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Freddie

(9,932 posts)

6. I don't think so

Reply to BillyBobBrilliant (Reply #5)

Wed Mar 11, 2020, 08:38 AM

Mar 2020

When you file your 1040 it does not consider the payroll tax. But it will affect your earnings record for SS.
I’m a payroll admin. It’s actually pretty easy to just suspend the deduction (both sides) and reinstate it. But it’s an incredibly stupid idea.

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Tax cut? Help me.. [View all] Chainfire Mar 2020 OP

It's not to help the people, it's to help the markets Maeve Mar 2020 #1

It's the dumbest idea ever Dem2 Mar 2020 #2

I think it's also intended to bribe people by giving them a little more take home pay StarfishSaver Mar 2020 #3

It hurts you. The payroll tax funds Social Security. SunSeeker Mar 2020 #4

Also, suspending the payroll tax BillyBobBrilliant Mar 2020 #5

I don't think so Freddie Mar 2020 #6

Ok Chainfire Mar 2020 #7