Yes it's very important Americans know and understand what this Republican Party President is proposing with this current attempt to "suspend the payroll tax." For an explanation of what this President is proposing presently:
When Trump says he wants to suspend "payroll tax," he's talking about the 7.65% withheld for your Social Security and Medicare.
Here's the scam: it would suspend the 7.65% your employer matches.
See?
You will not get that, nor will your wage or salary increase by 7.65%. Plus, when Social Security collapses due to this de-funding, It will provide an excuse to keep it.
This is to help businesses and corporations, certainly not the American people.
It will at least weaken, if not eventually destroy Social Security and Medicare.
Thanks, Mr. President.
But no thanks.
Thanks, Republicans.
Links:
The Social Security System Is The Most Successful Government Social Insurance Program
