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Comments (309)
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301
deleted 301 points ago +303 / -2
138
mykillk 138 points ago +138 / -0

Smart business man. You just made a 4k swing.

65
AlphaNathan 65 points ago +65 / -0

Art of the deal bb

33
HatnNewLognReqs 33 points ago +33 / -0

Listening to AoTD for the first time this week. The man is a genius. Undeniable.

Also, hilarious.

12
Dahnald2020 12 points ago +12 / -0

It's a great book

5
Dashmoomoo 5 points ago +5 / -0

3 pizzas for 5dollars? How about I give you 15 for all three. And that, is the art of the deal.

(Favorite retro Trump TV appearance ever God bless our Troll/GEOTUS/Shitposter in chief)

26
Patriot76 26 points ago +26 / -0

You son of a bitch I’m in

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Buttfart88 [S] 70 points ago +70 / -0

OP here: hijacking top comment. Somehow no one realized that the point is that if your employer opted out (which most did) they’ll have to pay you the money once it’s officially deferred.

29
DasterMarsh 29 points ago +29 / -0

Will the employer have to pay you, or will you just have that much more on your tax return for overpayment?

9
commies0ride0free 9 points ago +9 / -0

Following- direct deposit is pending and looks like normal, no pay stub yet so I won’t know for sure until tomorrow, but looks like my employer opted out.

3
blackdudeinresidence 3 points ago +3 / -0

It’s this. We aren’t keeping the money. It’s being turned over to the Fed per usual. This is the employee’s portion of social security in the FICA withholdings being deferred.

In an ideal world, the 2020 tax return will reflect some sort of credit, allowing an employee to recover what was already paid to the Fed during these last 4 months, if the final decision on this is a permanent deferral, ie forgiveness.

The accounting, cash management, and tax behind this is an incredible pain in the butt. It’s 2/3’s through a quarter, which makes it even more a pain. This is part of the reason a lot of employers have opted out. Minimal guidance and a lot of adjustments.

3
patriotic-noodle 3 points ago +4 / -1

And in addition to that, I don’t want to be on the hook for that money if that feds decide to reverse course on this “deferment.” Because right now it’s just delaying the pay date of these taxes. Running payroll is already a fucked up complicated process (behind the scenes if you’re using a processor like Gusto or ADP), so I have no inclination to make it worse by deferring these payments and then ending up having to give it back in the form of a fat lump sum. It screws with cash flow and isn’t worth the headache.

3
The_Almighty_Kek 3 points ago +4 / -1

Yeah when I talked to our acct dept a week or two ago, I was glad to hear they decided to opt out. If the "forgiveness" never goes through, you know this will hurt people. Most will spend the money they think is "extra" and then have to deal with months of reduced pay starting next year. If they were going to go through with it, I was going to put it away to subsidize my smaller checks next year.

10
deleted 10 points ago +10 / -0
2
backwoods-engineer 2 points ago +2 / -0

I also received a fairly snarky letter that reeked of TDS.

7
Dr__Kekyl 7 points ago +7 / -0

GOLD

7
jomten 7 points ago +7 / -0

If they don’t pay us the money, what options do we have? This is uncharted legal territory i believe

30
Wrexxis780 30 points ago +30 / -0

Thats it?

20
Punk2044 20 points ago +20 / -0

Dems are only paying a pack of cigs and a 42oz, orange man is giving me 2k? Orange man not as bad as purported?

5
deleted 5 points ago +5 / -0
2
DocOne 2 points ago +2 / -0

Lol whats a 42oz?

2
Fourtyandfourtyfive 2 points ago +2 / -0

A Fourty and a shot??

1
DocOne 1 point ago +1 / -0

Sold!

15
Forty5 15 points ago +15 / -0

Match me!!

124
BasedMedicalDoctor 124 points ago +133 / -9

Yep. Found out from some employees that my employer is NOT giving them the payroll tax cut. Greedy fucks.

129
muy_libre 129 points ago +131 / -2

I think employers are worried that they’ll have to cut a check to the government later on. This move is essentially telling people “Vote Trump or you likely won’t get a fat check”

Genius move.

100
BasedMedicalDoctor 100 points ago +102 / -2

I unfortunately won’t get one as a doctor but that’s fine. I’ll vote trump so that most Americans will. I’ll also vote Trump so that China doesn’t completely own and control America come 2021. Also, fuck the libs.

47
Slyhillary 47 points ago +47 / -0

Those making over $100k have far more to lose than a few grand if he loses.

4
deleted 4 points ago +13 / -9
12
BannedbyRed 12 points ago +12 / -0

Maybe... I think they might require employers to take out additional taxes from future paychecks after the end of the deferment period. Payroll taxes have to be made quarterly or there are fines.... employers can’t let you just have the money and take care of your own taxes.... we are required to pay them by the end of each quarter

3
The_Almighty_Kek 3 points ago +3 / -0

I wouldn't mind having the right to CHOOSE whether I want taxes withheld or not. I could be making $100/yr in interest putting that money in a HYSA throughout the year, then paying the bill in April.

-2
deleted -2 points ago +1 / -3
-18
Slyhillary -18 points ago +6 / -24 (edited)

Why would you talk to me? You called me slurs, lied about me and used Marxist rhetoric unironically.

Are you going to apologize? If so, we can have discussions again.

Read it for yourselves https://thedonald.win/p/HEgVjoPR/newt-gingrich-why-are-some-in-/

14
Kozio_ 14 points ago +14 / -0

Are you ok?

0
Slyhillary 0 points ago +3 / -3 (edited)

She's really toxic. Mods had to get involved. Hoped she'd wake up to the leftism she's accepted as gospel. https://TheDonald.win/p/HEgVjoPR/newt-gingrich-why-are-some-in-/ even after being informed about their lust for Marx's rhetoric, they doubled down. Proof doesn't matter to leftists but in my heart it feels like she's sincere in her love of country.

You may not care about fellow pedes' souls, but I do. Am I ok? Have you been watching the chief executive? Do you know how much good is happening?

Folks need more America https://youtu.be/9HqP0G1VDKg

28
muy_libre 28 points ago +28 / -0

I definitely will! Not like I wasn’t voting Trump anyway, lol. But this will make a LOT of people who may be unsure pull the lever for Trump.

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deleted 17 points ago +17 / -0
8
BannedbyRed 8 points ago +8 / -0

Same here... I make too much

BUT.... as a business owner, I will make money with it since I pay payroll and have to pay half of the payroll tax.

Payroll tax is split between the employer and employee. I think something like 3%. So, 3% of your check goes to payroll tax and then I as an employer also have to pay an additional 3%.

6
MaskManDate 6 points ago +6 / -0

What is the salary cutoff for this one. I haven't seen any changes in payroll at my employer. I assumed it was due to a salary cap.

2
BasedMedicalDoctor 2 points ago +3 / -1

I believe 100k.

1
MaskManDate 1 point ago +1 / -0

Do you know if that is individual or married?

4
FUCHINA 4 points ago +4 / -0

I think it’s a 100k cap on an individual every two weeks meaning you can have a good two weeks and it will max you out. I’m not sure if it’s between couples but I doubt because it’s an “employer“ tax. Just looked into it and know the first part to be true

3
Bunny 3 points ago +3 / -0

Things you will never see on Reddit: Commenters worried about making too much money to get a tax cut. Have to pay taxes to get a tax cut...

1
FUCHINA 1 point ago +1 / -0

Up to 4K every two weeks

2
BasedMedicalDoctor 2 points ago +3 / -1

It’s single not married IIRC.

12
jimbad05 12 points ago +12 / -0

Payroll tax guy. This is exactly it. It's just a deferral. Employers are on the hook for paying back any underwithheld tax in 2021.

If you have a bunch of minimum wage employees, turnover is probably sky high anyway. Companies would be left holding the bag on all that uncollected tax. Even if someone wants to stick around, why would they want to pay 12.4% in 2021 to pay it all back when they can just skip out and work for a different employer?

1
EricCharliemella 1 point ago +1 / -0

Can you ELI 5?

My wife works for a company and certainly isn't making min wage, but she is under 100k. Her company sent out a blast email saying they were deferring and made it seems like Trump is such an evil guy blah blah blah.

I'm such a novice with this stuff, but does this mean that neither side is paying the tax until next quarter? Is she paying her side of the tax and they're not?

2
jimbad05 2 points ago +2 / -0

If they ARE deferring, it means they won't withhold the tax. For the rest of the year, her checks would be 7.65% higher.

But it's just a deferral. In 2021, she has to pay it back (unless Congress forgives it... LOL)

1
Kar3212345 1 point ago +1 / -0

The employer doesn’t get a holiday, they pay their half of payroll tax regardless Of if they opt for deferral.

11
VetforTrump 11 points ago +11 / -0

Yup and he only offers us our own money. Not someone else's

7
Tallsie 7 points ago +8 / -1

I doubt it’s this honest. It’s probably more the large corporations are using this money and “saving it” for us, when in reality are using it as free capital to buy things right now that they can pay off at the end of the year. Stocks, upgrades, whatnot.

8
muy_libre 8 points ago +8 / -0

I get the skepticism, but I don't work for a large corporation, and they're still not giving me the tax cut. There's been a lot of talk that the payroll tax cut will get undone, and then employers are going to have either take a hit themselves, or their employees will suddenly owe a large sum of money that they weren't expecting.

4
BeefyBelisarius 4 points ago +4 / -0

Yeah, my company has straight out said they aren't doing it because taking a deferral would mean a bigger tax bill later.

29
JohnSpartanSAPD 29 points ago +29 / -0

Most of small business use Quickbooks to do payroll. There does not appear to be a way to actually do it with Quickbooks. Intuit (who ownes QB) sent out an email saying they were looking into how to do it, but noting since. I even ran a QB payroll software update today and looked at the release notes. And nothing.

9
Slyhillary 9 points ago +9 / -0

Simple answer. Thanks for this info. It's important data.

7
Hoshi 7 points ago +7 / -0

Intuit has become complainant and greedy with no new innovation and a clunky interface with outside services that still does not let me import classes for transactions. I pay 500 bucks a year for QB and I still can't disable their ads.

4
Donarudo_Taranpu 4 points ago +4 / -0

They knew this was coming for how long before the September 1st date? And they didn't prepare anything!?

Disappointed to say the least.

4
jimbad05 4 points ago +4 / -0

IRS doesn't even have complete rules out yet. We only know the deferral is optional at all because Secretary Mnuchin said "you can't force people to participate" during an interview. Who gets to decide? Employees or employers? What form needs completed?

All we do know is that companies are on the hook for paying back any deferred tax in 2021, so that's a pretty big incentive to not participate.

22
Formerlurker92 22 points ago +22 / -0

I don't think it's greed so much as risk aversion. If he loses, they have a nice big Biden bill and with already tight budgets a lot of businesses won't take that risk this year

14
Seabass71 14 points ago +14 / -0

The employers aren't keeping the money. It is sent to the federal government as it is the 6.1% withholding for Social Security. Employers are on the hook for the withholdings if it isn't forgiven by Congress next year and the employee isn't around to double up withholding payments during the first quarter of 2021. Many employers also don't want their employees owing 12.2% for the first 4 months of 2021 if it isn't forgiven. Most employees are stretched thin after the holidays. It would be very hard on them. Congress is to blame here for not approving the forgiveness already.

5
Aambrick 5 points ago +5 / -0

Check who's blocking it you will not be surprised.

11
drachennwolf 11 points ago +12 / -1

Not giving it to me, either. I'm over this job. Actively searching for the next one.

60
KAGALOSAURUS 60 points ago +62 / -2

Except it’s up to the employer to do it, and my employer didn’t opt to give us the deferral. /sadpepe

55
deleted 55 points ago +55 / -0
22
hilboggins 22 points ago +22 / -0

WAIT.. are we gonna get it as a refund? ARE YOU SURE?

45
amopheldupsidedown 45 points ago +45 / -0

If Trump forgives it, we get it, one way or another

26
deleted 26 points ago +26 / -0
11
hilboggins 11 points ago +11 / -0

Oh boy, this would be mega. I might actually get something back on my tax returns!

5
panthicc 5 points ago +5 / -0

Hmm, I think it could go either way.

I could also see for example that it gets treated like debt forgiveness in that only if you deferred withholdings would that deferred amount (or the amount you're in debt) be forgiven, but if you've already paid what you owe, you won't get it back.

Tax refunds are different because it means you paid in excess of what you owe, but AFAIK this wouldn't change the total amount owed for 2019, it would just forgive you if you didn't pay sept-dec's withholdings.

But tbh I think it's too early to read into it too much. Just gonna pay my taxes and vote for Trump and if I get a fat check in April, 👌

1
ThunderSizzle 1 point ago +1 / -0

Although you dont do a return/refund for FICA taxes, just income taxes....

So, its not "withholding"...

-3
deleted -3 points ago +3 / -6
5
BannedbyRed 5 points ago +5 / -0

I and my employees will definitely get a refund in Trump wins....

Because I AM NOT deferring payment of payroll taxes.... so, if they forgive them, then my employers and my business will have a tax credit..... but if they don’t forgive them, we will be where we need to be.

For those people whose employers are deferring pay roll tax.... you may find you have to pay twice as much payroll tax in the future for awhile to pay the back tax you owe.

4
AlphaNathan 4 points ago +4 / -0

That's how withholdings work.

7
unicornpoop 7 points ago +7 / -0

I'm confused because a deferral is a postponement until a later date. Meaning we don't have to pay it now, but will owe it later. Forgiveness would be getting the money either now, or when we file our taxes for 2020. Employers likely aren't sure either, and since they owe half of your taxes, they are playing it safe by just witholding anyway.

6
BannedbyRed 6 points ago +6 / -0

THIS 💯

I’m not deferring anything.

I’m taking the withholding now... it’s easier to say everyone is getting the same paycheck as always than to try and explain why people are getting a smaller check than normal if the forgiveness doesn’t happen

2
Block_Helen 2 points ago +2 / -0

For the taxes the employee pays, yes. But the employee doesn't pay the payroll tax directly.

4
deleted 4 points ago +4 / -0
2
Block_Helen 2 points ago +2 / -0

There sure are.

2
duvalpede 2 points ago +2 / -0

Explain how?

3
kag-2020- 3 points ago +3 / -0

You pay, Trump forgives, you get your money back.

11
duvalpede 11 points ago +13 / -2

I work for a large finance firm based in Boston, run by a woman. Let’s just say the brass “decided not to participate”.

5
KingKek33 5 points ago +6 / -1

It is wise not to participate. Some employees arent the sharpest pencils in the box, and they could end up owing money they can't pay back.

If it does become permanent, you get the money later.

Either you go on as normal, or you get a bonus. If you participate, you risk being in financial trouble should you spend it.

1
chefjeffb 1 point ago +1 / -0

Or you could take that money, throw it into the markets, and 100x it before the forgiveness is passed.

2
KingKek33 2 points ago +2 / -0

Or lose it all.

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FlusteredPeach2 6 points ago +6 / -0

Same here.

1
VetforTrump 1 point ago +1 / -0

Is it up to the employer?

1
jimbad05 1 point ago +1 / -0

It's optional. We don't know on whose part though. These kind of changes normally take years to implement.

Hell, the Tax Cuts and Jobs Act of 2016 didn't fully go into effect until this year (2020). IRS finally issued a redesigned Form W-4 this year that will reduce people's withholdings, but unless you started a job this year, most people still haven't filled it out.

1
kag-2020- 1 point ago +1 / -0

Apparently.

44
dakin116 44 points ago +44 / -0

I work for a fortune 500 and received an email today that they will continue to take out payroll taxes despite the executive order.

21
duvalpede 21 points ago +22 / -1

Yep. Had folks on my team (women) happy about it too. “I didn’t want to have to pay that back next year.”

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IntergalacticWalrus 24 points ago +24 / -0

Never underestimate how stupid people actually are.

4
Wallypip3 4 points ago +4 / -0

I'm drunk and not understanding your comment. Care to elaborate?

1
dakin116 1 point ago +1 / -0

The way it was framed in the email i received was assuming there would be no waiver come tax time. We know that if Trump gets elected it's very likely it will get waived. If Biden gets elected, they're scared they will owe.

1
WhitePowerRanger 1 point ago +1 / -0

Cause they’re too stupid to think past their next meal or shopping trip. “Just gibme money’s so I can waste it ASAP!” Having to think into the future and save money is an asinine concept to them 🙄 what’s sad is people actually marry these braindead twats

8
KAGALOSAURUS 8 points ago +8 / -0

Right there with you pede

3
Joeret 3 points ago +3 / -0

I feel like more employers are note following the executive order.

-8
Toughsky_Shitsky -8 points ago +8 / -16

Who is going to enforce it?

How many of Trump's EO's have been enforced?

That's where we are.

9
UpTrump 9 points ago +9 / -0

You're getting downvoted but this is the sad truth. Whatever happened to the reclassification of Twitter?

4
Toughsky_Shitsky 4 points ago +5 / -1

EO's without enforcement are just loud farts with no stink .. useless, and everyone forgets about them within seconds.

1
dakin116 1 point ago +1 / -0

Unless you're Obama and DACA :P

40
Polterkitty 40 points ago +41 / -1

My employer declined the payroll tax deferral. Are they allowed to do that? They said it's optional, so they aren't giving us our money. Just told us yesterday.

35
muy_libre 35 points ago +35 / -0

Yeah, employers are worried the payroll tax cut will fall through and then they’ll have to pay up later on, or put that burden on their employees. They’re in a bit of a tight spot.

This is the art of the deal we’re witnessing.

20
amopheldupsidedown 20 points ago +20 / -0

I think they're also worried about employees who won't be working there next year, so they can't recoup the bonus if Biden gets to destroy everything

10
dakin116 10 points ago +10 / -0

Mine said the exact same thing

9
BannedbyRed 9 points ago +9 / -0

Yes, employers are allowed to not defer payment. We owe that tax.... just because I’m allowed to pay it later doesn’t mean I can’t pay it now. There are many risks Involved in paying it later and few risks of paying it now

3
Tomtoonami93 3 points ago +3 / -0

This is the problem. We are essentially betting on the government doing the right thing and that is not a bet that most people supporting a family are willing to take.

President Trump is the only one in Washington fighting for this, and both parties are trying to cheat him out of office.

6
cjcivicx 6 points ago +9 / -3

I'd talk to your state board of labor for that answer.

1
AbrahamLincoln 1 point ago +1 / -0

I wish mine was doing that. I'd rather wait until it's official and take the lump sum. I'm not interested in borrowing my own money for 4 months.

1
WhitePowerRanger 1 point ago +1 / -0

Uh I am. It’s fucking theft to take my fucking money before I ever even have it. It’s my fucking money and if I owe you taxes, I will pay them on my own time. That’s like your landlord just taking rent out of your check before it even gets to your bank. That’s bullshit

33
MAGA_dev 33 points ago +33 / -0

"Trump is bribing voters with tax relief!" -Some Liberal

23
duvalpede 23 points ago +23 / -0

“Yeah. And?”

14
wytxcook1 14 points ago +14 / -0

"Taxation is theft".

19
InarosPrime 19 points ago +20 / -1

I have never voted in my life and I feel like this has the optics of trying to buy the election. Then, I think about the Demoncrats and their constant promises of welfare, free healthcare, and other handouts. A tax break is nothing compared to the damage the Dumbocrats caused.

22
BannedbyRed 22 points ago +22 / -0

The difference is

democrats bribe you with other people’s money

Trump bribes you with letting you keep your own money

2
Brother_Bill 2 points ago +2 / -0

I like this, but is is really a bribe? It's not even really a reward, but it is nice to not have my money forcefully taken from me by Uncle Sam.

4
Skygrrrl 4 points ago +4 / -0

ya can't bribe someone to keep their own money.

:)

4
George_Kirby 4 points ago +6 / -2

Who owns the federal reserve?

-4
deleted -4 points ago +4 / -8
4
YoLLamaIsSoFat 4 points ago +4 / -0

As opposed to $1000/mo. Lol

2
supersecretaccount82 2 points ago +2 / -0

Or "free everything" tbh

1
Notablitheringidiot 1 point ago +1 / -0

I’m okay with this

24
muy_libre 24 points ago +24 / -0

Hell yes! Many people will never tell anyone they’re voting for Trump, but once they’re in the booth, they’ll vote TRUMP. Just for this! Great move.

27
ChrisSuperDude 27 points ago +27 / -0

People don't tell others they're voting for Trump because we have an active domestic terrorist group roaming the streets right now, and said domestic terrorist group is sponsored by the opposing party. Sadly, until we make throwing commies from a helicopter legal, that's the way it's gonna be.

0
Aambrick 0 points ago +0 / -0

Or . . . Round them up for hard physical labor? They keep saying they want to do social justice then working hard labor in a prison for their crimes will be their social justice to society after their social crimes(actual criminal).

19
DeportAntifa 19 points ago +20 / -1

Sadly, I do not qualify for the deferral, just like I didn’t qualify for the stimulus. Fuck me for being productive.

5
duvalpede 5 points ago +5 / -0

How are you so productive? Can I be productive like you?

5
DeportAntifa 5 points ago +5 / -0

Asking that exact question is good evidence that you may very well be as productive as I am one day.

I work in an extremely niche finance role and I am very good at what I do, in a very small pool of people that do it.

I worked really fucking hard to get here, took huge risks, and got lucky from time to time. I associated myself with great people. I was hungry as shit from growing up poor, always have been. And 15 years into my career, after working 7 days a week for the last 5 years, I have made it to a very comfortable place.

Godspeed, ‘pede.

1
Aambrick 1 point ago +1 / -0

Is their any jobs that allow people to work 7 days of the week?

9
anonra 9 points ago +9 / -0

If you are an entrepreneur, you never stop working.

0
Aambrick 0 points ago +0 / -0

That is one of my goals.

1
Molten_Plastic 1 point ago +1 / -0

Work to live, not live to work. Your future wife will thank you. At the end of your life, you'll never say, "Man, I wish I worked MORE."

Don't be a greedy pig.

0
Aambrick 0 points ago +0 / -0

Kind of hard to do that when I don't even have a girlfriend. Right now it is probably a better choice for me than the latter.

3
DeportAntifa 3 points ago +3 / -0

Yes. My job is based around markets that never close.

2
duvalpede 2 points ago +2 / -0

Sounds like commodities or food.

2
DeportAntifa 2 points ago +2 / -0

Commodities.

2
POWESHOW 2 points ago +2 / -0

If you’re salary, yes.

2
Brother_Bill 2 points ago +2 / -0

get good at a trade in a non-union controlled state. all of those guys that I talk to are turning away work just to get some rest.

2
0
Aambrick 0 points ago +0 / -0

Thanks. It really homes in to try to get a trade job. Problem in my area is there are none except for electricians, and that is only the ones that are part of a union.

Still, thanks and now allows me to search other areas of avenue.

3
Tsspop 3 points ago +3 / -0

what he said. op please answer or youre full of it

-5
deleted -5 points ago +1 / -6
3
Tsspop 3 points ago +3 / -0

the question is how, not what

3
Shoryuken 3 points ago +3 / -0

You don't qualify if you make over 4k per paycheck

3
ignorant_slob 3 points ago +3 / -0

Look at every item you interact with in a day. Railings on the stairs, concrete for the sidewalk, paper bags for your groceries, the signs at the store. Someone owns the business that made every one of those things. Just knowing what is possible is the first step.

2
ignorant_slob 2 points ago +2 / -0

Almost no one in the Trump boat parades qualify. Hope some younger pedes take that as inspiration.

1
hocuspocusfocusjeep 1 point ago +1 / -0

Because he’s probably self employed

3
DeportAntifa 3 points ago +3 / -0

I am not. I am a W2 employee and my compensation is almost entirely commission.

15
LibertyStillMatters 15 points ago +18 / -3

Economy is recovering beyond anyone’s expectations. Could you imagine what a $2000 payment to Americans would do to further help things along? We are talking a golden age of the American economy. Especially if we can break the backs of the leftist opposition in the house and hold the senate.

3
AbrahamLincoln 3 points ago +3 / -0

I'd buy 39 shares of KO and 39 cans of Coke.

-25
Toughsky_Shitsky -25 points ago +5 / -30

You do realize that $2000 "payment to Americans" is printed money .. that your children and grand children will be paying back? It's not free, even if your candidate is the one printing it .. and that printed debt would be unnecessary if we opened the fucking country.

9
BirthHole 9 points ago +10 / -1

It's our money that the government wastes.

You seem to labour under the impression that the government 'owns' the money I earn and allows me to keep a portion of it.

You need to move to China. I'll buy you a one-way ticket.

-12
Toughsky_Shitsky -12 points ago +2 / -14

You either can't read or you're a moron. Do you know what debt is? Do you understand that when the gummint shuts down businesses it doesn't receive taxes and must print money for outlays?

Learn a little about basic finance before running your birthhole.

8
BirthHole 8 points ago +8 / -0

Maybe the government could not spend what it doesnt have?

0
Aambrick 0 points ago +1 / -1

You do know that the birthhole is actually your belly button right?

7
Itateeverybody 7 points ago +8 / -1

You do realize that money is mine right....not the governments and was produced through my labor?

This is merely me not being extorted of the value I have already created for a change.

3
philandy 3 points ago +3 / -0

That's just the Federal Reserve system. I believe there's only 2 countries left that don't have an inflation based central bank?

What's your drop in alternative?

2
LibertyStillMatters 2 points ago +3 / -1

Yes, I fully realize that. Don’t patronize me either.

2
deleted 2 points ago +3 / -1
14
FreedomAintFreeYo 14 points ago +14 / -0

The dems have no way out of this one. They will either have to support forgiving the payroll tax, or campaign on instantly raising taxes hugely right from the get go.

12
SnipedYou 12 points ago +12 / -0

Media will claim Trump is buying votes as if Yang didn't promise every American $1000/year forever.

6
IntergalacticWalrus 6 points ago +6 / -0

Obama phones.

1
philandy 1 point ago +1 / -0

You know how many Obama phones you can get for $2000 a year? Infinity and beyond!

2
LawfulSilentMajority 2 points ago +2 / -0

Pretty sure it was /month

1
deleted 1 point ago +1 / -0
9
HistoryInvestigator 9 points ago +9 / -0

This is great, but we have to make sure that we are all registered to vote!

LOTS and LOTS of conservatives and Trump supporters have STILL not registered to vote. Even some Democrats who are now switching sides have not registered. Check your status, register yourselves and get others who are passionate about Trump and conservative values if you or they haven't yet registered:

https://www.usa.gov/register-to-vote#item-212645 (or check the side bar)

Remember that this is a numbers game and we need to WIN!

6
KAGALOSAURUS 6 points ago +6 / -0

I love your diligence.

3
HistoryInvestigator 3 points ago +3 / -0

Thank you, I'd like to think that it's making some impact.

7
shadows_of_the_mind 7 points ago +7 / -0

I love the tax cuts and abolishing the payroll tax, but honestly Trump should just do it now. A literal $2000 bump in annual salary for people 2 months before the election would be a smart move. Money talks

6
AbrahamLincoln 6 points ago +6 / -0

He can't abolish the tax, congress has to do that. All he can do is defer it, and either fund it from somewhere else or just tell the IRS not to enforce collection.

5
Joeret 5 points ago +5 / -0

Problem is he can’t just do it. From my understanding Congress has to approve it.

6
Liver_Kick 6 points ago +6 / -0

My woke company is not participating. So frustrating to see the cucks clucking about how happy they are to pay taxes.

3
IntergalacticWalrus 3 points ago +3 / -0

Never underestimate how dumb people actually are.

1
philandy 1 point ago +1 / -0

Bring it to the attention of someone who can do something, or they need to explain why.

6
GaiusOrangeJulius 6 points ago +6 / -0

This turned out to be a pretty good day.

5
duvalpede 5 points ago +5 / -0

It’s been a kickass WEEK.

5
Block_Helen 5 points ago +5 / -0

My paycheck is still the same. :(

5
BasedRedPillZeus 5 points ago +6 / -1

I agree with the sentiment but we HAVE to phase out the Ponzi scheme that is SS.

11
AbrahamLincoln 11 points ago +11 / -0

The easy way would be to give people an irrevocable option to opt out. No further SS taxes taken out, no refund, and no SS benefits later. I'd take that deal in a second.

6
BasedRedPillZeus 6 points ago +6 / -0

Absolutely. I paid well over 10k into SS in 2019. Imagine what I could have done with that money — pay off debt, invest in my children’s education, donate to charity, invest in a small business.

Instead, the money is gobbled up into the bureaucratic black hole and none of it goes to anything productive in the economy.

It’s a god damn racket.

-3
Farmerbob1 -3 points ago +4 / -7

If you think Social Security is a Ponzi scheme, you either don't know how Social Security works, or you don't know how Ponzi schemes work.

Is there room for improvement in the Social Security system? Definitely. But it is no Ponzi scheme.

8
BasedRedPillZeus 8 points ago +10 / -2

Maybe closer to an extortion racket but has many hallmarks of a Ponzi scheme.

https://mises.org/library/social-security-most-successful-ponzi-scheme-history

6
Farmerbob1 6 points ago +8 / -2

The problem with Social Security today is mostly two things. First, people live longer than they used to. Second, population demographics have changed, so the elderly community is a larger part of the general population.

If the world changes, but Social Security does not, it should be no surprise that it no longer works as designed.

8
BasedRedPillZeus 8 points ago +9 / -1

I think you missed the number one thing that is wrong with SS — it’s the fact that it is not voluntary.

I am forced, by the threat of violence or imprisonment, to pay into SS. This, in and of itself, is anti American, anti liberty, and Marxist redistribution. Our founding fathers would be disgusted.

2
Farmerbob1 2 points ago +2 / -0

Getting old is also not voluntary. It happens to everyone, unless they die young.

1
rustledjimmies 1 point ago +1 / -0

Technically you don't have to issue a ssn to a newborn, it's voluntary. So the child can grow up without a ssn and when they are an adult they can decide for themselves if they want the number or not. This then leads to the question, if now as an adult you no longer wish to have a ssn because it was given to you at birth without your consent, then can you remove it? Probably, but it would take a lot of paperwork.

5
PaigeAshley 5 points ago +5 / -0

The best, most GENEROUS President ever!!

-15
Toughsky_Shitsky -15 points ago +4 / -19

That's OUR money (actually printed debt to be paid by our children and grand children) that Trump is being "generous" with.

Open our Country!

.. and we won't need a politician's "generosity" with our money.

-1
Shoryuken -1 points ago +2 / -3

What if you don't have children? Then there's no debt for them right?

-2
Toughsky_Shitsky -2 points ago +2 / -4

Sure. Just vote for printed money for yourself.

4
clang 4 points ago +6 / -2

In another universe, I'd care that this is basically bribing people to vote for Trump.

However, this election is war, and the Democrats trashed the rules of engagement first.

8
OkieRedPiller 8 points ago +8 / -0

No its not bribing its no different than saying you will lower taxes or give military a pay raise (as RR did). Not directed at you just in general. He is stating his position in the open. Like all politicians should, so people can decide what they are for or against. No diff than leftists saying they will give illegals medical.

Agree 100% on this being war.

-2
clang -2 points ago +1 / -3

it is pretty similar to the handouts the Left promises and delivers with our tax dollars, I'll give you that.

1
Molten_Plastic 1 point ago +1 / -0

No, it's not. One is robbing peter to pay paul.

The other is simply allowing you to keep your OWN money, from an EO he signed to help struggling American families. YUGE difference.

4
BannedbyRed 4 points ago +4 / -0

“...employers will have no choice but to give you your money...”

NO.

That’s not how that works and not what Trump said.

It is a Tax. Employers pay it. It goes to the government.... the government will have to refund it to you “from the general fund” as Trump states.

UNLESS of course... your employer chooses to defer the tax as Trump has allowed. If Employers defer.... then you have already “been given you’re money”.

I think payroll tax is what? 6%? Employers pay half and you pay half from your paycheck. So, both employers and employers benefit.

3
deleted 3 points ago +6 / -3
3
WestPalm 3 points ago +3 / -0

It's funded by debt. Same as everything else. There hasn't been an actual budget passed in over a decade.

2
HeavenlyTrumpets 2 points ago +2 / -0

Payroll tax doesn't cover SS. What's happening right now is younger generations are being robbed and expected to accept less later on for themselves.

5
deleted 5 points ago +5 / -0
1
HeavenlyTrumpets 1 point ago +1 / -0

Even if that were true, it would still be wrong. it is theft, with younger generations expected to accept diminishing returns (aka almost nothing at all) when it comes to be their time.

3
deleted 3 points ago +5 / -2
2
HeavenlyTrumpets 2 points ago +2 / -0

We'll see. POTUS is no dummy. Him bringing this up is going to bring about a lot of conversation that's very uncomfortable for the left to be honest.

1
deleted 1 point ago +3 / -2
1
Donarudo_Taranpu 1 point ago +1 / -0

Just gonna say it, I don't care.

I know those people on SS are dependent on it, and they paid into it their whole lives with the expectation that they are themselves entitled to the same benefits, but it's a bum deal. They paid into a bum deal and they got nothing for it, they're getting the raw end of the stick.

1
deleted 1 point ago +3 / -2
3
Strike_Eagle784 3 points ago +3 / -0

Heh, unfortunately my employer isn't participating...I hope I would get some of that free money anyways haha!

Edit: Not a commie, but, damn $2000.00 put towards my guns sounds awfully nice lmao.

2
commies0ride0free 2 points ago +2 / -0

You’re not a commie, because it’s not free money, it’s YOUR money

2
Strike_Eagle784 2 points ago +2 / -0

Haha that's true, no need to feel self conscious about it then!

3
CapnKek 3 points ago +3 / -0

Many local governments not allowing the opt out for employees.

3
TheBurgomeister 3 points ago +3 / -0

Here is how I understand it works :

Your employer has the option to participate in the tax deferral, it is the amount you pay for Social Security. They pay part, you pay part. The employer can opt to defer their portion or not, but even if they opt to defer their portion they aren't required to give you the option to defer your portion as an employee.

If the tax isn't forgiven, it is owed by the end of the first quarter 2021 (April). Employers may choose not to give the employees the option to participate because the EMPLOYER is responsible for paying the tax amount back. If the employee leaves or is fired they are on the hook to pay the deferred amount back.

If the tax is forgiven, the amount isn't owed back by the first quarter 2021. To my understanding this would NOT be a tax refund if the amount was never deferred. Federal tax refunds only deal with Federal Income Tax, not social security. If I'm wrong on this and you're a tax professional please correct me.

If you don't take the deferral you won't have any chance of getting extra money. Period.

My advice - if your employer gives you the option to defer the taxes, DO IT. Put it in an account until the end of the year and don't spend it. If Trump wins keep it, if Biden wins pay it back. If you don't defer there is no option to forgive.

Source: I work for a payroll company unfortunately they aren't giving us the option to defer either, but our clients can if they choose to.

1
Molten_Plastic 1 point ago +1 / -0

So you're telling me, that because my cock sucking company decides not to do this, I'M not getting a treat to the tune of nearly 2 THOUSAND dollars???

1
philandy 1 point ago +1 / -0

High yield suggestions?

3
lukewarm1776 3 points ago +3 / -0

All I want is no more masks!!

1
HeavenlyTrumpets 1 point ago +1 / -0

Yep. Their grab at dictatorship means more than literally anything else.

3
ChrisTheSoberITGuy 3 points ago +3 / -0

I KNEW IT!

Deferring payroll was okay, but I know many morons that don't know what "defer" means vs "forgivement".

I was thinking "I wonder if he's planning on forgiving them if he wins?"

And here it is. God bless this man.

4
PoohClimbsTrees 4 points ago +4 / -0

He laid it all out clearly when he first announced it.

Both that it was only a deferral and that if he won he would try and make it permanent.

It was all made extremely clear, just most people stopped paying attention to the details he stated as they were to busy trying to figure out how much more their paychecks would be.

3
Icepck 3 points ago +3 / -0

My company, a bunch of Democrats, opted not to defer the taxes.

1
GuerillaYourDreams 1 point ago +1 / -0

Democrats ruin everything!

3
Nightjar 3 points ago +3 / -0

If spending didn't go down, taxes haven't gone down in the long run. Did spending go down?

3
amopheldupsidedown 3 points ago +3 / -0

The government will never be so flush with cash that they decide to cut spending.

I read that somewhere on Reason or something, think it's a Friedman or Sowell quote

1
BirthHole 1 point ago +1 / -0

The democrats control spending ATM. So spending will never decrease. And RINOs wont decrease it either.

1
Nightjar 1 point ago +1 / -0

Have there been any spending bill vetoes? As far as I know, they were all signed.

2
pedewithweed 2 points ago +2 / -0

Not if the employer decides to not go through with honoring the tax cuts.

2
bovineblitz 2 points ago +2 / -0

My employer is denying us the tax deferment because having to repay it next year "would create a challenge for a number of employees".

They're literally forcing us to give the federal government a loan because they believe that their employees are too fucking stupid to manage a budget.

2
Molten_Plastic 2 points ago +2 / -0

Hate to say it, but they ARE right. 98% of Americans live paycheck to paycheck, and have absolutely NO concept of a budget.

2
hypebeast420 2 points ago +2 / -0

Real talk, we could fix a lot of the problems with social security underfunding if the fund could invest in equities. Right now, it's constrained to only Treasury bonds. 40% stock 60% bonds would give a greater return but still stable enough. Most pension funds are far more aggressive with closer to 60 or 70 percent stocks.

2
AmericaFirstMAGA88 2 points ago +2 / -0

If hiden is president, the unemployment is in double digits by March. Guaranteed

And the only way he wins is by rigging. 0% chance Trump loses a fair election

2
Darkheartisland 2 points ago +2 / -0

Destroy our country is an understatement.

2
progressivetrumper 2 points ago +2 / -0

I have donated half of my stimulus check to his campaign!!

-1
Uglylurker123 -1 points ago +1 / -2

Oh man I wish I was poor enough to qualify for a stimulus check like the rest of you winners.

2
Ayz1533 2 points ago +2 / -0

I work for a massive bank. We not only opted out, we also taught our Chat AI to talk about BLM.

2
QuitInfringement 2 points ago +2 / -0

Based, I'm going to buy a new gun

2
munsonfunction 2 points ago +2 / -0

My employer refused to do it, because they fear if Biden wins we will have to pay that money back.

2
TheLionParty 2 points ago +2 / -0

My cuck employer and all the soy boy and girls that cant manage their money complained on our corporate discussion site saying they wanted us to opt out of the deferral.

Is this accurate that, that the employers come Nov or Dec will just have to pay us that difference?

1
Buttfart88 [S] 1 point ago +1 / -0

If the payment is officially forgiven yes that money will have to go to you since it will no longer be owed to the federal government.

2
rouge_time_line 2 points ago +2 / -0

Could he cut some spending on social security, there’s to much bloated departments within health care spending

3
hilboggins 3 points ago +3 / -0

It'd be nice... But I'm starting to think the only way to cut spending is to just not send them our money in the first place. : /

Can't spend money if they don't have money.

1
BigIgloo 1 point ago +1 / -0

I wish they couldn't spend money they don't have, that would solve a lot of problems. Unfortunately they have no qualms spending money we don't have yet.

1
amopheldupsidedown 1 point ago +1 / -0

Not while an election is coming up. And it ain't right to cut money from the people who paid into it for fifty years. Gotta ease out with some opt-out program

1
TriathlonTodd3 1 point ago +1 / -0

Neither party wants to decrease Social Security. It's the third rail of politics.

2
BigIgloo 2 points ago +2 / -0

The more times Donald shows voters he can make money reappear for them the better. It shows that the government really could give us our money back and more, even the dems always could have.

But all other politicians are just TALK. Trump signs checks.

1
Sanctii 1 point ago +1 / -0

I love Trump as much as anyone, but I hate the thought of buying votes. I dont want to government to keep handing out money like this. It is not the governments job to provide for us.

1
patiohimself 1 point ago +1 / -0

Pretty sure if he wins hes pushing through legislature to not pay taxes on stimlus checks. That was a guarantee he made.

1
Uglylurker123 1 point ago +1 / -0

What a stable genius. Everyone knows that buying someone’s vote == functional democracy.

1
BingBongChina 1 point ago +1 / -0

Not exactly. You’d have to first defer all payroll taxes from now til years end. If joe gets voted in for whatever retarded reason, you’d owe all that money back.

1
Homopratensis2 1 point ago +1 / -0

But you'll pay it back next year.

1
daflyboys 1 point ago +1 / -0

My tech company is deciding NOT to defer now, indicating to us, like I'm sure other companies are as well, that this will save the burden of later having to pay it back. But if this is true, then legally what leg do we have to stand on to get that money that could have been permanently deferred?

1
Pray4USA 1 point ago +1 / -0

Amen!!

1
BigIgloo 1 point ago +1 / -0

My paycheck hasn't changed. When is this supposed to have happened?

1
Shoryuken 1 point ago +1 / -0

I gotten my check for ending 8/30 on 9/7, so 9/21. But you should find out if your employer is opting in

1
Rowski 1 point ago +1 / -0

Bummer that my company opted to not participate

1
backwoods-engineer 1 point ago +1 / -0

Many employers, clearly with "woke" execs, are denying their employees their payroll tax deferment because it's apparently "optional." One in particular (ask me know I know) said in a letter to their employees that they don't want to do the payroll tax deferment because they'll have to pay the taxes back in 2021. Maybe they think Biteme will win. I don't. I hope Trump and the new Republican Congress will make it permanent.