Tag: payroll taxes
Exposing Trump’s Payroll Tax Deferral as ‘wage theft,’ Treasury signals millions of workers will earn less in 2021 under plan
From the Wire August 30, 2020
“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
From the Wire August 25, 2020
“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…
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