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Feds over certain salary spared from tax deferral -- FederalSoup.com
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He also is not forgiving anything for the military and is strictly contingent on him getting re elected. Trump said so himself.</p> </div> <div class="standard"> <h2> Wed, Sep 16, 2020 <span class="name"> </span> <span class="location"> </span> </h2> <p> Clearly Trump is looking to forgive this tax deferral. He has even said so. Democrats won’t work with him, so by executive order he is delaying this tax payment. He has already said he is planning to forgive this tax debt for military. This is just another story that is twisted to make Trump look bad. When he is trying to help. </p> </div> <div class="standard"> <h2> Wed, Sep 16, 2020 <span class="name"> Sergio</span> <span class="location"> CA</span> </h2> <p> Social Security tax is capped at $137,700. So if you make more than that you don't pay anymore Social Security tax. So this is another way that Trump is trying to Defund Social Security and try to privatize it.</p> </div> <div class="standard"> <h2> Wed, Sep 16, 2020 <span class="name"> John</span> <span class="location"> Columbus, OH</span> </h2> <p> Another instance of the wealthy (over $104,000 salary) having their voices heard. Give the average Joe the opportunity to not have a tax hit next year as private employers and upper salaried feds are allowed to do. Typical Trump, helping (not) the little guy! </p> </div> <div class="standard"> <h2> Wed, Sep 16, 2020 <span class="name"> Jon</span> <span class="location"> </span> </h2> <p> If anyone really doesn't believe that the pressure (from either party) will cause Congress to simply forgive the deferred OASDI, then you haven't paid attention. 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