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Our President is tweeting about Payroll Tax Cuts & about The Fed!

Posted on 3/13/20 at 9:23 am
Posted by Seldom Seen
Member since Feb 2016
40674 posts
Posted on 3/13/20 at 9:23 am
quote:

Donald J. Trump
@realDonaldTrump
1h

If you want to get money into the hands of people quickly & efficiently, let them have the full money that they earned, APPROVE A PAYROLL TAX CUT until the end of the year, December 31. Then you are doing something that is really meaningful. Only that will make a big difference!



quote:

Donald J. Trump
@realDonaldTrump
38m

The Federal Reserve must FINALLY lower the Fed Rate to something comparable to their competitor Central Banks. Jay Powell and group are putting us at a decided economic & physiological disadvantage. Should never have been this way. Also, STIMULATE!
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 3/13/20 at 9:24 am to
quote:

If you want to get money into the hands of people quickly & efficiently

is that the priority? should it be?
Posted by GumboPot
Member since Mar 2009
119176 posts
Posted on 3/13/20 at 9:24 am to
quote:

physiological


quote:

STIMULATE!




ETA: pretty sure he meant psychological. Probably got autocorrected.
This post was edited on 3/13/20 at 9:26 am
Posted by BugAC
St. George
Member since Oct 2007
52957 posts
Posted on 3/13/20 at 9:25 am to
quote:

If you want to get money into the hands of people quickly & efficiently, let them have the full money that they earned, APPROVE A PAYROLL TAX CUT until the end of the year, December 31.


The fact that anyone would be opposed to keeping more of your own money is asinine. Also shows you what kind of greedy and lazy people, the left are.

quote:

The Federal Reserve must FINALLY lower the Fed Rate to something comparable to their competitor Central Banks. Jay Powell and group are putting us at a decided economic & physiological disadvantage. Should never have been this way. Also, STIMULATE!


The fact that the fed has this much power, is frightening.
Posted by Engineer22
Member since Nov 2012
1915 posts
Posted on 3/13/20 at 9:25 am to
Don't call it comeback:

Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 3/13/20 at 9:26 am to
it doesn't have to be a "priority" for it to happen

Democrats need to stop trying to tack abortion onto every bill and just get to work
Posted by BugAC
St. George
Member since Oct 2007
52957 posts
Posted on 3/13/20 at 9:26 am to
quote:


is that the priority? should it be?


Yes. The economy, is the priority. CV is going away. 10 severe cases in the entire country out of 1800. Empower the people. I, for one, would love more of my money back, which would help decide on how big of a vacation we take this year, and put back into the economy. Cause/effect.

Oh, and yeah, tying abortion to the bill really has nothing to do with it. Yet, you haven't posted about that....
This post was edited on 3/13/20 at 9:27 am
Posted by CAD703X
Liberty Island
Member since Jul 2008
78566 posts
Posted on 3/13/20 at 9:27 am to
quote:

If you want to get money into the hands of people quickly & efficiently

is that the priority? should it be?


GFY

sincerely,

CAD
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74596 posts
Posted on 3/13/20 at 9:28 am to
quote:

is that the priority? should it be?


Getting money into ppls hands should always be a priority

Posted by Stuckinthe90s
Dallas, TX
Member since Apr 2013
2578 posts
Posted on 3/13/20 at 9:29 am to
It would have to be coupled with a mandate that the payroll tax be paid to employees rather than companies keeping it. Because if they juts cancel payroll tax for the year then companies will just use that to offset loses.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
61020 posts
Posted on 3/13/20 at 9:30 am to
quote:

The fact that anyone would be opposed to keeping more of your own money is asinine. Also shows you what kind of greedy and lazy people, the left are.


You're talking about the DC ruling class who views taxpayers keeping more of their money as a "tax expenditure" and tax increases as a "tax savings."

It's totally bassackwards, and they don't even know what's wrong with that picture.
Posted by Old Hellen Yeller
New Orleans
Member since Jan 2014
9423 posts
Posted on 3/13/20 at 9:31 am to
quote:

If you want to get money into the hands of people quickly & efficiently


Beat the virus with money!
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11849 posts
Posted on 3/13/20 at 9:32 am to
quote:

is that the priority? should it be?




works for me. can take that 6.2% AND increase my 401K contribution till the end of the year and buy more shares at this lower rate
Posted by BuckyCheese
Member since Jan 2015
50149 posts
Posted on 3/13/20 at 9:32 am to
quote:

It would have to be coupled with a mandate that the payroll tax be paid to employees rather than companies keeping it. Because if they juts cancel payroll tax for the year then companies will just use that to offset loses.


The real point of it is to lower employment costs so they don't lay people off due to the Kung Flu.
Posted by The Maj
Member since Sep 2016
27265 posts
Posted on 3/13/20 at 9:32 am to
quote:

Beat the virus with money!


Well, that is what Nancy has proposed we do...

The virus bring you out of a coma?
Posted by da prophet
hammond, la
Member since Sep 2013
2352 posts
Posted on 3/13/20 at 9:33 am to
Pelosi wouldn’t agree to a Trump proposed tax cut even if the bubonic plague was killing millions.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 3/13/20 at 9:35 am to
quote:

Yes. The economy, is the priority.

there are definitely ways to get money to more people, more quickly than a payroll tax cut then
Posted by da prophet
hammond, la
Member since Sep 2013
2352 posts
Posted on 3/13/20 at 9:37 am to
Pelosi would agree to billions to liberal cities to spend on BS, but no tax cut for the average working person.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74596 posts
Posted on 3/13/20 at 9:37 am to
quote:

there are definitely ways to get money to more people, more quickly than a payroll tax cut then


Sure are

Posted by Clockwatcher68
Youngsville
Member since May 2006
6917 posts
Posted on 3/13/20 at 9:37 am to
quote:


is that the priority? should it be?


Yes. Karen’s Yukon XL has plenty of room for more toilet paper and hand sanitizer.
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