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Started By
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Anybody else pulling for the Payroll tax suspension?
Posted on 3/24/20 at 1:15 pm
Posted on 3/24/20 at 1:15 pm
For the rest of 2020 is the article I read. Probably a long shot but damn that would be nice.
Posted on 3/24/20 at 1:17 pm to maxxrajun70
take the 6.2% and add 6.2% to 401k contribution. have same weekly take home
Posted on 3/24/20 at 1:18 pm to maxxrajun70
I'm sure they will figure out a way to means test it like they did the check.
Posted on 3/24/20 at 1:19 pm to maxxrajun70
I make too much for the check.
This would help pay off an old bill.
This would help pay off an old bill.
Posted on 3/24/20 at 1:26 pm to maxxrajun70
That would be HUGE
I could do some serious debt whacking with that
I could do some serious debt whacking with that
Posted on 3/24/20 at 1:34 pm to DownshiftAndFloorIt
Isn't that something Trump can do without Congress?
Posted on 3/24/20 at 1:37 pm to maxxrajun70
It would be a hell of a lot more than $1k for me, so yes, I'm for it.
Posted on 3/24/20 at 1:38 pm to maxxrajun70
Yes, would help me a lot
Posted on 3/24/20 at 1:38 pm to maxxrajun70
My work cut our hours so I changed my payroll deductions to married and 9. I get alot back every year anyway because I have 3 kids.
Posted on 3/24/20 at 1:38 pm to maxxrajun70
I would be able to blow away a lot of my consumer debt.
Posted on 3/24/20 at 1:51 pm to Quidam65
quote:
I make too much for the check. This would help pay off an old bill.
Me too
The senate has it on their stimulus package.
The house does not.
frick it Im pulling for the senate
Posted on 3/24/20 at 1:53 pm to maxxrajun70
Refundable payroll tax credits are already the bailout for small/medium business for the new FMLA requirements.
So not sure how this is going to work.
So not sure how this is going to work.
Posted on 3/24/20 at 1:59 pm to tigeraddict
quote:
take the 6.2% and add 6.2% to 401k contribution. have same weekly take home
They should also allow folks a one time 401k withdrawal without taxes or penalties up to around 25k
This post was edited on 3/24/20 at 2:38 pm
Posted on 3/24/20 at 2:04 pm to RD Dawg
quote:
They should also allow folks a one time 401k withdrawal without taxes or peneleties up to around 25k
I've always thought this would be a tremendous idea for a GOP-led stimulus (at any point). Probably a logistical nightmare with tons of loopholes, etc. - but a responsible way to give a jolt to the economy.
Posted on 3/24/20 at 2:17 pm to Pettifogger
How would the Dem's pay for their salary increase?
Posted on 3/24/20 at 2:20 pm to maxxrajun70
I'd much rather have that.
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