Real World Event Discussions
A thread for Democrats Only
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Wednesday, September 2, 2020 7:21 PM
Quote:President Donald Trump has vowed to kill funding for a critical, gargantuan program that nearly 70 million Americans depend on.
Originally posted by 1KIKI:
That topic is:
And if democrats don't do any different, how are they any better?
More specifically, what did the democrats do to change the economy to help the average American worker over the past 4 decades?
What? You haven’t heard Trump say he wants to kill Social Security’s funding? Actually, you have. Trump says he wants to kill the payroll tax — which is how Social Security is funded.
Perhaps like many Americans, you’re unaware of how Social Security is financed. It comes from payroll taxes that are paid by you and your employer. The past four years have convinced me that there are many other things that Trump’s supporters don’t seem to understand either (trade/tariffs, regulations, the stock market, etc.) but I digress.
“If victorious on November 3rd,” the president said on Aug. 8th, “I plan to forgive these taxes and make permanent cuts to the payroll tax.” He then added: “I’m going to make them all permanent.”
So when Trump talks of a “payroll tax cut,” you might think that sounds great. A tax cut! But this is deceptive election year politics, designed to take advantage of voter ignorance. Anyone in the media that’s going along with Trump’s framing of this as a mere tax cut is also being played.
It doesn’t get more delusional than this except, perhaps, for kooky Trump advisers like economist Stephen Moore, and even Treasury Secretary Steven Mnuchin, who has said that Social Security could always be paid for by moving trillions of dollars from the government’s “general fund to those trusts funds.”
Trillions of dollars from the general fund? What trillions of dollars? The federal deficit for fiscal year 2019 that ended last Sept. 30 was $984 billion. It has nearly quadrupled this year to a staggering $3.7 trillion, and this will skyrocket even further if another round of pandemic aid gets passed. These sums — so vast as to be nearly incomprehensible — get added on to the national debt, which as of last week was $26.6 trillion, up 33.6% on Trump’s watch.
Remember: Trump said he would eliminate the entire national debt — not the deficit, the national debt itself — in eight years, because of all the brilliant trade deals he would do. Here we are four years later and things are worse, far worse, than ever.
www.marketwatch.com/story/why-you-might-not-know-that-trump-is-threate
ning-your-social-security-2020-09-02
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Wednesday, September 2, 2020 8:27 PM
Quote:
Originally posted by reaverfan:
^ This is a brain disease.
Wow.
Do Right, Be Right. :)
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Wednesday, September 2, 2020 8:32 PM
Quote:
Originally posted by 1KIKI:
That topic is:
And if democrats don't do any different, how are they any better?
More specifically, what did the democrats do to change the economy to help the average American worker over the past 4 decades?
Quote:And democrats are up in arms! They're making speeches, filibustering the Senate, airing commercials ...
President Donald Trump has vowed to kill funding for a critical, gargantuan program that nearly 70 million Americans depend on.
...
...
... what's that you say? They're not doing any of that?
And if democrats don't do any different, how are they any better? RF is an idiot.
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Wednesday, September 2, 2020 9:08 PM
Quote:Reality is a disease to inbred white trash like 6ix.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by reaverfan:
^ This is a brain disease.
Wow.
Do Right, Be Right. :)
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Wednesday, September 2, 2020 9:09 PM
She's in MO-18. That is a trash portion of a trash county in the trashiest area of the state. Per capita income is 17 grand. 98.8 percent white. It's uneducated, poor, stupid, white, and "Christian."
She isn't even that popular and she pulled 70%.
Here’s her office number if you’d like to voice a complaint.
(573) 751-7985?
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Wednesday, September 2, 2020 9:14 PM
Why don't you get a hobby?
You'll feel better about yourself and the world, and it will keep your mind off of all of your paranoia and hatred for America.
Do Right, Be Right. :)
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Wednesday, September 2, 2020 10:06 PM
Quote:
Originally posted by 1KIKI:Quote:
Originally posted by 1KIKI:
That topic is:
And if democrats don't do any different, how are they any better?
More specifically, what did the democrats do to change the economy to help the average American worker over the past 4 decades?
Quote:And democrats are up in arms! They're making speeches, filibustering the Senate, airing commercials ...
President Donald Trump has vowed to kill funding for a critical, gargantuan program that nearly 70 million Americans depend on.
...
...
... what's that you say? They're not doing any of that?
And if democrats don't do any different, how are they any better? RF is an idiot.
1kiki, you are full of shit. Your fat, dumb Trump's plan to simultaneously ruin Social Security and Medicare is in deep trouble. Find out what kind of trouble by googling Are Democrats outraged by Trump FICA tax change?
www.google.com/search?q=Are+Democrats+outraged+by+Trump+FICA+tax+chang
e%3F
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Thursday, September 3, 2020 2:37 AM
Quote:
Originally posted by 1KIKI:
That topic is:
And if democrats don't do any different, how are they any better?
More specifically, what did the democrats do to change the economy to help the average American worker over the past 4 decades?
Quote:
President Donald Trump has vowed to kill funding for a critical, gargantuan program that nearly 70 million Americans depend on.
Quote:
And democrats are up in arms! They're making speeches, filibustering the Senate, airing commercials ...
...
...
... what's that you say? They're not doing any of that?
Quote:
1kiki, you are full of shit. Your fat, dumb Trump's plan to simultaneously ruin Social Security and Medicare is in deep trouble. Find out what kind of trouble by googling Are Democrats outraged by Trump FICA tax change?
www.google.com/search?q=Are+Democrats+outraged+by+Trump+FICA+tax+chang
e%3F
www.google.com/search?q=Are+Democrats+outraged+by+Trump+FICA+tax+chang
e%3F
Search Results
Web results
Trump's executive orders spark confusion among businesses ...
www.washingtonpost.com › us-policy › 2020/08/09 › t...
Aug 9, 2020 - But Democrats ... questioned their effectiveness. ... Angry citizens are driving public health officials like me from our jobs ... until January payment of a payroll tax that funds Social Security and Medicare. Trump added he would try to change federal rules next year to make ...
Trump's Push to Cut Payroll Taxes Opens a Democratic Line ...
www.nytimes.com › U.S. › Politics
Aug 11, 2020 - Because the taxes provide funding for Social Security, Democrats have ... President Trump's campaign has said that if he is re-elected, he will look ... by payroll taxes, and getting rid of them would be a drastic change to the ...
Missing: outraged ?| Must include: outraged
Trump payroll-tax cut push creates new headache for ... - TheHill
thehill.com › policy › finance › 508235-trump-payroll-...
Jul 21, 2020 - President Trump is renewing his push for a payroll-tax cut to be part of the next ... Employees and employers each pay Social Security payroll taxes of 6.2 ... and Democrats continue to be opposed to the payroll-tax cut idea. ... tax holiday through the end of the year wouldn't do much to increase hiring ... democrats nowhere to be found
What Trump's Payroll Tax Cut Will Mean for You - Yahoo Money
money.yahoo.com › trumps-payroll-tax-cut-mean-211...
5 days ago - President Trump issued an executive order to suspend the collection of Social Security payroll taxes. ... For 2020, the Social Security tax is only levied on the first $137,700 ... The government's action doesn't actually change the underlying ... of Minsk again last weekend, and the outrage remains palpable. democrats nowhere to be found
Letter: Trump's payroll tax break does more harm than good ...
www.stltoday.com › opinion › mailbag › letter-trumps-pa...
Aug 11, 2020 - Dems say Trump's payroll tax break weakens Social Security ... If a Democrat is elected, he would look bad “increasing taxes” merely by restoring what Trump cut. ... 4) Workers will have to increase their taxes to support retirees — or ... It is far too convenient for the powers that be to blame this outrage on ...
Trump's Payroll Tax Cut, The Democrats' Social Security ...
www.forbes.com › sites › ebauer › 2020/08/13 › trump...
Aug 13, 2020 - Using tax revenues from the wealthy to fund Social Security benefits while ... Trump's Payroll Tax Cut, The Democrats' Social Security Expansion, And ... changes in the system — hence, “having your cake and eating it, too.”.
Missing: outr
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Thursday, September 3, 2020 6:32 AM
Quote:What I see is Trump gave a ridiculous order that won't be obeyed because Congress did not pass a law to stop collecting the FICA taxes.
Originally posted by 1KIKI:
Yep. I see dead people ... I mean, democrats.
And if democrats don't do any different, how are they any better?
The House of Representatives can't stop Trump from being ridiculous. That's not the House's problem. It is the problem of the GOP Senate to slap Trump in the face and demand he stop being an idiot:
On Aug. 28, the IRS issued Notice 2020-65, allowing employers to suspend withholding and paying to the IRS eligible employees' Social Security payroll taxes, as part of COVID-19 relief.
The payroll tax "holiday," or suspension period, runs from Sept. 1 through Dec. 31, 2020, and applies only to employees whose wages are less than $4,000 for a biweekly pay period, including salaried workers earning less than $104,000 per year.
Companies that suspend collection of employees' payroll tax would collect additional amounts from workers' paychecks from Jan. 1 through April 30 next year to repay the tax obligation.
President Donald Trump sent a memorandum on Aug. 8 to the Treasury Department to defer collection of the employee portion of Social Security from Sept. 1 through the end of 2020.
Bare Bones Guidance
At just 2 1/2 double-spaced pages, Notice 2020-65 provides a minimum amount of information and leaves many questions to be answered, presumably in follow-up guidance.
As to whether employers will comply with the notice and suspend employees' Social Security FICA withholding, "It's too early to say," according to Pete Isberg, vice president of government relations at HR and payroll services firm ADP Inc. Employers "are just now considering how the program would work."
Isberg said that whether to suspend withholding of employees' payroll tax was in effect "voluntary." Although the language of the notice is directive, it includes no penalties for noncompliance.
It remains uncertain, however, how many private-sector employers will suspend collection of their employees' Social Security taxes, and, if they decide to do so, when they could reasonably adjust their payroll systems to stop withholding these taxes.
If employers suspend Social Security payroll tax withholding for eligible employees, the guidance does not provide for allowing individuals to opt out, which had been an administrative concern employers had raised.
More at www.shrm.org/resourcesandtools/hr-topics/compensation/pages/irs-guidan
ce-workers-payroll-tax-holiday.aspx
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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