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Chainfire

(17,757 posts)
Wed Mar 11, 2020, 07:16 AM Mar 2020

Tax cut? Help me.. [View all]

In a response to the virus, Trump wants to suspend payroll taxes to boost the economy.

Help me out, I do not understand how this helps people with the illness.

If you are working, you are probably feeling safe and are not ill, and are still getting your normal income.

If you are not working you are not paying payroll taxes so a tax cut helps nothing.

If you cut the payroll taxes without cutting the taxes, it will be hell to pay next April. (after the elections)

What is the theory behind the proposed Trumps tax suspension?

Who is really going to get the $800,000,000 Trump is talking about?

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