Anonymous
Anonymous asked in Arts & HumanitiesHistory · 2 months ago

Trump Ending the payroll tax that funds Social Security and Medicare. Why?

Update:

That's one of his goals for his next election.

13 Answers

Relevance
  • blu
    Lv 7
    2 months ago

    One of trump's campaign promises was to leave SS/Medicare alone. He undermines these programs w/ his move on the payroll tax. It's another of his campaign lies like Mexico will pay, lock her up, more people will have health insurance that's better, he will balance the budget etc. I don't pretend to know what goes on in his "king of the narcissists" head. But what ever it is he has a self-aggrandizing ulterior motive.

  • Elaine
    Lv 7
    2 months ago

    The first reason is that Trump doesn't understand the payroll tax and where the money goes from this tax.  The second reason for the ending of the payroll tax appeals to his support base because all they see and hear is a reduction in taxes.  The Trumpsters don't think long term, they only think the here and the now.  They fail to realise that the payroll tax is their contribution to Social Security and the amount they will receive depends on the amount of their contributions. Part of this tax also goes towards Medicare but then the Trumpsters don't want Medicare  and Social Security is too much of a socialist programme so   they will fully support any measure that either temporarily or permanently ends the payroll tax. 

  • Anonymous
    2 months ago

    Good point.

    ....

  • Anonymous
    2 months ago

    To give workers more take home money when they need it.

  • What do you think of the answers? You can sign in to give your opinion on the answer.
  • 2 months ago

    you need to ask him this question

  • 2 months ago

    It is temporary and designed to encourage businesses and employees to get back to work. 

    Stupid Democrats (especially Nancy and Chuck) want to keep everyone unemployed and bankrupt the Nation while demanding another 3.4  Trillion in National Debt to subsidize their Corruption and push the Nation into bankruptcy at a faster pace.

  • Anonymous
    2 months ago

    Democrats virus killed off alot of social security and Medicare 

  • 2 months ago

    FWIW, he can't do it without Congress' approval.

    Both SS and Medicare are ENTITLEMENT Programs.  An Entitlement program is one where the people who paid into it have a personal account, like a savings account, in their name, in the program.  That's how SS knows how much you paid into your account which determines what your SS check will be at retirement.

  • Jim2
    Lv 7
    2 months ago

    Because he is stupid. I guess he thinks that people will vote for him because of that. 

  • 2 months ago

    It's been a Republican position for a long time. They don't actually care about senior citizens' well-being. See how the pandemic was handled by Donald Trump?

Still have questions? Get answers by asking now.