To: rintintin
However, Social Security is also basically incapable of going bankrupt. Two of the program's three sources of revenue -- the 12.4% payroll tax on earned income and the taxation of benefits -- are recurring. Well...maybe one of three sources. Trump wants to do away with the payroll tax.
To: DoodleDawg
" Trump wants to do away with the payroll tax."Wrong! He wants a payroll tax holiday, Which I Oppose!
I would rather see a loan or withdrawal option for a limited amount over a limited basis. Helps immediately those who need it and still not bankrupt the whole thing.
30 posted on
08/24/2020 5:57:42 PM PDT by
outofsalt
(If history teaches us anything, it's that history rarely teaches anything.)
To: DoodleDawg
No...he wants to suspend it temporarily so that people can recover from this covid disaster.
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