Category: Payroll Taxes
Millions set to receive surprise tax bills for pandemic jobless benefits
‘We Should Be Taxing the Rich, Not the Unemployed’ Democrats are facing pressure to act fast to stave off an “easily avoidable political disaster.” by Jake Johnson, staff writer March 2, 2021 With tax season…
Exposing Trump’s Payroll Tax Deferral as ‘wage theft,’ Treasury signals millions of workers will earn less in 2021 under plan
“Like Donald Trump’s other economic executive orders, this will not provide actual relief to workers.” by Julia Conley, staff writer Sunday, August 30 Days after the payroll processor for the federal government—one of the nation’s largest…
Social Security actuary says Trump payroll tax cut would effectively destroy program by 2023
“Trump’s disastrous plan to defund Social Security would eliminate retirement and disability benefits by 2023,” said Sen. Bernie Sanders. “That may make sense to the billionaires at Trump’s country club, but it makes zero sense to…
‘Stealth Attack on Social Security’: Trump condemned for exploiting coronavirus crisis to push Payroll Tax cut
“This is a Trojan Horse attack on our Social Security system.” by Jake Johnson, staff writer Economists and progressive advocacy groups are warning that President Donald Trump’s proposal to cut or temporarily suspend the payroll tax…
