Donald is insisting on a payroll tax cut in the upcoming Pandemic relief bill. This shows more of his incompetence and mental illness. A payroll tax will:
- Give nothing to help the unemployed, but give a small tax cut to those fortunate enough to be working.
- By reducing or cutting off payroll taxes, the money for current Medicare and Social Security will have to be drained from their trust funds. This will take many years off when they are expected to run dry. The latest guesses are for them to run dry in 12-15 years. Payroll tax cuts will reduce that by many years depending on how big the cut.
Donald won’t be around to see the damage he has done.
How does Donald come up with the wrong things all the time? Demon possessed?