Why Payroll Taxes Are the Achilles Heel of Social Security - CounterPunch.org

Why Payroll Taxes Are the Achilles Heel of Social Security - CounterPunch.org: On August 8th, Donald Trump took four executive actions on coronavirus relief. One was a memorandum deferring, to the end of the year, payment of the employee portion of the payroll tax for employees making less than $4000 biweekly. (Employer payments had already been deferred in the CARES act.) He did this, according to the More