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Tue Sep 15, 2020, 08:02 PM

Senate Opting Out of Trump Payroll Tax Deferral for Employees

Source: Bloomberg

(Bloomberg) -- The U.S. Senate is joining the House in not implementing President Donald Trump’s order allowing employers to defer payroll taxes owed by workers, Missouri Senator Roy Blunt said Tuesday.

“My belief is we are not moving forward with the payroll tax deferral in the Senate,” Blunt, a member of the Senate GOP leadership, told reporters. “We’re not going to do it and the House isn’t either. Nor is the Supreme Court.”

Blunt said that technical issues with the Senate’s payroll processing systems were partly to blame. The Democratic-controlled House of Representatives said last week it would not defer collecting payroll taxes for staff and other workers, adding that it was not in the best interest of the chamber or its employees. The Senate Disbursing Office, which handles payroll for the chamber, didn’t immediately respond to a request to comment.

The Office of Management and Budget has directed federal agencies, which are part of the executive branch, to stop withholding payroll taxes, which must be paid back next year unless Congress forgives the levies. That could mean sharply higher withholding for those workers in early 2021.



Read more: https://www.msn.com/en-us/news/politics/senate-opting-out-of-trump-payroll-tax-deferral-for-employees/ar-BB194P1h?li=BBnbfcQ&ocid=DELLDHP

6 replies, 1265 views

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Arrow 6 replies Author Time Post
Reply Senate Opting Out of Trump Payroll Tax Deferral for Employees (Original post)
Yo_Mama_Been_Loggin Sep 15 OP
Renew Deal Sep 15 #1
jorgevlorgan Sep 15 #4
Progressive Jones Sep 16 #6
keithbvadu2 Sep 15 #5
oldsoftie Sep 15 #2
jorgevlorgan Sep 15 #3

Response to Yo_Mama_Been_Loggin (Original post)

Tue Sep 15, 2020, 08:16 PM

1. This seems like an attempt to screw over Biden

Because people will get ridiculous tax bills in April.

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Response to Renew Deal (Reply #1)

Tue Sep 15, 2020, 09:19 PM

4. Has there actually been any kind of deferral put in place?

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Response to jorgevlorgan (Reply #4)

Wed Sep 16, 2020, 01:57 AM

6. I asked my employer about it. His answer, "F*ck That. I'm not doing it." nt

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Response to Renew Deal (Reply #1)

Tue Sep 15, 2020, 10:25 PM

5. Always call it 'The Trump Tax Hike' for those folks.

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Response to Yo_Mama_Been_Loggin (Original post)

Tue Sep 15, 2020, 08:36 PM

2. So far I dont know anyone who works for a company that is taking it.

That ought to piss off trump

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Response to Yo_Mama_Been_Loggin (Original post)

Tue Sep 15, 2020, 09:17 PM

3. "...nor is the supreme court"



Is the Senate starting to grow a pair?

Could that Labor Day deadline rumor been legit?

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