No Profanity *** No Flaming *** No Advertising *** No Anti Trappers *** No Politics
No Non-Target Catches *** No Links to Anti-trapping Sites *** No Avoiding Profanity Filter


Home~Trap Talk~ADC Forum~Trap Shed~Wilderness Trapping~International Trappers~Fur Handling

Auction Forum~Trapper Tips~Links~Gallery~Basic Sets~Convention Calendar~Chat~ Trap Collecting Forum

Trapper's Humor~Strictly Trapping~Fur Buyers Directory~Mugshots~Fur Sale Directory~Wildcrafting

Trapper's Tales~Words From The Past~Legends~Archives~Kids Forum~Lure Formulators Forum~ Fermenter's Forum


~~~ Dobbins' Products Catalog ~~~


Minnesota Trapline Products
Please support our sponsor for the Trappers Talk Page - Minnesota Trapline Products


Print Thread
Hop To
Page 1 of 7 1 2 3 4 5 6 7
Trump's executive order #6958446
08/08/20 08:39 PM
08/08/20 08:39 PM
Joined: May 2011
Posts: 9,072
Oakland, MS
yotetrapper30 Offline OP
trapper
yotetrapper30  Offline OP
trapper

Joined: May 2011
Posts: 9,072
Oakland, MS
So I'm sure most of you heard about Trump's executive order today. Now, economics isn't my strong suit, but if they stop taking federal payroll taxes out of our checks, won't we end up owing more at tax time? Or am I missing something?

Re: Trump's executive order [Re: yotetrapper30] #6958451
08/08/20 08:44 PM
08/08/20 08:44 PM
Joined: Jan 2014
Posts: 10,228
Central Oregon
AntiGov Offline
trapper
AntiGov  Offline
trapper

Joined: Jan 2014
Posts: 10,228
Central Oregon
Originally Posted by yotetrapper30
So I'm sure most of you heard about Trump's executive order today. Now, economics isn't my strong suit, but if they stop taking federal payroll taxes out of our checks, won't we end up owing more at tax time? Or am I missing something?



I didn't catch the run down on that , but maybe he is referring to the employer portion of the payroll tax only . The part where if you employ someone you get to pay a fine ( tax ) instead of receiving a tax credit for creating a job or jobs . It would seem you may be correct if it is also for the employee portion. Idk

Last edited by AntiGov; 08/08/20 08:46 PM.

Report a post club - Non member


Re: Trump's executive order [Re: yotetrapper30] #6958452
08/08/20 08:45 PM
08/08/20 08:45 PM
Joined: Dec 2006
Posts: 13,892
Anchorage, Alaska
J
James Offline
"Minka"
James  Offline
"Minka"
J

Joined: Dec 2006
Posts: 13,892
Anchorage, Alaska
He's going to charge it to the national debt.

I'll wait for those who have argued such executive orders are unconstitutional to show up.

Jim


Forum Infidel since 2001

"And that troll bs is something triggered snowflakes say when they dont like what someone posts." - Boco
Re: Trump's executive order [Re: yotetrapper30] #6958457
08/08/20 08:49 PM
08/08/20 08:49 PM
Joined: Jan 2014
Posts: 10,228
Central Oregon
AntiGov Offline
trapper
AntiGov  Offline
trapper

Joined: Jan 2014
Posts: 10,228
Central Oregon
I don't know all the details but seems much better than giving people who won't work wheelbarrows full of money to stay home and do nothing


Report a post club - Non member


Re: Trump's executive order [Re: yotetrapper30] #6958459
08/08/20 08:50 PM
08/08/20 08:50 PM
Joined: Mar 2007
Posts: 30,247
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 30,247
McGrath, AK
The President said that he would direct the Treasury Department to allow employers to “defer” the payment of payroll taxes and then direct the Secretary of the Treasury to “explore avenues, including legislation, to eliminate the obligation to pay the taxes deferred pursuant to the implementation of this memorandum.”

He would later state that if he was re-elected, he’d “terminate” those taxes.


https://www.forbes.com/sites/jimwan...ed-and-eviction-moratorium/#2e6d32bfe785


Mean As Nails
Re: Trump's executive order [Re: yotetrapper30] #6958460
08/08/20 08:52 PM
08/08/20 08:52 PM
Joined: May 2010
Posts: 6,770
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 6,770
mn north of blakely
Angela, as the order is written, you are correct. We'll have to pay it back at tax time. It appears that he said if he's reelected he'll forgive those taxes.

Re: Trump's executive order [Re: AntiGov] #6958464
08/08/20 08:53 PM
08/08/20 08:53 PM
Joined: Mar 2019
Posts: 4
North Carolina
F
finbar Offline
trapper
finbar  Offline
trapper
F

Joined: Mar 2019
Posts: 4
North Carolina
The order would cover payroll taxes for the employee, so no FICA. It wouldn't change your income tax liability which is not a payroll tax. But I'm just a guy who does his own taxes, not an expert at all

Re: Trump's executive order [Re: AntiGov] #6958465
08/08/20 08:53 PM
08/08/20 08:53 PM
Joined: May 2010
Posts: 6,770
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 6,770
mn north of blakely
Originally Posted by AntiGov
I don't know all the details but seems much better than giving people who won't work wheelbarrows full of money to stay home and do nothing


Don't you think the wheelbarrows aren't coming. I think this is a ploy to get the Democrats back to the table. I also expect this won't be the last stimulus.

Re: Trump's executive order [Re: white17] #6958470
08/08/20 08:57 PM
08/08/20 08:57 PM
Joined: Jan 2014
Posts: 10,228
Central Oregon
AntiGov Offline
trapper
AntiGov  Offline
trapper

Joined: Jan 2014
Posts: 10,228
Central Oregon
Originally Posted by white17
The President said that he would direct the Treasury Department to allow employers to “defer” the payment of payroll taxes and then direct the Secretary of the Treasury to “explore avenues, including legislation, to eliminate the obligation to pay the taxes deferred pursuant to the implementation of this memorandum.”

He would later state that if he was re-elected, he’d “terminate” those taxes.


https://www.forbes.com/sites/jimwan...ed-and-eviction-moratorium/#2e6d32bfe785



A risky proposition . I'd rather pay it and then recieve a credit , hopefully


Report a post club - Non member


Re: Trump's executive order [Re: yotetrapper30] #6958475
08/08/20 08:59 PM
08/08/20 08:59 PM
Joined: Dec 2018
Posts: 2,461
WI
Sprung & Rusty Offline
trapper
Sprung & Rusty  Offline
trapper

Joined: Dec 2018
Posts: 2,461
WI
What are we supposed to do? Millions have been affected. Lost their jobs and some lost their business. All from a man made virus.

Re: Trump's executive order [Re: Steven 49er] #6958477
08/08/20 09:00 PM
08/08/20 09:00 PM
Joined: Jan 2014
Posts: 10,228
Central Oregon
AntiGov Offline
trapper
AntiGov  Offline
trapper

Joined: Jan 2014
Posts: 10,228
Central Oregon
Originally Posted by Steven 49er
Originally Posted by AntiGov
I don't know all the details but seems much better than giving people who won't work wheelbarrows full of money to stay home and do nothing


Don't you think the wheelbarrows aren't coming. I think this is a ploy to get the Democrats back to the table. I also expect this won't be the last stimulus.



I think Trump wants to do something for the working class for change , instead of giving the treasure chest to the 100,000,000 or so bottom feeders


Report a post club - Non member


Re: Trump's executive order [Re: white17] #6958478
08/08/20 09:00 PM
08/08/20 09:00 PM
Joined: May 2011
Posts: 9,072
Oakland, MS
yotetrapper30 Offline OP
trapper
yotetrapper30  Offline OP
trapper

Joined: May 2011
Posts: 9,072
Oakland, MS
Originally Posted by white17
The President said that he would direct the Treasury Department to allow employers to “defer” the payment of payroll taxes and then direct the Secretary of the Treasury to “explore avenues, including legislation, to eliminate the obligation to pay the taxes deferred pursuant to the implementation of this memorandum.”

He would later state that if he was re-elected, he’d “terminate” those taxes.


https://www.forbes.com/sites/jimwan...ed-and-eviction-moratorium/#2e6d32bfe785


See, so is it the employers that don't have to pay their portion, or the employees? Because the first paragraph there says employers....

Re: Trump's executive order [Re: white17] #6958480
08/08/20 09:02 PM
08/08/20 09:02 PM
Joined: Mar 2011
Posts: 6,799
Montana ,Rocky Mtns.
Sharon Offline
"American Honey"
Sharon  Offline
"American Honey"

Joined: Mar 2011
Posts: 6,799
Montana ,Rocky Mtns.
Originally Posted by white17
The President said that he would direct the Treasury Department to allow employers to “defer” the payment of payroll taxes and then direct the Secretary of the Treasury to “explore avenues, including legislation, to eliminate the obligation to pay the taxes deferred pursuant to the implementation of this memorandum.”

He would later state that if he was re-elected, he’d “terminate” those taxes.


https://www.forbes.com/sites/jimwan...ed-and-eviction-moratorium/#2e6d32bfe785




This....

I saw this live and that is exactly what he said. He wanted to get the process into action and then make sure his directions are followed. Proof to anyone that he wants the interest of the people out of work , not looters of taxpayer's funds for illegal aliens , criminals, and middle eastern types in paid health care, voting, mail in ballots , etc., to our demise. Love how he was able to circumnavigate those who hate this country.

Re: Trump's executive order [Re: yotetrapper30] #6958483
08/08/20 09:08 PM
08/08/20 09:08 PM
Joined: Dec 2006
Posts: 13,892
Anchorage, Alaska
J
James Offline
"Minka"
James  Offline
"Minka"
J

Joined: Dec 2006
Posts: 13,892
Anchorage, Alaska
Since taxes are set by Congress, how can Trump terminate them?

This is an election ploy.

Jim


Forum Infidel since 2001

"And that troll bs is something triggered snowflakes say when they dont like what someone posts." - Boco
Re: Trump's executive order [Re: James] #6958484
08/08/20 09:13 PM
08/08/20 09:13 PM
Joined: May 2011
Posts: 9,072
Oakland, MS
yotetrapper30 Offline OP
trapper
yotetrapper30  Offline OP
trapper

Joined: May 2011
Posts: 9,072
Oakland, MS
Originally Posted by James
Since taxes are set by Congress, how can Trump terminate them?

This is an election ploy.

Jim


It is. I agree with you, and I don't agree with ANY of this. But I still won't be voting for Biden or whoever that other chick is.

Re: Trump's executive order [Re: James] #6958485
08/08/20 09:14 PM
08/08/20 09:14 PM
Joined: Jul 2009
Posts: 605
Oregon
H
H2ORat Offline
trapper
H2ORat  Offline
trapper
H

Joined: Jul 2009
Posts: 605
Oregon
Originally Posted by James
Since taxes are set by Congress, how can Trump terminate them?

This is an election ploy.

Jim

And a good one -- are you sorry that the dems can't do this?

Re: Trump's executive order [Re: yotetrapper30] #6958486
08/08/20 09:16 PM
08/08/20 09:16 PM
Joined: Dec 2006
Posts: 13,892
Anchorage, Alaska
J
James Offline
"Minka"
James  Offline
"Minka"
J

Joined: Dec 2006
Posts: 13,892
Anchorage, Alaska
Not really. The courts are likely to strike that one down.

Jim


Forum Infidel since 2001

"And that troll bs is something triggered snowflakes say when they dont like what someone posts." - Boco
Re: Trump's executive order [Re: James] #6958487
08/08/20 09:16 PM
08/08/20 09:16 PM
Joined: Jun 2010
Posts: 130
Oregon
SpottedOwl Offline
trapper
SpottedOwl  Offline
trapper

Joined: Jun 2010
Posts: 130
Oregon
Originally Posted by James


This is an election ploy.

Jim


So was being able to keep my doctor. Hopefully this turns out better in the end.



Owl


Spend time with your kids while THEY still have time

Your life is an occasion ..... Rise to it
Re: Trump's executive order [Re: James] #6958490
08/08/20 09:22 PM
08/08/20 09:22 PM
Joined: Dec 2008
Posts: 1,488
MN
W
walleye101 Offline
trapper
walleye101  Offline
trapper
W

Joined: Dec 2008
Posts: 1,488
MN
Originally Posted by James
Since taxes are set by Congress, how can Trump terminate them?

This is an election ploy.

Jim


Don't underestimate Orange Man Bad, he may just terminate Congress.

Re: Trump's executive order [Re: walleye101] #6958492
08/08/20 09:24 PM
08/08/20 09:24 PM
Joined: Feb 2015
Posts: 2,259
Iowa
T
trapdog1 Offline
trapper
trapdog1  Offline
trapper
T

Joined: Feb 2015
Posts: 2,259
Iowa
Originally Posted by walleye101
Originally Posted by James
Since taxes are set by Congress, how can Trump terminate them?

This is an election ploy.

Jim


Don't underestimate Orange Man Bad, he may just terminate Congress.



Sometimes I think we'd be better off without them.

Page 1 of 7 1 2 3 4 5 6 7
Previous Thread
Index
Next Thread