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Trump to Suspend Payroll Tax Until End of 2020

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posted on Aug, 9 2020 @ 05:38 PM
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originally posted by: toolgal462
We shall see who is right and who is wrong.


The Executive Order says deferral and repayment, so it looks like you're wrong.


FYI: Title of the thread says "SUSPEND" not defer.


Yeah? And? That confuse you? You didn't bother reading the actual Executive Order like I did?




posted on Aug, 9 2020 @ 05:44 PM
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a reply to: tanstaafl




People with pre-existing conditions simply cannot get or have insurance. That isn't how insurance works.


Last time I checked the Affordable Care Act, AKA Obamacare, is still the law of the land. People with preexisting conditions are being covered by their insurance companies right now, at no additional premiums expense.

Trump's executive orders can only apply to the Federal Government. Trump can't force private insurance companies to do anything or cover anyone.



posted on Aug, 9 2020 @ 05:48 PM
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a reply to: Sookiechacha

Some of the O'Care parts have been shot in the ass 🦃



posted on Aug, 9 2020 @ 05:51 PM
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originally posted by: Sookiechacha
a reply to: tanstaafl
Last time I checked the Affordable Care Act, AKA Obamacare, is still the law of the land. People with preexisting conditions are being covered by their insurance companies right now, at no additional premiums expense.

You missed the point. It isn't insurance.

And are you insane? No additional premiums expense? My premiums have easily quadrupled, my deductible has increased 5 fold, and the coverage is much much worse than before Ocrappy-Care.



posted on Aug, 9 2020 @ 05:53 PM
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a reply to: xuenchen

And? It is currently illegal to deny insurance coverage or to charge a higher premium to people with preexisting conditions.



posted on Aug, 9 2020 @ 05:59 PM
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a reply to: tanstaafl




It isn't insurance.


I assume you're talking about Medicaid and Medicare as not being real insurance. That's wrong.



And are you insane? No additional premiums expense?


Plenty of people with private insurance through their employment, who also have heart disease, diabetes, etc., are being covered at no extra premium charge, as mandated by the Affordable Care Act.


Under current law, health insurance companies can’t refuse to cover you or charge you more just because you have a “pre-existing condition” — that is, a health problem you had before the date that new health coverage starts.

These rules went into effect for plan years beginning on or after January 1, 2014.


www.hhs.gov...



posted on Aug, 9 2020 @ 06:17 PM
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originally posted by: Sookiechacha
a reply to: tanstaafl
I assume you're talking about Medicaid and Medicare as not being real insurance. That's wrong.

No it isn't. It is government charity. About as far from insurance as you can get.


"And are you insane? No additional premiums expense?"

Plenty of people with private insurance through their employment, who also have heart disease, diabetes, etc., are being covered at no extra premium charge, as mandated by the Affordable Care Act.

Maybe no extra charge to them... but at huge extra charge to me and most others.

"Under current law, health insurance companies can’t refuse to cover you or charge you more just because you have a “pre-existing condition”

Exactly. They don't charge the one with the pre-existing condition more... they charge EVERYONE more, including all of those without pre-existing conditions.

Again - if you cannot comprehend the concept of insurance - a wager, a bet, by two parties - one - the insurer - betting that someone won't get sick, or their house won't burn down - and the other - the one buying the insurance - betting that they will get sick or their house could burn down - and that this concept is anti-thetical to the idea of 'pre-existing conditions - meaning, the person is already sick, or their house is already burning down - then you are incapable of understanding the bare minimal concepts necessary to function adequately in a civil society.



posted on Aug, 9 2020 @ 06:26 PM
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a reply to: tanstaafl



No it isn't. It is government charity.


Medicare is something that everyone pays into through their payroll taxes and that every citizen is entitled to when they reach a certain age.



Exactly. They don't charge the one with the pre-existing condition more... they charge EVERYONE more, including all of those without pre-existing conditions.


That's why the ACA included an insurance mandate, that everyone needed to have insurance to pay into the insurance pool that covers everyone. SCOTUS ruled that mandate to be the equivalent of a tax. Your taxes cover things that you may not use, but other people use, just like an insurance pool may cover people with conditions that you don't have.

Who do you think is supposed to pay for Trump EO/memo, protecting people with preexisting conditions?



edit on 9-8-2020 by Sookiechacha because: (no reason given)



posted on Aug, 9 2020 @ 06:37 PM
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originally posted by: Sookiechacha
a reply to: tanstaafl
Medicare is something that everyone pays into through their payroll taxes and that every citizen is entitled to when they reach a certain age.

Sadly, yes... government charity, as I said.


"Exactly. They don't charge the one with the pre-existing condition more... they charge EVERYONE more, including all of those without pre-existing conditions."

That's why the ACA included an insurance mandate, that everyone needed to have insurance to pay into the insurance pool that covers everyone. SCOTUS ruled that mandate to be the equivalent of a tax. Your taxes cover things that you may not use, but other people use, just like an insurance pool may cover people with conditions that you don't have.

Who do you think is supposed to pay for Trump EO/memo, protecting people with preexisting conditions?

That is why I was complaining about that point... are you ignorant, or just clueless?



posted on Aug, 9 2020 @ 06:44 PM
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What is this madness that you somehow owe for suspended requirements?

If sell you a used car for 24 equal payments of $100 but allow three payments off for consistency, then you will pay $2100 instead of $2400.

Or if you need a tax example...Ohio has a tax free weekend for back to school shopping (clothes, supplies, there is a list) on that weekend there is no sales tax on those items. It is not a deferment to be paid later it is a complete suspension of sale tax on those items for that weekend. No rain checks. You snooze, you lose.

What sort of tax slave mentality makes you think you are responsible for paying for a gift? With all the “free stuff” you think the concept would be automatic... But let’s look at it another way then. The country is almost 250 years old. There has only been a tax on income for barely over 100 years. So for nearly 150 years the US govt handled itself. They should be able to go 3 months without 1/4 of your income without the skies setting themselves on fire or cats kissing dogs...



posted on Aug, 9 2020 @ 06:52 PM
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a reply to: Ahabstar

Nope. For this 5 month suspension the government must raise taxes for the next 100 years by 7 billion dollars per person per year.



#TaxesArePatriotic



posted on Aug, 9 2020 @ 07:50 PM
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a reply to: toolgal462


So, if this tax cut needs to be repaid it's on congress, right?

Geee, do ya think that was the intention all along?

Yep, and probably.

The House hasn't done anything of consequence since being elected two years ago. All they have done is berate Trump, bash his supporters, and pass bills that had no chance of success. Oh, and they impeached Trump on charges of "being mean to them."

Face it, Congress is a joke and the House is the punch line. Now they can either buck up or show the voters their true colors.

TheRedneck



posted on Aug, 9 2020 @ 08:40 PM
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a reply to: DBCowboy

#FightForFifteenMillion



posted on Aug, 9 2020 @ 09:30 PM
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a reply to: DBCowboy

#FightForFifteenMillion



edit on 10-8-2020 by Ahabstar because: That was an odd double post



posted on Aug, 10 2020 @ 04:44 AM
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originally posted by: scraedtosleep

originally posted by: Ahabstar
a reply to: scraedtosleep

People making minimum wage of $7.25/hr will keep $7.25/hr (unless their state has an income tax or other income taxes such as city or school district) instead of only making maybe $5.58/hr or so.

But I wonder what those taxes went to that will now not be reviving any funds?

Honestly, as long as we are deficit spending the federal government is only borrowing from the federal reserve bank and our tax dollars go from the IRS to the fed. The fed then loans all funding to the government including to cover any shortfall in available income.

Everyone will in time come to the conclusion that thanks to the federal reserve act of 1913 we have not had a real monetary policy that was intended in the founding.

Addtionally, we need to understand that a total reset of salary system, the price of goods and money needs to occur if we wish to maintain our system of barter.

Now i see the trend heading towards digital currency that as a system looks like a great convenience, but i can see that being used in a sinister way.



posted on Aug, 10 2020 @ 05:58 AM
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It’s not though from a realist point of view not an emotional one. If that employee can be replaced by a machine which ultimately costs far less than the employee (7$ lets say) The labor provided for that function, or also know as their job, is not worth more than the 7$ they get. You’re now competing with our gadgets for jobs, and they don’t demand healthcare or bathroom breaks or come in late or have sexual assault charges filed etc.

You need to wake up and see the world for what it is. And this leftist dribble of feel good about identity by being mad at white men stuff is not anything close to a solution, just more racism (it even uses the same exact thought process the nazis used against the Jews, if you pay attention to history Jews holding all the money and power, controlling employment opportunities, denying others opportunities etc).

The value of that 7$ has Run away from the consumer so it doesn’t go as far, so inflation is the answer you say? Yes Venezuela really showed us how well socialism and inflation go to fix this.

There is not entitlement currently to a minimum wage income, minimum wage exists to protect the worker yet it’s viewed as a means to oppress them. What’s your # for minimum wage? 20/hr? But I couldn’t afford a car and a decent apartment, 25$/hr. I’m actually very open to a universal income concept, as well as government provided utilities with some means of rationing (you could always pay out of pocket after basic service is provided). Subsidize housing cost based on income, the NYCHA housing system is horribly currupt and essentially a lottery to gain access. The value of low quality work is not the issue. A lack of high quality work opportunities and employer provided training is the solution. Employers requiring the employee to pay for their own training before having the job is a problem. Have the company provide the training needed for you to succeed at higher skilled opportunities. We have required too much certification and on paper requirements for job placement that computer algorithms decide now. Let cashier jobs stay low value and have companies TRAIN new hires on missing skill sets to succeed.



a reply to: scraedtosleep



posted on Aug, 10 2020 @ 08:28 AM
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a reply to: TheRedneck




Yep! More debt... wait... wasn't that what Pelosi and Schumer were demanding? When did they become conservatives?


So now your ok with something those two wanted?
or were you always ok with this?



posted on Aug, 10 2020 @ 09:50 AM
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a reply to: scraedtosleep


So now your ok with something those two wanted?

Not at all.

Their proposal included pork such as payments to state governments to replace "wasted" (read: misappropriated) monies that span the last twenty years. They also wanted to maintain the $600 additional payments for unemployment, which directly led to the tripling in cost of beef recently. Heck, I'm not happy with the $400 Trump allowed, but at least it is less than $600.

Stating that option B is preferable to option C does not mean one didn't prefer option A in the first place. One does not always get exactly what they want in life. Happiness lies in understanding that reality and making the most of it instead of crying about the unchangeable realities we all live with.

TheRedneck



posted on Aug, 10 2020 @ 10:03 AM
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a reply to: xuenchen

I honestly wish he would suspend payroll tax for ever. I want all my money back they stole from me.



posted on Aug, 11 2020 @ 05:30 AM
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Did someone take a shot at Trump last night or attempt to whilst he was giving his press conference

he was mid talk about stocks and shares / exchange rates
he left and then came back and said there was a shot outside the whitehouse outside the fence close by

secret service dealt with it

was this his "powerful enemies " making an attempt on his life , or just another disgruntled american citizen




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