Trump promises permanent cut to payroll tax funding Social Security and Medicare if he’s reelected

into next year but doesn’t absolve their bills outright — though the president said he would seek to waive what people owe if he prevails on Election Day.

In doing so, though, Trump would be embarking on a fraught process that could have catastrophic fiscal effects on programs including Social Security, which watchdogs recently have warned is in dire financial straits, expected next year to have costs that exceed its total incomes.“By having a permanent cut, that immediately makes you ask the question on what’s going to happen on the benefits side,” Garrett Watson, a senior policy analyst at the Tax Foundation, said.

Biden responded in a statement that Trump threatens to “undermine the entire financial footing of Social Security,” adding: “He is laying out his road map to cutting Social Security.”

... feel they can spend trillions on an illicit shut down of our economy by the Democratic Party. If they have taxpayer funding to afford that, they have enough funding to, not only fully fund the future of Social Security and Medicare, but also double Social Security benefits ..

linda3_4 Paul Ryan’s wet dream.

Trump promised a lot of things but...

California Church Prepares to Face 1,000 Misdemeanor Citations for Worshipping During Lockdown. WHAT WOULD JESUS DO? CHRISTIANS TODAY ARE BEING MURDERED AROUND THE WORLD FOR BEING CHRISTIAN.

Trump also promised to show his taxes and build the wall or not to golf etc etc

Why does he think this will help him get reelected?

Hogwash. But nice try!

Lies from Washington post, Fake News again.

Taxation for Revenue Is Obsolete, Beardsley Ruml (1946)(p. 35)

This horrendous, callous president must be removed Nov 3. You know what to do.

At least someone in Washington is working on behalf of the millions of unemployed and working people . Thanks realDonaldTrump 🇺🇸 .. this is why you will be getting re-elected

That alone is worth it, but ultimately there are bigger fish to go after

He’s breaking the law to cut your Social Security.

Putting more money into tax payer hands to make their own decisions on

So why doesn't he just do that right now? Dubya did it in 2001, and it didn't destroy SocSec, unemployment payments or Medicare. Why the panic about removing an unnecessary, regressive tax?

Hopefully

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