Astrostar
Diamond Member
- Jul 21, 2017
- 2,940
- 3,850
- 1,940
![www.cnn.com](https://media.cnn.com/api/v1/images/stellar/prod/200320112649-01-mnuchin-0317.jpg?q=x_3,y_0,h_1684,w_2993,c_crop/w_800)
Here's what the payroll tax deferral action means for you | CNN Business
The US Treasury Department released guidance Friday evening informing companies and workers how Trump's proposed tax holiday will apply to them.
In addition to botching his response to the coronavirus, now Trump is placing a burden on workers with his payroll tax screw up. He can't waive PR taxes, only postpone them. So now workers who do not pay those taxes this year will have the burden next year.
Again, as he does daily, Trump demonstrates his aggressive incompetence to be president. In January President Biden will have his hands full cleaning up Trump's disasters.