Trump says he favors payroll tax cuts not 'big distribution' of checks in next stimulus

[left-of-center2012]

Americans across the country are still grappling with job loss, furloughs and economic uncertainty. To combat these financial woes, President Donald Trump said Tuesday he sees tax cuts to companies as the economic answer not additional checks to individuals in forthcoming stimulus packages.

He would “love to see” payroll tax cuts versus a “big distribution,” referring to the massive stimulus checks that have been doled out to citizens the last couple of weeks.

“It would really be an incentive for people to come back to work and for employers to hire,” Trump said. “That’s what I like...”

https://www.ajc.com/news/breaking-white-house-reportedly-considering-another-round-stimulus-checks/5tHr2csKugHk6z7mibdK7O/

[SammyWinstonJack]

1. A$$hole! Can't say what I'd like.

[rurallib]

2. Gee what a surprise - let me guess who will get the biggest cuts

so it can trickle down.

Payroll tax cuts = starving Social Security & Medicare.

"massive" stimulus checks????

[spanone]

3. That's all republcans have cared about for 50 years...TAX BREAKS

[The Magistrate]

4. Nothing, Sir, But An Attempt To Wreck Social Security

This must be made clear, and the attempt resisted at all costs by our majority in the House.


"Defeat of a dangerous enemy is something to be for."

[ok_cpu]

5. I'm not an economist, but isn't demand the issue right now?

COVID-19 has interrupted consumer behaviors.

Probably a rhetorical question, but how does cutting payroll tax create jobs when people are consuming less. The restaurant up the street can hire 500 people, but I will not sit down for a meal there until I'm comfortable that I can do it safely.

But, give me enough economic support that I can think beyond survival and I'll order carry out. And I'll further participate in the economy as you enact a coherent public health policy.

Every response by this admin has been wrong.

[Maeve]

6. When so many have NO payroll???

And the horse you rode in on....

[MoonlitKnight]

7. Big business got $10 trillion

And all I got was this lousy $1200 and no T-Shirt.

[Maribelle]

8. Trumps slippery Tax Cuts allowed him to boast the US economy was the best it's ever been.

But COVID-19 proved to him his economy was merely built on shifting sands and didn't last even a month under pressure.

Trumps entire adult life has been based on lying, cheating, and blowing other's money.

[lark]

9. Damn him to death, while is this killer alive?. He wants to take SS by the throat and kill it now.

He is salivating at the chance to destroy us and our country and will not stop the fuckery until our democracy is lying dead in the streets.

[imanamerican63]

10. Yah! Tax cuts for the rich!

But when give a tax cut to someone who doesn’t have a job? Ummm!

[milestogo]

11. And exactly how does that help the millions of people who have lost jobs?

And the millions of small businesses that have closed?

[dreamland]

12. Of course he does, anything that will benefit him

That's why he's not so enthusiastic about this bill because it does not hold any benefits for him.

[SeattleVet]

13. "Payroll Tax Cuts" is just code for cutting Social Security and Medicare.

Yesterday he went on about how unfair it is to have the employee and employer have to both pay.

Don't let him coopt the language - whenever he says 'payroll tax cuts' we need to specify and clarify what he really means.

[SoonerPride]

14. Fuck that and fuck him. This is DOA and not going to happen.