White House drops payroll tax cut after GOP allies object

AP ^ | July 23, 2020 | ANDREW TAYLOR and LISA MASCARO

[where's_the_Outrage?]

Searched and did not see where this had been posted.

It answers were the defunding of Social Security fearmongering is coming from in a previous post:

http://freerepublic.com/focus/f-news/3869000/posts

[DIRTYSECRET]

How about a cut on SSI income? Election winner. Gummer vote.

[wgmalabama]

So just give more to those not working. Don’t cut pay role taxes to those working. I’m opposed to all of it but damn, I am expected to pay for it.

[faithhopecharity]

Shame. It was a good idea

[petitfour]

To borrow a phrase from Hillary: What difference, at this point, does it make?

[montag813]

Gold, silver and Bitcoin exploding as the debt piles up.

[sheehan]

GOPe against the payroll tax cut not bc of Dem opposition, or SS or Medicare... but bc the economy would take off and help Trump

some have suggested taking advantage of recent DACA ruling, and deferring collection of the payroll tax thru executive order until after the election.

[bigbob]

With allies like them...

[DoodleDawg]

Does Trump really think McConnell cares what the President wants?

[ArcadeQuarters]

> the expensive idea

Cutting taxes is “expensive”. 1984 newspeak.

[dinodino]

Oh, for God’s sake. Republicans have absolutely no spine at all, none whatsoever—invertebrates.

[E. Pluribus Unum]

Can’t give anything to people who actually work for their money.

[djstex]

Makes you realize who the real problem is.
We know the dems are but every time so many republicans run like wimped idiots with dems.
Disgusted is putting it mildly.
Our President Battles alone against the spineless pubbies and the radical dems.
They are both the same at this point.

[Socon-Econ]

A great idea that could have easily been defended with the right rhetoric delivered in a heartfelt manner. The White House gave up too easily. (Kushner?)

[SecondAmendment]

> Oh, for God’s sake. Republicans have absolutely no spine at all, none whatsoever—invertebrates.

its much worse than that, the D.C. GOP are virtually all quislings....

[jmaroneps37]

What happens if Trump asked the Senate not to fight it out to get the payroll tax ended? Well it would not be in the bill and McConnell could use it as a bargaining chip and maybe get something for it. But what happens of gets into the bill and Pelosi sees it works and claims it. Now what happens when Trump uses a EO to order it and takes all the credit for it?

[Alberta's Child]

Trump can’t issue an EO to cut the payroll tax, but he could probably push the tax filing delays out for months.

[mrsmith]

” the cut in taxes that finance Social Security and Medicare. “

A bald lie. Those taxes go into the general fund and get spent.

And they included another lie by omission:: payroll taxes are paid 100% by consumers.
Trump’s cut would have saved consumers money.

[DoodleDawg]

And they included another lie by omission:: payroll taxes are paid 100% by consumers.
Trump’s cut would have saved consumers money.

There is no reason to believe the savings would be passed on to the consumer.

[Alberta's Child]

The purpose of the payroll tax cut is to let the employee keep more of his paycheck. That will help motivate people to get back to work after they’ve been collecting $600/week on top of their regular unemployment checks.