And yes, we are going to have to pay for all this shit, but he doesn't care as he is limited to two terms. Unless he's successful at repealing the term limit amendment, which I highly doubt (but if he does, I'm pulling an Einstein and getting the fuck out of here).

I_UndergroundPanther

(12,480 posts)
15. I have no way out of here
Thu Jul 16, 2020, 09:07 PM
Jul 2020

When I have no way to survive I will have nothing left to lose. If disability is robbed by fucking rich republican narcissistic thugs ,that means, I lose my home, No food or meds my diabeties will kill me. And under that kind of stress who knows I might go psychotic again.

But I know who my enemy is, it's trump and all republicans..

Xolodno

(6,395 posts)
22. Sorry to hear that.
Fri Jul 17, 2020, 12:13 AM
Jul 2020

But to quote a James Bond Movie...

"Always have an exit plan, 007".

I have friends and relatives in Australia, that would be a long term plan.

In a jam, Mexico. Meds are cheap, don't need a prescription. I'm an educated and skilled worker, granted Mexico has law that says they have to hire citizens first...but knowing how they enforce laws...I will get a job, obviously won't be paid what I'm worth, but hey, I won't mind living in shack that's off the beach.

With your issues, it may be prudent to figure out ways to get out.

Granted, it seems a bit cowardly, but if Trump managed to get himself to be President for life...its all over. But I don't expect that to happen, its like me winning the Powerball when I don't buy a ticket.

But my wife and myself know from now deceased family members, everything seems fine, just a nutcase politician that won't get anywhere...then that nutcase becomes a dictator, then forced to sell everything at a below market value and get the hell out of Dodge. Then get the letters from family and friends who decided to ride it out, of the oppression, round ups, deportations, then the public executions...then nothing.

I don't expect that to be the case with Trump, not in the slightest. But never say never, and have a plan in case the never happens.

roamer65

(36,745 posts)
19. I got enuff of a tax cut 2 years ago.
Thu Jul 16, 2020, 10:14 PM
Jul 2020

We can’t widen the deficit. Dumb idea from a Dotard.

We need to increase taxes on the wealthy.

SeattleVet

(5,477 posts)
20. We need to counter their "payroll tax cut" language and call it what it is.
Thu Jul 16, 2020, 10:19 PM
Jul 2020

Cutting the payments into Social Security, Medicare, and Unemployment benefits.

Don't let them keep coopting the language.

calclar

(55 posts)
21. IT WOULD AUTOMATICLLY CUT FUNDING TO SOCIAL SECURITY!!!
Thu Jul 16, 2020, 11:02 PM
Jul 2020

....CUTTING CONTRIBUTION TO THE SS FUND FROM THE PAYROLL TAX. FICA!!!!

23. Payroll taxes fund Social Security, a part of the social safety net Repugs have tried to shred
Fri Jul 17, 2020, 12:52 AM
Jul 2020

for decades. The other scheme is to privatize Social Security, forcing workers to buy stocks and take their chances. Oh, and the stocks have to be ones on an approved list of companies (i.e., donors).

Polybius

(15,437 posts)
24. And then will he support a $600 a week extension?
Fri Jul 17, 2020, 01:06 AM
Jul 2020

I need that to be extended so bad I might have to support a compromise.

RicROC

(1,204 posts)
25. The Democratic way to cut payroll taxes.
Fri Jul 17, 2020, 09:55 AM
Jul 2020

I agree that payroll taxes should be cut but as usual, the Trump method is irresponsible.

Instead of the (total) 14% rate in place now, a Democratic way should be:

lift the cap from $117,000 to NO CAP. Then, decrease the total payroll tax to 4%. I wish a Dem would advocate for those savings in a campaign. That's the Democratic way.

And besides, my Trump friends are always advocating for 'Flat Tax'. What we have not is not a flat tax, sooooo devise it with no cap.

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