TRUMP SCAM TO KILL SOCIAL SECURITY

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TRUMP WANTS TO “TEMPORARILY” CUT PAYROLL TAX TO ……….

 

 

………………………………………………. ZERO. 

Heads up! Payroll tax doesn’t pay for wars and walls and foreign aid or for Secret Service folks to stay in Trump Hotels. 

Payroll tax is a direct contribution into your personal social security retirement fund. You pay in six percent and your employer must match it. The more you and your employer pay in, the more you get back at retirement. Law prohibits spending this money on anything else.

If you stop paying, your employer stops matching, then your future social security retirement benefit shrinks. It’s like increasing your spending money by not putting anything into savings. Only it’s worse, because when you put zero into your SSI retirement fund, you also lose the six percent your employer saves by not having to match. Your employer is the only winner.

This is intended to gut Social Security and kill Medicare, and then make the next president look bad, because she has to restart the payroll tax to keep Social Security up and running. Of all of the rotten corporate schemes, I have seen out of Trump, this is certainly one. 

Ask Grandma, if killing social security is a good idea. Then write to or call your Senators, and let them know, you’re smart enough to see through this scam.

Posted by Ron Nesler from New Harmony, Indiana

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Trump wants to “temporarily” cut payroll tax to zero. Payroll tax doesn’t pay for wars and foreign aid. It’s a direct contribution into your personal social security retirement fund. You pay in six percent and your employer must match it. The more you and your employer pay in, the more you get back at retirement. Law prohibits spending this money on anything else. If you stop paying, your employer stops matching, then your future social security retirement benefit shrinks. It’s like increasing your spending money by not putting anything into savings. Only it’s worse, because your SSI retirement fund also loses the six percent your employer saves. The employer is the only winner. Ask Grandma, if killing social security is a good idea. Then write to or call your Senators, and let them know, you’re smart enough to see through this scam.

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