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re: Trump's EO to defer payroll tax

Posted on 8/8/20 at 7:21 pm to
Posted by OleVaught14
Member since Jun 2019
6891 posts
Posted on 8/8/20 at 7:21 pm to
quote:

Individuals need to be aware of this. I am not sure how it’s blindsiding, but I suppose that could be suggested.


Realistically how many people are going to know what this EO entails and understand the difference between a deferment v. thinking its just free money.

Sure realistically Congress will forgive it, but if something happens and they do not I'd wager 75% of the population would suddenly be blindsided by the liability and unable to come up with 3k to pay the tax.
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