Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(108,089 posts)
Sat Jul 18, 2020, 01:57 PM Jul 2020

Trump re-ups demand that Social Security be destroyed in next COVID-19 relief bill

Donald Trump has returned to his fixation of a payroll tax cut for employees as part of the federal response to coronavirus, despite the fact that it can't be any kind of stimulus when there are at a minimum 36.4 million people in the U.S. who aren't getting a paycheck to have pay payroll taxes not withheld from. What a payroll tax holiday would do is harm Social Security and Medicare since those taxes are dedicated revenue for those programs, and benefit the rich.

"As he has done since the beginning of this pandemic, President Trump wants to provide relief to hardworking Americans who have been impacted by this virus and one way of doing that is with a payroll tax holiday," White House spokesman Judd Deere said in a statement. "He's called on Congress to pass this before and he believes it must be part of any phase four package." Which is entirely bullshit. With unemployment this high and with the coronavirus pandemic still raging, a payroll tax cut will do very little to help anything, particularly stimulating the economy—what will keep everyone afloat is keeping the $600/week unemployment boost as well as another round of direct payments to everyone.

A payroll tax cut said in response to Trump's renewed demand. "Congress must not give into Trump's hostage-taking. Every Senator and Representative needs to call Trump’s bluff and work together to quickly send a COVID relief bill to Trump's desk—without including any cuts to Social Security's dedicated revenue."

Trump's ploy here could not be more transparent. Even Senate Republicans have been cool to the idea of a payroll tax cut for this economic disaster because they know it wouldn't do a damned bit of good and is bad politics. This is ALL about hurting Social Security, something Trump promised he wouldn't do. That's just another one of Trump's 20,000+ lies.

https://www.dailykos.com/stories/2020/7/17/1961513/-Trump-re-ups-demand-that-Social-Security-be-destroyed-in-next-COVID-19-relief-bill?detail=emaildkre

7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump re-ups demand that Social Security be destroyed in next COVID-19 relief bill (Original Post) Yo_Mama_Been_Loggin Jul 2020 OP
democratic house will never agree beachbumbob Jul 2020 #1
And it would benefit the corporations and businesses because they wouldn't have to pay their share MiniMe Jul 2020 #2
Post removed Post removed Jul 2020 #3
I wouldn't be opposed to dropping the payroll tax for anyone docgee Jul 2020 #4
Putin must be grinning sakabatou Jul 2020 #5
Oh, come on! It can't be just Dems who receive and rely on SS. WTF? elias7 Jul 2020 #6
There's no demand to cut benefits. Mariana Jul 2020 #7

MiniMe

(21,718 posts)
2. And it would benefit the corporations and businesses because they wouldn't have to pay their share
Sat Jul 18, 2020, 02:20 PM
Jul 2020

of the taxes either. Why is he so stuck on this horrible idea?

Response to Yo_Mama_Been_Loggin (Original post)

docgee

(870 posts)
4. I wouldn't be opposed to dropping the payroll tax for anyone
Sat Jul 18, 2020, 02:55 PM
Jul 2020

making less than $80k (arbitrary number) and raising the rate for the rest of us to make up the difference.

I'd actually like to see the repuke Senate screw themselves and vote against it too.

Mariana

(14,858 posts)
7. There's no demand to cut benefits.
Sat Jul 18, 2020, 10:11 PM
Jul 2020

They want to cut the payroll tax. Republican SS recipients know their benefits are safe, it's future recipients who will get fucked over. Republican SS recipients think that's just wonderful. If anything it will make them more likely to vote for Trump.

Latest Discussions»General Discussion»Trump re-ups demand that ...