eagle1462010
Diamond Member
- May 17, 2013
- 70,332
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Same old lies from the lying left."If I'm victorious on November 3rd, I plan to forgive these taxes and make permanent cuts to the payroll tax," Trump said. "Joe Biden and the Democrats may not want that, they don't want that."
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there goes SS and Medicare.
There is goes, to where no one knows. If he get re-elected (there's an 80% chance) he will defund Fica which he is trying to do now.
Fear mongering is all you people have left....Sad really.
Did he write a EO saying payroll tax is on vacation, Yes or NO???
Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster | The White House
MEMORANDUM FOR THE SECRETARY OF THE TREASURY SUBJECT: Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster By the authority veste
www.whitehouse.gov
Sec. 2. Deferring Certain Payroll Tax Obligations. The Secretary of the Treasury is hereby directed to use his authority pursuant to 26 U.S.C. 7508A to defer the withholding, deposit, and payment of the tax imposed by 26 U.S.C. 3101(a), and so much of the tax imposed by 26 U.S.C. 3201 as is attributable to the rate in effect under 26 U.S.C. 3101(a), on wages or compensation, as applicable, paid during the period of September 1, 2020, through December 31, 2020, subject to the following conditions:
(a) The deferral shall be made available with respect to any employee the amount of whose wages or compensation, as applicable, payable during any bi-weekly pay period generally is less than $4,000, calculated on a pre-tax basis, or the equivalent amount with respect to other pay periods.
It's going to be real hard for your side to play that one off as a tax break for the rich.........LOL
You will try.........but you will lose....
3 months tax free.........hmmmm........last time that happened to me was in a Combat Zone in the Persian Gulf.........how about you........LOL