Re: Trump's executive order
[Re: yotetrapper30]
#6958755
08/09/20 07:26 AM
08/09/20 07:26 AM
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Joined: Oct 2014
Posts: 1,975 Wisconsin
8117 Steve R
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I am a Trump supporter, but I am with Danny on this, Executive Orders are dangerous. A president should not have that much power. The next president could sign away some of our freedoms given to us in the constitution, and then we would have to rely on our irresponsible courts to get them back. The legislative branch of the government would become irrelevant.
Steve WTA NRA
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Re: Trump's executive order
[Re: GREENCOUNTYPETE]
#6958759
08/09/20 07:35 AM
08/09/20 07:35 AM
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Joined: May 2011
Posts: 16,511 Oakland, MS
yotetrapper30
OP
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Since taxes are set by Congress, how can Trump terminate them?
This is an election ploy.
Jim As I read this he would not be terminating them at this time , He would be directing the allowed deferment without penalty. you can differ income over 3 years say you move your 401K to a Roth IRA you can divide it by 3 and spread the taxes out over 3 years. this would be similar to that but for the employer portion. it might allow an employer to bring 4 people back when they would have only been able to bring back 3 otherwise. So it sounds like you're reading this like I am then? This executive action allows employers to defer their payroll taxes, but employees are still required to pay them???
~~Proud Ultra MAGA~~
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Re: Trump's executive order
[Re: Duckie1]
#6958796
08/09/20 08:31 AM
08/09/20 08:31 AM
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Joined: Sep 2010
Posts: 2,779 Northern lower Michigan
Feedinggrounds
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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. Fellow Michigan family suffering under the Nasty Governors thumb of E/O's. I and family signed the petition yesterday to snap her lease.
Last edited by Feedinggrounds; 08/09/20 08:32 AM. Reason: correction
you're only allowed so many sunrises... I aim to see every one of them!
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Re: Trump's executive order
[Re: James]
#6958802
08/09/20 08:37 AM
08/09/20 08:37 AM
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Feedinggrounds
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Why do people making $99,999 per year need help?
It's the people who've lost their jobs that need help.
Jim They been getting $600 extra a week...That's not help? Nose bleeds huh?
you're only allowed so many sunrises... I aim to see every one of them!
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Re: Trump's executive order
[Re: yotetrapper30]
#6958834
08/09/20 09:19 AM
08/09/20 09:19 AM
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Joined: Dec 2006
Posts: 21,536 Sandhills Nebraska
Gary Benson
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The best/ only breakfast restaurant in town just closed for good simply because they can't get help. They were doing a great business. Steak house can't get help. Motels can't hire help. It's pathetic.
Life ain't supposed to be easy.
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Re: Trump's executive order
[Re: yotetrapper30]
#6958871
08/09/20 10:10 AM
08/09/20 10:10 AM
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Joined: Dec 2006
Posts: 29,750 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
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The best economic relief would be to quit all the chinese flu rules and repeal 80% of the licensing and other onerous business regulations. If the government would get out of the way the people in the United States would do what they do best. Create wealth.
The definition of license is: permission to do something that is illegal. How can running a private business be illegal in the first place??????
Ending minimum wage laws and GOVERNMENT unemployment insurance would be a real good start.
It looks to me like politicians are trying desperately to save fiat currency. IF that is accurate you better hang on. Going to be a carnival ride like nobody has ever seen before.
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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Re: Trump's executive order
[Re: yotetrapper30]
#6958931
08/09/20 11:36 AM
08/09/20 11:36 AM
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Joined: Mar 2007
Posts: 35,124 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
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Posts: 35,124
McGrath, AK
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So it sounds like you're reading this like I am then? This executive action allows employers to defer their payroll taxes, but employees are still required to pay them???
No. The employee portion will not be deducted from the employee's wages. Additionally, the employer will be allowed to defer payment to the government, BOTH the employee and employer portion of the tax. Those deferred taxes MAY be payable at some point in the future. Trump said that if he is elected he will work to negate those particular taxes from payment.
Mean As Nails
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Re: Trump's executive order
[Re: James]
#6958940
08/09/20 11:42 AM
08/09/20 11:42 AM
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Joined: Mar 2007
Posts: 35,124 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
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McGrath, AK
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Since taxes are set by Congress, how can Trump terminate them?
This is an election ploy.
Jim He isn't terminating them.He is deferring them at this point. His statement goes on to say that he will instruct the Secretary of the Treasury to work towards LEGISLATION to eliminate those particular taxes permanently. That means he expects Congress to do it........not his EO
Mean As Nails
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Re: Trump's executive order
[Re: James]
#6958962
08/09/20 12:12 PM
08/09/20 12:12 PM
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Joined: Oct 2009
Posts: 3,635 Pottawatamie co. IA
LLtrapper
"The Coon Combine"
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"The Coon Combine"
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Why do people making $99,999 per year need help?
It's the people who've lost their jobs that need help.
Jim That is the exact point. Go get a job and you will receive the benefits of your labor instead of those who do not work enjoying the benefits of your labor. You know, anti socialist/ pro worker. LLL
Isaiah 51:6 But my salvation will last forever, my righteousness will never fail.
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Re: Trump's executive order
[Re: yotetrapper30]
#6958980
08/09/20 12:42 PM
08/09/20 12:42 PM
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Joined: Dec 2010
Posts: 11,135 Armpit, ak
Dirt
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Don't worry Jim, every day Trump does some socialist or fiscally stupid stuff, real Conservatives recognize it for what it is.
Who is John Galt?
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Re: Trump's executive order
[Re: yotetrapper30]
#6959015
08/09/20 01:47 PM
08/09/20 01:47 PM
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Joined: Oct 2015
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mainer
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Whatever else it may be, it's clearly a political move and a very smart one at that. It sets up a stark contrast between a bickering and failing Congress whose sole interests are mired in power politics and President Trump who cuts through the partisan nonsense and gets it done for the American people with the stroke of a pen. You may disagree with the move, see it as cynical, politically self serving, unconstitutional, or whatever.... None of that matters. The point is that the contrast has nevertheless been made and is unambiguous. Once again, the Democrats gave Trump everything he needed. That contrast will grow and solidify when the Democrats challenge it in the courts, and Trump will be given a ready-made platform to do what he does best. As some of his critics on the Left have said over and over since this all started, Trump is out-lefting the Left. While that may be distasteful for conservatives in the short term, it's shrewd political gamesmanship in the long term. It's a beautiful thing. Note: I kinda wish RoyTOOdum was still around to call me a closeted liberal or worse a Democrat, but I have no doubt someone here will carry his torch.
Last edited by mainer; 08/09/20 01:51 PM.
"...in a very few days we succeeded in taking over one hundred beaver, the skins of which were worth ten dollars per pound." Jim Beckwourth (1856)
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Re: Trump's executive order
[Re: yotetrapper30]
#6959020
08/09/20 01:52 PM
08/09/20 01:52 PM
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Joined: Dec 2006
Posts: 29,750 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
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williamsburg ks
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who wins the prize for the greatest deficit increase. trump or obama?
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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