Trump is interested in a temporary cut to payroll taxes that support Social Security and Medicare. I am concerned that Republicans would use the reduced solvency of the programs as an excuse to cut benefits. Every problem cannot be solved with a tax cut!
Another Republican scam like their tax cut
The tax cut primarily helped rich people and corporations. It didn’t help the economy much and greatly increased the deficit. Now Republicans want to give more tax cuts to the wealthy. Sad!
Blue states were already subsidizing red states before Trump’s vindictive tax cuts that punished states that didn’t vote for him. Now NY, NJ, and CT are suing IRS for blocking a workaround to the $10,000 limit on state/local tax deductions.
The tax cuts could also further penalize blue states by causing people to move from them.
This should serve as a lesson for the whole country. Republican tax cuts do not improve the economy, they just increase the deficit.
More on the Trump tax law scam.
More evidence that the Trump tax cut was a scam to help businesses and wealthy people.