Elliot
Lv 7
Elliot asked in Politics & GovernmentPolitics · 6 months ago

So...let me get this straight...Trump is considering a reduction in the payroll tax, despite the fact that everything in the economy is fine?

Give me a break!

7 Answers

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  • 6 months ago
    Favorite Answer

    Trump knows that his stupid trade war is making the inevitable recession get here quicker than it would have otherwise and he is desperate to delay it until after the election.

    • Elliot
      Lv 7
      6 months agoReport

      Exactly.

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  • Bob
    Lv 7
    6 months ago

    Where will this admin get money to run the country when it cuts all income? That doesn't matter, keeping the economy alive until 2020 is the only thing that matters to the Republicans now.

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  • 6 months ago

    Well, at least he's thinking about ways to try to stave off a recession but when President Obama cut payroll taxes most Americans didn't even notice the difference. He might have to do something more dramatic.

  • Elaine
    Lv 7
    6 months ago

    If everything was as fine as Trump proclaims he wouldn't need to consider a reduction in payroll tax. This type of reduction is one traditional way of increasing consumer buying power which stimulates the economy. What Trump is hoping for is that a recession doesn't occur until after the 2020 election.

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    • Elaine
      Lv 7
      6 months agoReport

      Doris: Building infrastructure was done in the US, Canada, Germany during the 30's as way getting out of the Great Depression.

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  • RockIt
    Lv 7
    6 months ago

    if people were given a reduction because they invested in their own 401k, I'd be very much for it. Your own return will probably outperform what the government would do with that money over the next 20 to 40 years.

    • Elliot
      Lv 7
      6 months agoReport

      What about spending that money in the economy? Wouldn't that help things, too?

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  • 6 months ago

    when you're a little older, you'll probably understand the notion of "maintenance" a little better...

    • Elliot
      Lv 7
      6 months agoReport

      You mean like putting oil in a car?

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  • 6 months ago

    His fat *** is scared of what's coming.

    • Elliot
      Lv 7
      6 months agoReport

      100% agree.

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