He says he did it to help Americans, but it will provide very little help to Americans hurt by the Trump Virus and Trump recession. The people really hurting are those without a job, and this move will not help them at all.
There is something it will do though. It will defund the Social Security program -- the program that keeps millions of seniors out of poverty. Social Security is completely funded through those payroll taxes. Trump's executive order means Social Security will not get any funds through the end of this year, and if he's re-elected, will not get any funding even after this year.
How does he expect to pay for the Social Security program? Does he even care. He, and his Republican cohorts, have never liked the Social Security program. They and their rich friends don't need it, and they don't care about the millions of Americans who need it to survive.
The Republicans have tried to eliminate Social Security many times. And when they couldn't succeed, they resorted to trying to chip away at the program -- by increasing age limits and reducing benefits. Trump's latest action is just another hidden effort to defund and destroy Social Security. Once Social Security cannot pay the benefits, they will then eliminate it -- throwing millions of seniors into poverty.
Trump is disguising this as tax relief for workers, but it's just an attack on Social Security.
This is just one more reason why Trump and the Republicans MUST be voted out of power in November.