“Trump ought to be ashamed of himself.”
How can you be so obtuse? The law did not allow Social Security taxes to be changed in that type of bill that was passed yesterday, so they had to make a go-around to accomplish what they wanted.
True, it is only for four years just now. The politicians will point out that that those few billions of dollars, relatively speaking, of extra Social Security costs will collapse the system a year earlier but think nothing of sending trillions of dollars, down the drain, overseas for nation building.
The thinking of the administration is that within that four year period, growth in the economy will allow them to get rid of all taxes on Social Security. Social Security was never taxed until 1983.
Thank you for your post explaining the reality of our existing LAWS and how this works around to offer some relief....until it can be made permanent.
They’re also being short sighted, as to the upside of the coming economy.
Unreal to see the gnashing of teeth, here....the constant griping, after being brought out of the wilderness....again.
I’m anything but obtuse.
There are other ways to make a point that are actually civil.
“The law did not allow Social Security taxes to be changed in that type of bill that was passed yesterday”
Yes, it did. Where did you get that it wasn’t? This was a tax bill.