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Just set aside what you would normally pay in taxes and invest that in gold so when they want you to pay them back you have 2x as much in your tax cut saving fund.
Anyone else get the feeling that no matter the election result the VAST amount of United Staters are gonna get ass raped?
Yeah. But at some point, something had to give. And this tax relief is only temporary. I think it’s overall a good thing. But he said if he gets re-elected, he’ll essentially make it permanent. Now, I really fucking doubt he will make it permanent. But from what I understand, if he does, you can kiss social security and Medicare goodbye. Short term, this is good. Long term, not so good.Bye bye social security.
They can just keep printing money and see how long the experiment can go before collapse.If that is true that is terrible. Where do you think they would make that money up? Trump won't tax the rich or businesses. That would mean huge cuts to America's already shitty public sector.
Can't see this in any way being possible.
You have noTrump has no idea 1) how executive orders work, and 2) what he actually can and cannot do.
why didnt you have insurancehealthcare for all lol, i am not ready for this new election tho. I got taxed for 2018 tax year $4k cud I didn’t have insurance.
You have no
Idea he has already signed the order. Effective until December he has deffered these taxes. He would have liked to do a forgiveness on them but it is not within his power and thusly if he wins he and the dems will fight it out over the pay back or lack there of before tax season. Its already happened go read the official order.
I wish social security was done on a “personal” account like say a 402 is.Bye bye social security.
Anyone else get the feeling that no matter the election result the VAST amount of United Staters are gonna get ass raped?
I guess we will see. Your example is such trash it does nothing to prove anything. I hope it does go through. Somebody has to do something for the god damned working man and income tax would be a grand place to start.It's a matter of enforceability and checks and balances. He could sign an executive order saying I need to wear Mickey Mouse costume to work everyday and it wouldn't be enforceable.
Trump signed something last night and if you make less than 100k a yr, them you won't have to pay federal taxes anymore. No FICA, Med, or Social for the rest of the yr but are they gonna try and collect it later? Or No and we don't have to worry about getting screwed comes next apirl. Can someone explain this to me.
Yes, you will still pay taxes.Trump signed something last night and if you make less than 100k a yr, them you won't have to pay federal taxes anymore. No FICA, Med, or Social for the rest of the yr but are they gonna try and collect it later? Or No and we don't have to worry about getting screwed comes next apirl. Can someone explain this to me.
No wayy, i live in new york n make more than $100k get fed city state tax adds up to like 40% plus. If biden gets in office we fucked
Trump has stated he will push for legislation to avoid the repayment.It's payroll tax like Social Security (the one that's insolvent (running out of money)) and Medicare, not income tax. It's deferred meaning you gonna owe it later and be fucked.