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Re: Trump's executive order [Re: yotetrapper30] #6959423
08/09/20 08:23 PM
08/09/20 08:23 PM
Joined: Mar 2008
Posts: 5,947
n.e, iowa
C
coonman220 Offline
trapper
coonman220  Offline
trapper
C

Joined: Mar 2008
Posts: 5,947
n.e, iowa
I heard that trump executive order well cause a zero chance of another $1200 stimlous. So idk less about executive orders now

Re: Trump's executive order [Re: Dirt] #6959439
08/09/20 08:30 PM
08/09/20 08:30 PM
Joined: May 2011
Posts: 16,512
Oakland, MS
yotetrapper30 Offline OP
trapper
yotetrapper30  Offline OP
trapper

Joined: May 2011
Posts: 16,512
Oakland, MS
Originally Posted by Dirt
Originally Posted by yotetrapper30
So now my question is will it automatically cease to be removed from our paychecks, or is it something you would have to request? Either way, it seems the best thing to do would be to take the deferment (if it's optional) and deposit it into it's own separate account to keep till tax time to see what happens.


The payroll tax is not like the income tax or most other taxes. Your SSI payout is based on the amount you pay in. If you live long enough this tax is returned to you plus extra. This is actually a tax that you may want to pay. It probably benefits you to pay this tax when you are near retirement age. However, probably better not to pay it and spend it on beer or more trapping junk you don't need. smile


The more people comment on here the more confused I get. So the money that will not be taken out, is NOT the money that is normally taken out and given back as a refund in April if they tax you more than what you are supposed to pay in?


~~Proud Ultra MAGA~~
Re: Trump's executive order [Re: yotetrapper30] #6959440
08/09/20 08:30 PM
08/09/20 08:30 PM
Joined: Jan 2014
Posts: 297
Oregon
C
Catpincher Offline
trapper
Catpincher  Offline
trapper
C

Joined: Jan 2014
Posts: 297
Oregon
I would like to see a journalist ask Biden this question. If you were to be elected President will you require The uncollected federal taxes be paid back that president Trump left in the pockets of working Americans?

Re: Trump's executive order [Re: yotetrapper30] #6959464
08/09/20 08:39 PM
08/09/20 08:39 PM
Joined: Mar 2008
Posts: 5,947
n.e, iowa
C
coonman220 Offline
trapper
coonman220  Offline
trapper
C

Joined: Mar 2008
Posts: 5,947
n.e, iowa
His executive orders don't benifit me, idk less

Re: Trump's executive order [Re: Catpincher] #6959496
08/09/20 09:09 PM
08/09/20 09:09 PM
Joined: Feb 2015
Posts: 10,477
Iowa
T
trapdog1 Offline
trapper
trapdog1  Offline
trapper
T

Joined: Feb 2015
Posts: 10,477
Iowa
Originally Posted by Catpincher
I would like to see a journalist ask Biden this question. If you were to be elected President will you require The uncollected federal taxes be paid back that president Trump left in the pockets of working Americans?


Biden's response: "C'mon man! I like cheese."

Re: Trump's executive order [Re: James] #6959510
08/09/20 09:20 PM
08/09/20 09:20 PM
Joined: Dec 2018
Posts: 5,214
Crivitz WI
Sprung & Rusty Offline
trapper
Sprung & Rusty  Offline
trapper

Joined: Dec 2018
Posts: 5,214
Crivitz WI
Originally Posted by James
P.S. - I think DACA was unconstitutional.

But one president doing an unconstitutional act doesn't excuse another president's unconstitutional act.

Jim


To be fair. Bummer was and is anti American. Trump isn't. Trump did more for us in one term than bummer ever did. Both are facts.. My opinion. Bummer beat out Jimmy Carter for worst president ever.


No Jab.
Re: Trump's executive order [Re: yotetrapper30] #6959511
08/09/20 09:22 PM
08/09/20 09:22 PM
Joined: Dec 2006
Posts: 21,540
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
trapper
G

Joined: Dec 2006
Posts: 21,540
Sandhills Nebraska
x2


Life ain't supposed to be easy.
Re: Trump's executive order [Re: yotetrapper30] #6959514
08/09/20 09:24 PM
08/09/20 09:24 PM
Joined: Sep 2012
Posts: 6,117
Northern Wisconsin,Rhinelander
Hodagtrapper Offline
Muskrat Master
Hodagtrapper  Offline
Muskrat Master

Joined: Sep 2012
Posts: 6,117
Northern Wisconsin,Rhinelander
X3

Chris


>>In God we trust<<
Re: Trump's executive order [Re: danny clifton] #6959518
08/09/20 09:28 PM
08/09/20 09:28 PM
Joined: Jan 2014
Posts: 7,631
Virginia
5
52Carl Offline
trapper
52Carl  Offline
trapper
5

Joined: Jan 2014
Posts: 7,631
Virginia
Originally Posted by danny clifton
who wins the prize for the greatest deficit increase. trump or obama?

Neither.
The correct response to this Jeopardy answer is, "Who is Xi Jinping of China."
Current Events for $800, Alex

Re: Trump's executive order [Re: J Staton] #6959529
08/09/20 09:43 PM
08/09/20 09:43 PM
Joined: Mar 2007
Posts: 35,129
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,129
McGrath, AK
Originally Posted by J Staton
Originally Posted by white17
Can someone explain how it is unconstitutional ?

I don't know that it is unconstitutional. Congress makes law but I'm not sure if an executive order is considered law. You seem well educated with this subject. Care to opine on whether unconstitutional or not?



I think some parts may be unconstitutional, the $400 unemployment specifically, but that doesn't mean a court will rule that way.

Daca is clearly unconstitutional and even the guy who signed it said so.......three times. But we are living with it nevertheless.


It seems to me that the way to look at this is that Trump is the head of the executive branch. The Secretary of the Treasury is subordinate to Trump.

Trump has instructed Mnuchin to use HIS ( Mnuchin's ) authority to issue guidelines that defer collection and payment of FICA taxes at this time.

But it is pretty obvious that Trump is acting because Congress refused. He even alludes to that in his statement.

But again..........Obama did exactly the same as Trump when he signed both Daca and DAPA.

Here is Obama's statement'

"And to those members of Congress who question my authority to make our immigration system work better or question the wisdom of me acting where Congress has failed, I have one answer: Pass a bill. I want to work with both parties to pass a more permanent legislative solution. And the day I sign that bill into law, the actions I take will no longer be necessary."

Obama also said...."Where Congress won't act, I will" May 17,2014

Clearly, IMO, Trump would have been smart and cagey had he quoted Obama in this new executive order. Which, by the way there is only one executive order.....the one about evictions. The other three items are Presidential memoranda.

So, IMO some may be unconstitutional but may be allowed to stand. SCOTUS has sent a pretty clear message from Roberts to the lower courts that Trump's agenda is to be blocked at every turn. I suspect we will see the judicial double standard on display again.
I like what Trump did from a tactical standpoint. But In general I think executive orders are a dangerous road.


Mean As Nails
Re: Trump's executive order [Re: yotetrapper30] #6959612
08/09/20 10:59 PM
08/09/20 10:59 PM
Joined: Dec 2010
Posts: 11,136
Armpit, ak
D
Dirt Online content
trapper
Dirt  Online Content
trapper
D

Joined: Dec 2010
Posts: 11,136
Armpit, ak
Payroll Tax.

"Every payday, 7.65% of your wages are subtracted from your paycheck to fund Social Security and Medicare (6.2% for Social Security; 1.45% for Medicare). Your employer pays an equivalent amount of tax. For 2020, the Social Security tax is only levied on the first $137,700 of earnings; however, an additional 0.9% Medicare tax is collected on wages over $200,000 for the year.

There's also concerned about the impact on Social Security and Medicare, which are already dealing with financial issues. Since payroll taxes fund the two programs, many people are worried about the long-term effects of diverting money away from these two social safety nets.

Treasury Secretary Steven Mnuchin, however, says that Social Security and Medicare funding won't drop. Money will be transferred from the federal government's general fund to the Social Security and Medicare trust funds to cover any payroll tax amounts not collected, according to Mnuchin."

FYI 36% of the Federal Government's revenue comes from the Payroll Tax.


Last edited by Dirt; 08/09/20 11:10 PM.

Who is John Galt?
Re: Trump's executive order [Re: yotetrapper30] #6959616
08/09/20 11:05 PM
08/09/20 11:05 PM
Joined: Mar 2008
Posts: 5,947
n.e, iowa
C
coonman220 Offline
trapper
coonman220  Offline
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Joined: Mar 2008
Posts: 5,947
n.e, iowa
I hear not much chance of another $1200 stimlous because trump executive order, stimlous is supposed be dead deal

Re: Trump's executive order [Re: yotetrapper30] #6959621
08/09/20 11:13 PM
08/09/20 11:13 PM
Joined: Dec 2006
Posts: 5,264
Lakeland,Minnesota
B
Bogmaster Offline
trapper
Bogmaster  Offline
trapper
B

Joined: Dec 2006
Posts: 5,264
Lakeland,Minnesota
Coonman,I doubt that it's dead.Both President Trump and the Dems were for it. The presidents actions will likely spur more action from the dems on getting some kind of compromise.
Tom


If my feet aren't wet,I must not be trapping.
Tom Olson
MTA life member#100,also WTA life member
Re: Trump's executive order [Re: Bogmaster] #6960008
08/10/20 12:12 PM
08/10/20 12:12 PM
Joined: Dec 2010
Posts: 11,136
Armpit, ak
D
Dirt Online content
trapper
Dirt  Online Content
trapper
D

Joined: Dec 2010
Posts: 11,136
Armpit, ak
Originally Posted by Bogmaster
Coonman,I doubt that it's dead.Both President Trump and the Dems were for it. The presidents actions will likely spur more action from the dems on getting some kind of compromise.
Tom


Trump and the Dems were for it? Painting a picture.

Remember coonman to vote for the team that gave you the most candy come Nov. wink


Who is John Galt?
Re: Trump's executive order [Re: yotetrapper30] #6960028
08/10/20 12:42 PM
08/10/20 12:42 PM
Joined: Jul 2008
Posts: 2,414
Idaho Falls, Idaho
F
Furvor Offline
trapper
Furvor  Offline
trapper
F

Joined: Jul 2008
Posts: 2,414
Idaho Falls, Idaho
It was not an election ploy. He did what he could, or at least hoped he could, and will try to exclude that income from taxes. Save up a few $$ in case his effort is blocked.

Last edited by Furvor; 08/10/20 12:49 PM.
Re: Trump's executive order [Re: 52Carl] #6960042
08/10/20 01:18 PM
08/10/20 01:18 PM
Joined: Dec 2018
Posts: 5,214
Crivitz WI
Sprung & Rusty Offline
trapper
Sprung & Rusty  Offline
trapper

Joined: Dec 2018
Posts: 5,214
Crivitz WI
Originally Posted by 52Carl
Originally Posted by danny clifton
who wins the prize for the greatest deficit increase. trump or obama?

Neither.
The correct response to this Jeopardy answer is, "Who is Xi Jinping of China."
Current Events for $800, Alex


Lol. Now that's funny.


No Jab.
Re: Trump's executive order [Re: yotetrapper30] #6960090
08/10/20 02:38 PM
08/10/20 02:38 PM
Joined: Mar 2008
Posts: 5,947
n.e, iowa
C
coonman220 Offline
trapper
coonman220  Offline
trapper
C

Joined: Mar 2008
Posts: 5,947
n.e, iowa
From what I read news, the executive order from trump well cause any more action on Dems or republic over stimlous to stop an not happen

Re: Trump's executive order [Re: yotetrapper30] #6960169
08/10/20 04:31 PM
08/10/20 04:31 PM
Joined: Dec 2006
Posts: 5,264
Lakeland,Minnesota
B
Bogmaster Offline
trapper
Bogmaster  Offline
trapper
B

Joined: Dec 2006
Posts: 5,264
Lakeland,Minnesota
Dave,relax. The dems want to reopen negotiations. The presidents executive orders has caused Pelosi and Co.to take a back seat right now.They want negotians reopened in the worst way.
Tom


If my feet aren't wet,I must not be trapping.
Tom Olson
MTA life member#100,also WTA life member
Re: Trump's executive order [Re: yotetrapper30] #6960182
08/10/20 04:43 PM
08/10/20 04:43 PM
Joined: Dec 2006
Posts: 21,540
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
trapper
G

Joined: Dec 2006
Posts: 21,540
Sandhills Nebraska
"If you don't buy it, the IRS will fine you." Noooooo, nothing unconstitutional about that.


Life ain't supposed to be easy.
Re: Trump's executive order [Re: coonman220] #6960227
08/10/20 05:43 PM
08/10/20 05:43 PM
Joined: Dec 2010
Posts: 11,136
Armpit, ak
D
Dirt Online content
trapper
Dirt  Online Content
trapper
D

Joined: Dec 2010
Posts: 11,136
Armpit, ak
Originally Posted by coonman220
From what I read news, the executive order from trump well cause any more action on Dems or republic over stimlous to stop an not happen


“The nine most terrifying words in the English language are, ‘I’m from the government, and I’m here to help.’ ”

The government is coming to help you any day now. I'm sure when they do, you will be broke again looking for more.


Who is John Galt?
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