Massive stock rally as President Trump proposes 0% payroll tax for the rest of the year (legal, cost)

[notnamed]

Originally Posted by biggunsmallbrains

So, how far are we up/down for the year now?

DOW down $3,917.02 year to date.

[zzzSnorlax]

Originally Posted by subaru5555

How, prey-do-tell, is this going to be paid for?

With the money he saved on disbanding the NSC pandemic response team, duh!

[Ralph_N_1962]

Thank you Morningstar.

https://www.cnbc.com/2020/03/10/morn...ronavirus.html

If you have cash get in now.

[moneill]

Originally Posted by lovecrowds

https://www.cnbc.com/2020/03/10/trum...cials-say.html

President Trump is proposing a 0 payroll tax the rest of the year.

A married couple making $100,000 a year would have over $500 a month under President Trump the rest of the year.

I think we are going to see a roller coaster.

Didn't he announce it yesterday?

And didn't they just announce there is no agreement yet on a plan?

I'm confused. I think your timing is off.

You maybe just found out about Trump's statements yesterday and think that's why we are on this roller coaster.

Not sure it matches.

[lovecrowds]

Originally Posted by subaru5555

How, prey-do-tell, is this going to be paid for?

It looks that a couple making around $100,000 with two-average waged full-time jobs near the average wage would have about $400 a month more of spending as we are still just over 2 months into the year and President Trump is just proposing this till the end of the year.

Still, thats food or a car payment on a new car.

The federal reserve buying United States treasuries.

This will drive up deficits, but Sanders and Biden have plans that would drive up the deficits much more.

At this point, who cares why not just excel the inevitable to keep things good in the short-term.

[jbtornado]

Originally Posted by lovecrowds

The federal reserve buying United States treasuries.

This will drive up deficits, but Sanders and Biden have plans that would drive up the deficits much more.

At this point, who cares why not just excel the inevitable to keep things good in the short-term.

Sounds much like a baby boomer.. Kick the can down the road

[Ralph_N_1962]

Originally Posted by lovecrowds

The federal reserve buying United States treasuries.

This will drive up deficits, but Sanders and Biden have plans that would drive up the deficits much more.

At this point, who cares why not just excel the inevitable to keep things good in the short-term.

yes, the federal government is bankrupt and has been for decades now

[TwoByFour]

Pandering. Trump is desperate because he looks foolish with his handling of the virus. So when all else fails, buy some votes.

[Vegabern]

Talk about buying votes.

"Until after the election". How convenient.

[Ralph_N_1962]

Originally Posted by TwoByFour

Pandering. Trump is desperate because he looks foolish with his handling of the virus. So when all else fails, buy some votes.

the democrat strategy since FDR...you should applaud him