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Trump has been yapping about a temporary Payroll Tax holiday for months. His own party did not embrace it.
The EO defers payment and makes clear Trump’s expectation of legislation to forgive it.
There is no upside for any politician to advocate for the dissolution of SS and Medicare, given 70 million are or will soon enroll and Gen X is right behind them.
Of course there isn't. That was my point. Show me a single Republican up for reelection who is going to embrace their fearless leader's idiotic idea of dissolving SS or Medicare. There won't be a one of them.
They may have no qualms about enabling an idiot when it suits their purposes, but they are not stupid like he is.
Of course there isn't. That was my point. Show me a single Republican up for reelection who is going to embrace their fearless leader's idiotic idea of dissolving SS or Medicare. There won't be a one of them.
They may have no qualms about enabling an idiot when it suits their purposes, but they are not stupid like he is.
All of the lefts' name calling couldn't defeat this "stupid" man in 2016 And I pray it won't work in 2020 either
The left will try to attack this issue. But all people will see are politicians trying to take money out of their pocket today. Sorry, but folks aren't looking years down the line. If they were, every politician would have been voted out over the last however many cycles as social security is in BAD shape down the line even without this move.
Any politician representing people who depend on these programs--meaning every single one of them--will recognize this for what it is, an attempt to do away with these programs all together. Rest assured this will become the theme of all Democratic campaigns going forward should this stand.
How do you think seniors will vote when one side is telling them they intend to dissolve SS and Medicare and the other side says they will save it?
Go for it, Donnie. This is possibly the stupidest move yet, in nearly four years of truly bonehead moves.
Hoover had his 'Hoovervilles'; what will we call Trump's? Trumptowns?
Let's face it, there are some striking similarities:
Herbert Hoover and Donald Trump: Two Studies in Failed Crisis Leadership
Requiring states to pay 25% of the $400/ week unemployment topper seems to be vulnerable To challenge unless Congress block grants $ to cover it.
That was my thought as first, until I dug a little deeper into it. The two things I found were that states are not forced to do anything. The money will be there if the states decide to offer up the extra unemployment to its residents. IOW, if the states don't want to pony up the 25%, they don't have to offer the unemployment at all. The other caveat is the states can pay for it from the Covid money the federal government is already giving them, so essentially the state doesn't end up pay any of it anyway. It paints each state into a box, as well as all Democrats, because it is the POTUS offering up the money to voters and only the states and/or Democrats can stop it by either refusing to offer it up at the state level or by taking Trump to court to stop the payments to voters. This must have been designed by a team of lawyers and political experts, because Trump managed to pull off a very effective and bullet proof deal with this. No matter what, Trump wins. If the money stays going to the voters, Trump benefits because he made it happen and essentially buys votes. If the money stops, Trump wins because he can use that against the Democrats, essentially making some not want to vote for them. It's actually politically brilliant.
As we learned from the recent individual stimulus (although many already knew), the “rich” crowd who earns over $100k is only about 5-7% of the total population (single digit at best) who politicians could avoid providing that stimulus to. Since the lower income population receives MORE than they ever contribute (FDR socialism), this trump stunt (if put into effect) would result in even more exaggerated income redistribution from the upper middle class/rich to the poor. I never thought that I would put trump in the same category as FDR.
I personally would strongly welcome an end to Social Security since it is PURE THEFT. But, we’d still have to responsibly compensate those who have already contributed. Even if rump successfully pays the entitlements out of the General Fund, he’d still have to either CUT something else or borrow more to add to the National Debt.
You may want to actually check the level income needed to be in the top 15/10/5 percent for either individual or family income.
If you haven't heard it already, Trump just signed an executive order to suspend the payroll tax.
THIS FUNDS YOUR SOCIAL SECURITY AND MEDICARE.
Trump said the employer portion of the payroll tax would be deferred from Aug. 1 through the end of the year, though the move would not directly aid unemployed workers, who do not pay the tax when they are jobless, and faces bipartisan opposition on Capitol Hill.
“If I win, I may extend and terminate,” Trump said, repeating a longtime goal but remaining silent on how he’d fund the Medicare and Social Security benefits that the 7% tax on employee income covers. Employers also pay 7.65% of their payrolls into the funds.
If you value your life and wellbeing- dump him in NOV.!!
Folks, the right has wanted to do away with so called “entitlements” (Social Security and Medicare) for decades. This is simply the latest approach. Both are significantly under funded and have been for years, thanks to our elected officials refusal to prioritize the program’s solvency. And people think this country is in trouble now with unemployment Benefits running out? Wait until Social Security is severely cut or goes broke. A majority of seniors use Social Security as their primary source of income. We will see poverty, homelessness and crime like this country has never experienced. And as usual, the folks most hurt by cuts to these programs continue to be the same fools who vote republican year after year.
Contrary to how some leftists in this forum think that the Democrat Party will somehow be able to weaponize this, that ain't happening. And even Nancy Pelosi can see the writing on the wall, today signaling that there is "room to compromise" on the Democrats' demand for $600 a week unemployment: https://www.forbes.com/sites/nichola...-to-negotiate/
From what I gather, this was one of the points that Democrats previously were not willing to negotiate on.
Trump has been yapping about a temporary Payroll Tax holiday for months. His own party did not embrace it.
The EO defers payment and makes clear Trump’s expectation of legislation to forgive it.
There is no upside for any politician to advocate for the dissolution of SS and Medicare, given 70 million are or will soon enroll and Gen X is right behind them.
He said he would forgive it until AFTER the election, if I recall. That's flippin' manipulative as hell. Nothing about Trump or the current iteration of the GOP surprises me. Extort, put third parties on ballots, suppress votes. This is NOT the GOP I once knew. Bunch of crooks and lickspiddles. I hope the Senate flips so bad in order to force the GOP to flush the crap into the septic hole where it belongs.
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And I pray it won't work in 2020 either 
