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Re: Trump's executive order [Re: James] #6958493
08/08/20 09:24 PM
08/08/20 09:24 PM
Joined: Dec 2018
Posts: 2,297
WI
Sprung & Rusty Offline
trapper
Sprung & Rusty  Offline
trapper

Joined: Dec 2018
Posts: 2,297
WI
Originally Posted by James
Since taxes are set by Congress, how can Trump terminate them?

This is an election ploy.

Jim


Not really. Trump said he's tired of the democrats not working with him. He's had enough and is executive ordering it. Can't blame him. P and S need to be fired. They are evil.

Last edited by Sprung & Rusty; 08/08/20 09:25 PM.
Re: Trump's executive order [Re: yotetrapper30] #6958495
08/08/20 09:25 PM
08/08/20 09:25 PM
Joined: Jul 2009
Posts: 578
Oregon
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H2ORat Offline
trapper
H2ORat  Offline
trapper
H

Joined: Jul 2009
Posts: 578
Oregon
Sometimes???

Re: Trump's executive order [Re: yotetrapper30] #6958501
08/08/20 09:30 PM
08/08/20 09:30 PM
Joined: Aug 2019
Posts: 211
Michigan
D
Duckie1 Offline
trapper
Duckie1  Offline
trapper
D

Joined: Aug 2019
Posts: 211
Michigan
Trump has said from day one he wanted to eliminate the payroll tax, that was in his campaign speeches last time around.
The Supremes gave him the E.O. option when they said Obama's Excutive Orders, which even Obama said were unconstitutional, could stand.
I don't agree with excessive E.O.s being passed by anyone but you can't just blame Trump when people like Whitmer here in Michigan are nearing 180 E.O.s since March.

Re: Trump's executive order [Re: yotetrapper30] #6958504
08/08/20 09:32 PM
08/08/20 09:32 PM
Joined: May 2011
Posts: 861
Kansas
K
Kansas Cat Offline
trapper
Kansas Cat  Offline
trapper
K

Joined: May 2011
Posts: 861
Kansas
This is blatantly political but, one party is in favor of political violence and one party is in favor of workers/employers keeping more of what they have earned. This is really only the tip of the iceberg in terms of philosophical/political differences between the right and the left. If you are having a hard time choosing then there isn't a lot left to discuss.

Re: Trump's executive order [Re: yotetrapper30] #6958517
08/08/20 09:41 PM
08/08/20 09:41 PM
Joined: Jun 2012
Posts: 1,737
KY.usa
rex123 Offline
trapper
rex123  Offline
trapper

Joined: Jun 2012
Posts: 1,737
KY.usa
This will be settled in the courts. I think he just did it to get both sides back to the table.

Re: Trump's executive order [Re: yotetrapper30] #6958522
08/08/20 09:44 PM
08/08/20 09:44 PM
Joined: Mar 2018
Posts: 1,019
Pa.
B
Bigbrownie Offline
trapper
Bigbrownie  Offline
trapper
B

Joined: Mar 2018
Posts: 1,019
Pa.
For the last 40 years, we’ve been told that the Social Security system was going broke. Seems fiscally irresponsible to suspend paying into an already troubled program.

But when the Federal government starts handing out trillions of dollars like candy at Halloween, what’s a few more hundred billion?

The Deficit Hawk is an endangered bird....in both parties.

Re: Trump's executive order [Re: Sprung & Rusty] #6958524
08/08/20 09:45 PM
08/08/20 09:45 PM
Joined: Mar 2013
Posts: 13,493
Fredonia, PA.
Finster Offline
trapper
Finster  Offline
trapper

Joined: Mar 2013
Posts: 13,493
Fredonia, PA.
Originally Posted by Sprung & Rusty
What are we supposed to do? Millions have been affected. Lost their jobs and some lost their business. All from a man made virus.

That DemoRats are blowing way out of proportion. The country should be back to work, the kids should be going back to school and life should be back to normal. The only difference is that the elderly should be taking special precautions except in New York where DemoRat Cuomo has already murdered them all.


I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
Re: Trump's executive order [Re: yotetrapper30] #6958530
08/08/20 09:49 PM
08/08/20 09:49 PM
Joined: Nov 2007
Posts: 7,697
St. Cloud, MN
trapperkeck Offline
trapper
trapperkeck  Offline
trapper

Joined: Nov 2007
Posts: 7,697
St. Cloud, MN
He did it so he could be on the receiving end of the political football. He will make a few jukes, maybe get a first down or two. The courtroom punt will not occur until after the election. He is the only one who seems to care about the working folks. The rest of the crew, on either side, are more worried about public image and lining pockets than anything else.


"The voice of reason!"
Re: Trump's executive order [Re: James] #6958533
08/08/20 09:50 PM
08/08/20 09:50 PM
Joined: Jan 2007
Posts: 9,806
Georgia
warrior Offline
trapper
warrior  Offline
trapper

Joined: Jan 2007
Posts: 9,806
Georgia
Originally Posted by James
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


I'm your huckleberry. They are indeed unconstitutional by strict interpretation however in light of a long train of past practice I'll say that what's good for the goose is good for the gender.
IMO, as executive President Trump may order the IRS to not collect or otherwise perform their duties but to create tax code out of whole cloth is the purview of the House of Representives alone.

Re: Trump's executive order [Re: yotetrapper30] #6958534
08/08/20 09:51 PM
08/08/20 09:51 PM
Joined: Oct 2018
Posts: 3,082
Dunbar, Wisconsin
P
Pike River Offline
trapper
Pike River  Offline
trapper
P

Joined: Oct 2018
Posts: 3,082
Dunbar, Wisconsin
Socialist Democrat with an R in front of his name.

Re: Trump's executive order [Re: yotetrapper30] #6958539
08/08/20 09:56 PM
08/08/20 09:56 PM
Joined: May 2009
Posts: 8,020
Champaign County, Ohio.
K
KeithC Online content
trapper
KeithC  Online Content
trapper
K

Joined: May 2009
Posts: 8,020
Champaign County, Ohio.
By deferring the employee portion of payroll taxes, 6.2% for Social Security and 1.45% for Medicare, workers making less than $100,000 a year will have 7.65% more of the money they earned to spend until tax time, when it will be have to paid back, if President Trump isn't reelected. It seems like a good idea to me, because it helps Americans who actually deserve to be helped.

Keith

Re: Trump's executive order [Re: yotetrapper30] #6958543
08/08/20 10:03 PM
08/08/20 10:03 PM
Joined: Dec 2006
Posts: 13,813
Anchorage, Alaska
J
James Offline
"Minka"
James  Offline
"Minka"
J

Joined: Dec 2006
Posts: 13,813
Anchorage, Alaska
Why do people making $99,999 per year need help?

It's the people who've lost their jobs that need help.

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] #6958546
08/08/20 10:05 PM
08/08/20 10:05 PM
Joined: Dec 2006
Posts: 10,807
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
trapper
G

Joined: Dec 2006
Posts: 10,807
Sandhills Nebraska
Obama came into office with a debt of 8 trillion and now we're at 27 trillion. All Democrats want to do is give, give, give, to keep people from working so it destroys the economy. Fight fire with fire and see who can give the most. Trump is smarter than all Democrats combined. Pulse or no pulse.


I know I'm paranoid......but am I paranoid ENOUGH???
Re: Trump's executive order [Re: yotetrapper30] #6958547
08/08/20 10:05 PM
08/08/20 10:05 PM
Joined: Dec 2006
Posts: 18,029
williamsburg ks
D
danny clifton Offline
trapper
danny clifton  Offline
trapper
D

Joined: Dec 2006
Posts: 18,029
williamsburg ks
Quote
I'll wait for those who have argued such executive orders are unconstitutional to show up.



Im here and I dont want to increase the debt either. i understand the real goal is to shore up the dollar but how long can they keep juggling?


Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
Re: Trump's executive order [Re: yotetrapper30] #6958548
08/08/20 10:05 PM
08/08/20 10:05 PM
Joined: May 2011
Posts: 8,954
Oakland, MS
yotetrapper30 Offline OP
trapper
yotetrapper30  Offline OP
trapper

Joined: May 2011
Posts: 8,954
Oakland, MS
Again....if it is the EMPLOYEE portion of the taxes that are being deferred, why do all the articles on it say EMPLOYER?
Originally Posted by yotetrapper30
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.”


Re: Trump's executive order [Re: yotetrapper30] #6958550
08/08/20 10:06 PM
08/08/20 10:06 PM
Joined: Mar 2018
Posts: 1,019
Pa.
B
Bigbrownie Offline
trapper
Bigbrownie  Offline
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B

Joined: Mar 2018
Posts: 1,019
Pa.
Before I retired, I usually maxed out the SS withholdings about this time of year. I think the limit is now $137,700 in earnings....after that, you’re done paying into SS for that calendar year.

Higher wage earners won’t see a benefit from a payroll tax holiday.

Re: Trump's executive order [Re: danny clifton] #6958557
08/08/20 10:13 PM
08/08/20 10:13 PM
Joined: Dec 2006
Posts: 4,695
Three Lakes,WI 69
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corky Offline
trapper
corky  Offline
trapper
C

Joined: Dec 2006
Posts: 4,695
Three Lakes,WI 69
Originally Posted by danny clifton
Quote
I'll wait for those who have argued such executive orders are unconstitutional to show up.



Im here and I dont want to increase the debt either. i understand the real goal is to shore up the dollar but how long can they keep juggling?

I'm with Danny on this one.

Re: Trump's executive order [Re: yotetrapper30] #6958571
08/08/20 10:21 PM
08/08/20 10:21 PM
Joined: Apr 2009
Posts: 5,561
South Ga - Almost Florida
S
Swamp Wolf Offline
trapper
Swamp Wolf  Offline
trapper
S

Joined: Apr 2009
Posts: 5,561
South Ga - Almost Florida
Hmmm....I'd rather taxes keep being taken from my check if I'm gonna owe it all back if Trump dont get relelected.

That'll sting come April 2021.


Thank God For Your Blessings!

Re: Trump's executive order [Re: James] #6958573
08/08/20 10:22 PM
08/08/20 10:22 PM
Joined: Sep 2008
Posts: 4,882
NC
B
bowhunter27295 Offline
trapper
bowhunter27295  Offline
trapper
B

Joined: Sep 2008
Posts: 4,882
NC
Originally Posted by James
Since taxes are set by Congress, how can Trump terminate them?

This is an election ploy.

Jim


Can you explain the Affordable Health Care act to us again, counselor?


The world is full of sheep and wolves.

Be the sheepdog.
Re: Trump's executive order [Re: Bigbrownie] #6958575
08/08/20 10:24 PM
08/08/20 10:24 PM
Joined: Apr 2009
Posts: 5,561
South Ga - Almost Florida
S
Swamp Wolf Offline
trapper
Swamp Wolf  Offline
trapper
S

Joined: Apr 2009
Posts: 5,561
South Ga - Almost Florida
Originally Posted by Bigbrownie
Before I retired, I usually maxed out the SS withholdings about this time of year. I think the limit is now $137,700 in earnings....after that, you’re done paying into SS for that calendar year.

Higher wage earners won’t see a benefit from a payroll tax holiday.

That wont be me....that higher wage earner you speak of.


Thank God For Your Blessings!

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