Trump's plan to end SS

[Penelope]

On August 8, at his golf club in Bedminster, New Jersey, President Donald Trump announced that his administration is seeking to delay much of the payroll tax that funds Social Security—1 of 4 unilateral actions he took in lieu of negotiating with Congress on meaningful economic relief legislation. The president also said that if he is reelected, he wants not only to turn the delay into a tax cut that would result in significant revenue losses for Social Security, but also to eliminate employee payroll taxes for good. As our analysis based on the Social Security trustees’ projections shows, eliminating employee payroll taxes along the lines that the president has proposed would, absent additional action, completely exhaust the Social Security trust fund by 2026 or earlier and result in steep benefit cuts.

Trump’s Plan To Defund Social Security

Permanently terminating the employee payroll tax along the lines President Trump has proposed would empty Social Security’s trust fund by 2026 or earlier.

www.americanprogress.org

 

[Nostra]

Seek help soon.

Oh, and americanprogress.org?

 

[Moonglow]

On August 8, at his golf club in Bedminster, New Jersey, President Donald Trump announced that his administration is seeking to delay much of the payroll tax that funds Social Security—1 of 4 unilateral actions he took in lieu of negotiating with Congress on meaningful economic relief legislation. The president also said that if he is reelected, he wants not only to turn the delay into a tax cut that would result in significant revenue losses for Social Security, but also to eliminate employee payroll taxes for good. As our analysis based on the Social Security trustees’ projections shows, eliminating employee payroll taxes along the lines that the president has proposed would, absent additional action, completely exhaust the Social Security trust fund by 2026 or earlier and result in steep benefit cuts.

Trump’s Plan To Defund Social Security

Permanently terminating the employee payroll tax along the lines President Trump has proposed would empty Social Security’s trust fund by 2026 or earlier.

www.americanprogress.org

Trump has contempt for the people and their SS fund for retirement.

 

[Lisa558]

August 8?? And from what year?

Why as we discussing a proposal of a man who isn’t president?

 

[Uncensored2008]

On August 8, at his golf club in Bedminster, New Jersey, President Donald Trump announced that his administration is seeking to delay much of the payroll tax that funds Social Security—1 of 4 unilateral actions he took in lieu of negotiating with Congress on meaningful economic relief legislation. The president also said that if he is reelected, he wants not only to turn the delay into a tax cut that would result in significant revenue losses for Social Security, but also to eliminate employee payroll taxes for good. As our analysis based on the Social Security trustees’ projections shows, eliminating employee payroll taxes along the lines that the president has proposed would, absent additional action, completely exhaust the Social Security trust fund by 2026 or earlier and result in steep benefit cuts.

Trump’s Plan To Defund Social Security

Permanently terminating the employee payroll tax along the lines President Trump has proposed would empty Social Security’s trust fund by 2026 or earlier.

www.americanprogress.org

Pssttt, Ahmed? Trump isn't president. That incompetent fuckup Quid Pro Biden is.

 

[MizMolly]

August 8?? And from what year?

Why as we discussing a proposal of a man who isn’t president?

Doesnt he plan on running again? It is good to know where potential idiotic candidates stand.

 

[Meister]

OP is misleading at best with this one.

 

[Lisa558]

Doesnt he plan on running again? It is good to know where potential idiotic candidates stand.

Let’s wait and see if he announces, and then see if he has the same proposal.

 

[easyt65]

On August 8, at his golf club in Bedminster, New Jersey, President Donald Trump announced that his administration is seeking to delay much of the payroll tax that funds Social Security—1 of 4 unilateral actions he took in lieu of negotiating with Congress on meaningful economic relief legislation. The president also said that if he is reelected, he wants not only to turn the delay into a tax cut that would result in significant revenue losses for Social Security, but also to eliminate employee payroll taxes for good. As our analysis based on the Social Security trustees’ projections shows, eliminating employee payroll taxes along the lines that the president has proposed would, absent additional action, completely exhaust the Social Security trust fund by 2026 or earlier and result in steep benefit cuts.

Trump’s Plan To Defund Social Security

Permanently terminating the employee payroll tax along the lines President Trump has proposed would empty Social Security’s trust fund by 2026 or earlier.

www.americanprogress.org

Due to mismanagement and politicians using AMERICANS' money in SS, the fund is already expected to fail in the near future.

Democrats have blocked every idea to make changes to SS because they don't want their 'piggy bank' to go away.

Social Security was never supposed to last as the President who signed it into law warned if it was allowed to be made permanent it would turn into the corrupted, government mis-managed program it has become.

 

[Sunsettommy]

On August 8, at his golf club in Bedminster, New Jersey, President Donald Trump announced that his administration is seeking to delay much of the payroll tax that funds Social Security—1 of 4 unilateral actions he took in lieu of negotiating with Congress on meaningful economic relief legislation. The president also said that if he is reelected, he wants not only to turn the delay into a tax cut that would result in significant revenue losses for Social Security, but also to eliminate employee payroll taxes for good. As our analysis based on the Social Security trustees’ projections shows, eliminating employee payroll taxes along the lines that the president has proposed would, absent additional action, completely exhaust the Social Security trust fund by 2026 or earlier and result in steep benefit cuts.

Trump’s Plan To Defund Social Security

Permanently terminating the employee payroll tax along the lines President Trump has proposed would empty Social Security’s trust fund by 2026 or earlier.

www.americanprogress.org

Article is 2 years old the link to his alleged plan is a 404 and the memorandum link also a 404 thus you have nothing.

From WAPO LINK

"Major changes to the tax code fall entirely to Congress, so Trump alone cannot waive Americans’ tax debts or enact permanent changes to tax law. Democrats and Republicans alike already had balked at Trump’s push for a payroll tax holiday in negotiations over the next round of coronavirus aid, suggesting a more lasting tax cut may be even tougher to secure if Trump does indeed win reelection."

 

[MizMolly]

Let’s wait and see if he announces, and then see if he has the same proposal.

A lot of potential candidates spout what they will do if they get into office. Why should Trump be off limits?

 

[progressive hunter]

On August 8, at his golf club in Bedminster, New Jersey, President Donald Trump announced that his administration is seeking to delay much of the payroll tax that funds Social Security—1 of 4 unilateral actions he took in lieu of negotiating with Congress on meaningful economic relief legislation. The president also said that if he is reelected, he wants not only to turn the delay into a tax cut that would result in significant revenue losses for Social Security, but also to eliminate employee payroll taxes for good. As our analysis based on the Social Security trustees’ projections shows, eliminating employee payroll taxes along the lines that the president has proposed would, absent additional action, completely exhaust the Social Security trust fund by 2026 or earlier and result in steep benefit cuts.

Trump’s Plan To Defund Social Security

Permanently terminating the employee payroll tax along the lines President Trump has proposed would empty Social Security’s trust fund by 2026 or earlier.

www.americanprogress.org

so trump wants to end a ponzi scheme thats under funded and abusive to the poor and made the rich richer??

I think I'm OK with that,, should have been done a long time ago,,

 

[whitehall]

How does this pass as "history"? It's much ado about nothing while the Country goes down the drain in real time.

 

[Lisa558]

A lot of potential candidates spout what they will do if they get into office. Why should Trump be off limits?

Except this is from years ago. And as far as asking why Trump should be ”off limits,” you have got to be kidding me. NOBODY has been on the receiving end of such destructive tactics as Trump, from a false Russia conspiracy hoax to the media’s refusal to report fairly.

A better question would be “why was Biden off-limits during the campaign”?

 

[Meister]

Thread closed, there was no personal from OP