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CousinIT

(12,543 posts)
10. BUMP. Turd's tax plan coming out today. Look for what he calls "middle class tax cuts"
Wed Apr 26, 2017, 09:35 AM
Apr 2017

It may include this FICA cuts or complete elimination.

FICA is not taxes. It's an insurance premium. It pays for retirement insurance (social security) and unemployment insurance.

What happens when we stop paying our insurance premiums?

We LOSE our insurance coverage.

In this case we'd LOSE our social security and UI - at least.

TURD may want to pass that off as a "tax cut".

FICA is NOT a TAX so this is NOT a "tax cut". It's DEFUNDING OF RETIREMENT INSURANCE MOST AMERICANS NEED OR WILL NEED.

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