ECON I will disobey Trump's Payroll Tax EO to defund social security

ioujc

MARANTHA!! Even so, come LORD JESUS!!!
This is the same rumor mill garbage that comes before every election of a SURE FIRE WINNER of a Republican Presidency>>>>last time there were rumors that Trump was going to end all food stamps and welfare>>>>>>got the dependent individuals all agitated and they voted DEMON-RAT.

Just another DEMON-RAT election tactic....
 

SquonkHunter

Geezer (ret.)
The Social Security Act was signed into law in 1935 and the Demo☭oms™ have been accusing Republicans of wanting to eliminate it in every election since 1936. It was bullshit then and it is bullshit now. The quickest way to get the masses marching on DC with pitchforks and ropes would be trying to eliminate their SS payments. It would affect too many people across all lines to go uncontested. :ld:
 

Southside

Has No Life - Lives on TB
SO, here are the rules:
It is a DEFERRED, for the period 9/1 to 12/31. not gone.
Repayment commences 1/1/2021, to be paid back during the period of 1/1/21 to 4/30/21. If the employee cannot pay it back, it becomes the responsibility of the employer.

Preliminary discussions in the company I run is that we will take a pass on deferring taxes till 2021.

No thanks!
 

raven

TB Fanatic
they will simply do what Jimmy Carter did.
They will increase the tax rate.
and then they will say that 70 is the new 40 and push full retirement to 68,
and then they will reduce cost of living increases
and then they will simply print create more inflation

I built a house in 1998. cost about $200,000. I pulled up the house on Zillow yesterday.
In 2020, that house is estimated at $740,000.
Now that is some inflation for you
 

glennb6

Inactive
F-ing with SS is supposed to be the 3rd rail - don't touch it.
Of course govt can do whatever they want, they have the guns and jails, and they often do.
Now I rather doubt that any substantial changes or outright stopping of SS will happen, however,

a few months ago who'd have thunk that mayors, governors, of some big cities and states would allow let alone encourage destruction of their own cities and states by riots and looting. certainly they know what they are doing, probably following marching orders from above, obviously couldn't give a sh*t about the citizens.

suppose this commie group decided to screw with SS to create more chaos. na, never happen, would it?
 

mzkitty

I give up.
F-ing with SS is supposed to be the 3rd rail - don't touch it.
Of course govt can do whatever they want, they have the guns and jails, and they often do.
Now I rather doubt that any substantial changes or outright stopping of SS will happen, however,

a few months ago who'd have thunk that mayors, governors, of some big cities and states would allow let alone encourage destruction of their own cities and states by riots and looting. certainly they know what they are doing, probably following marching orders from above, obviously couldn't give a sh*t about the citizens.

suppose this commie group decided to screw with SS to create more chaos. na, never happen, would it?

One sight nobody ever wants to see is like 50 zillion old people protesting out on the street with their canes, wheelchairs, walkers, oxygen packs, etc.


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Blacknarwhal

Let's Go Brandon!
The only fair way is to write checks to all who has paid into the system what they have paid.

Fair? You think Uncle Scam will be FAIR? Oh, it would be nice to get back the years that I paid in before I signed on as a civil serpent at Ft. Rucker and ditched SS like a hot potato, but I expected that to be a writeoff then and still do.

We will be more than happy to take it in trade. I understand the IRS has several guns from the Obama Administration. There are some lovely things in the Smithsonian, too, that I'd be willing to take in lieu of cash.
 

Ku Commando

Inactive
people think there is a big social security piggy bank in Washington where their social security savings is kept

....that's right folks......world's largest ponzi scheme.......today's workforce is payin' my way.....the "fund" is J6P's pocket



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Publius

TB Fanatic
Well that may be one way to keep illegal aliens from coming to our country and perhaps force some of them to go back home.
 

John Deere Girl

Veteran Member
Democrats always threaten social security, the military payroll, and veterans benefits. Nothing will happen to any of these, because that voting base is HUGE. They just want to incite fear.
 

straightstreet

Life is better in flip flops
DH got paid today and there was the same payroll tax taken out of it as usual. I guess we'll see on the next check if his company is participating in the new payroll tax EO.
 
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