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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMnuchin threatens to make taxpayers pay back COVID money unless Trump is reelected
Published 8 mins ago on August 9, 2020
By David Edwards
Treasury Secretary Steve Mnuchin suggested on Sunday that Americans will have to pay the government back for any payroll tax reduction unless President Donald Trump is reelected.
In an interview on FOX, host Chris Wallace noted that the presidents latest executive action on COVID-19 financial relief is not a tax cut.
Its a payroll tax suspension, Wallace explained. Isnt there a danger that a lot of businesses wont pass these saving through to workers because theyre going to hold on to the money because at some point, according to this executive action by the end of the year, those payroll taxes are going to be have to be paid anyway?
Well, the president wanted to do a payroll tax cut, Mnuchin replied. We could do the payroll tax deferral. Hes going to go to the American people and tell them that when hes reelected, he will push through legislation to forgive that so, in essence, it will turn into a payroll tax cut.
https://www.rawstory.com/2020/08/mnuchin-threatens-to-make-taxpayers-pay-back-money-unless-trump-is-reelected/
Hey Mnuchin, did you ever pay into Social Security and Medicare while you foreclosing on peoples homes............nope because asshole you made over $125,000.01 and you didn't have to pay into the system after that amount..............but all of us that paid into the system paid for your lack of not paying into the system after the $125,000.01 into the fund and now you want to take it from some the general fund, that supports the program.............maybe you and other elites need to pay into the fund after the $125,000.01 has been reached............asshole.............
Ilsa
(61,692 posts)Fuck their threats.
subterranean
(3,427 posts)SiliconValley_Dem
(1,656 posts)not going to happen
Javaman
(62,510 posts)The oranges asshole loses and during that very long 2 1/2 months of insanity, he and his room full of crooks and dopes are going to strong arm the American public and squeeze us for every dime we have?
Gotcha Steve, go for it, you piece of shit.
What an nonentity dick sucking lackey he is.
SheltieLover
(57,073 posts)To include the amount. 👍
Is this what this debacle is about, in the short term? 🤬
Thing repukes don't understand is that once all social programs are cut, repukes would raise taxes sky high on working class.
That's the reuke dream!
In TN, there's no state income tax, but sales tax is sky high. So low wage earners & those on food stamps are paying tge way for big $ earners. Meanwhile, the infrastructure continues to crumble.🤬
roamer65
(36,745 posts)It should be cut, thus forcing them to institute a state income tax or raising the one they have.
They also should eliminate their sales taxes on essential items. In Michigan, we dont tax food, for example.
SheltieLover
(57,073 posts)And I live in shithole TN at present.
Can't even think of all the broken car parts from holes & mounds of paltch asphlalt they just throw down wherever. Steering rack, oil pan, struts, etc. Like offroading on interstates. 🤬
Luciferous
(6,078 posts)bad some of the areas were- not even just the roads, but like piles of garbage on the sides of the road. I don't know what they are spending the money on! People also said we were dumb for buying a house in DeSoto county since my husband worked in Memphis because we had to pay income tax, but I thought it was worth it for the better schools. We would have spent a lot more than the cost of income tax on a house in a good neighborhood and private schools. And then the people there complain about the damn liberal Yankees in the blue states who are paying to support them. There are things I miss about living there, but overall I was glad we moved back up north. Our schools are nice, we have excellent community programs which we didn't have at all in MS, and we have an excellent library and nice roads- we pay a lot more in taxes, but you get what you pay for
SheltieLover
(57,073 posts)Yup, it's incredibly trashy here. And, you are right that they complain about big cities & libs, who fund these shitty states. the stupidity is truly overwhelming. I honestly never knew such stupid people existed.
Hoping Joe gets elected, then I can sell house & gtf outta here! 😁
Luciferous
(6,078 posts)SheltieLover
(57,073 posts)You are an inspiration!
I'd sell now, but I'm afraid the market will tank & banks won't be lending on mortgages.
Luciferous
(6,078 posts)move? Our original plan was to do 5 more years in Wisconsin and then move to Texas because that's where my husband is from but we'll see how that works out. So far we have had many opportunities to move to Texas and for some reason or another decide against it. The tide seems to be turning there politically so maybe by the time we actually make the move it will be a blue state 😁
SheltieLover
(57,073 posts)Nice state. I'd love to move back to Asheville but, sadly, the wealthy have found the mountains making it cost prohibitive. 😏
Luciferous
(6,078 posts)a beautiful state.
SheltieLover
(57,073 posts)It is & crime is so much lower. Most people much nicer. 😊👍
Lonestarblue
(9,963 posts)Im tired of the blue states supporting red states that keep their taxes low so they can get more federal dollars.
We do not have a state income tax in Texas, but everything else is taxed. Property taxes are much higher here than what I experienced in the Northeast. Im sure Texas gets its share of federal dollars, except for one area. State officials refused to expand Medicaid under the ACA, so it has the distinction of being number 1 in the country for the highest number of people without health insurance. And in a fit of Christian domination a few years ago, the state severely cut funding for women's health clinics serving mostly poor women without health insurance in an effort to force Planned Parenthood out of business in Texas. The result was 81 clinics closed, only three of which had ever performed an abortion and thousands of poor women with no healthcare. Another result was a spike in maternal death rates. Texas has one of the highest rates among developed countries, especially for Black women.
Luciferous
(6,078 posts)SheltieLover
(57,073 posts)Not sure. Reconstruction?
RT Atlanta
(2,517 posts)what happens to he and his asshole trophy wife when our citizens say 'enough' we're nearing that point now?
I 'get' some level/acknowledgment to help businesses during this trump recession, but there MUST be significant and out of the box efforts (and at more than table scraps of $600 a month or whatever) to help us, 'we the people,' who are starving and may not have a roof over our head soon.
ancianita
(36,015 posts)Hotler
(11,412 posts)Stuart G
(38,414 posts)....This is his way of fighting the upcoming loss in November......................
...This is so stupid that it defines Donald Trump, and they follow him on to the cliff, & jump with their leader.
greatauntoftriplets
(175,730 posts)Will he collect UI once he's out of a job?
roamer65
(36,745 posts)MineralMan
(146,284 posts)Unless you grifted enough from your current position to retire as a wealthy man, you go when Trump goes.
Good Riddance, You Falsely Pious Little Shit!
imanamerican63
(13,765 posts)And he should be put in jail for even thinking he could get away with it! Pathetic from the leadership down!
I know Trump is no leader and. Mhunciee man would be put in jail! But hey I call it the way Trump Trump would! Drain the swamp!
zipplewrath
(16,646 posts)There were several points in Trumps little speech where he basically engaged in bribery, using the nations treasury. It's what he got impeached for. Hey, Collins, ya think he learned his lesson? Yeah, you taught him something alright. You taught him that he could get away with it.
OMGWTF
(3,949 posts)There is a reckoning that is way overdue and it's aimed straight at you.
abakan
(1,819 posts)more and more of us will be voting your asses out and hurting you bigly
when you are out of office.
CaptYossarian
(6,448 posts)bucolic_frolic
(43,120 posts)hiding in plain sight.
UserNotFound
(108 posts)That assholes like him give assholes a bad name...
TNNurse
(6,926 posts)He won't be making anyone do anything.
niyad
(113,216 posts)It's not legal to pay for votes, that I know for sure.
Marthe48
(16,928 posts)some people sold their souls, like munchkin's trophy wife, for example. All of us are paying way more than $1200.00.
Yo_Mama_Been_Loggin
(107,863 posts)Blow it out your ass
WyattKansas
(1,648 posts)For the rest of his life that doesn't offer the same luxuries that he has had in the United States and will be at the mercy of ruthless tyrants. Hey Steve, tell us about your grandiose policies after the United States seizes all of your assets around the world for the conspiracy against the United States you took part in with your Soviet Russia & Republican Cabal.