| ► Benefits to Trump supporters re: Social Security/Medicare taxes if he is reelected |
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Benefits to Trump supporters re: Social Security/Medicare taxes if he is reelected
This is not the first award presented to The Great Leader. In the past he has been the subject of 534 awards, 111 opinion pieces and 85 laments. For a list of the prior awards and/or articles, see the items detailed at the end of this article.
During a recent speech (ca. August 2020), The Great Leader proposed to eliminate all payroll taxes used to fund Social Security and Medicare if he is reelected on November 3, 2020.
The Social Security withholding tax is 6.2% and 1.45% for Medicare for an employee and the same for his/her employer. Therefore, the employee and employer would realize the following savings if The Great Leader is reelected as set forth in the table below.
With the annual savings for employees set forth above, the families or single earner would be able to spend said savings on the following.
It is estimated that Social Security would run out of money in mid-2021 and would therefore require congress to add about $1.3 trillion annually to the budget deficit. Since this is highly unlikely with The Great Leader and Republicans controlling the Senate, Social Security and Medicare would merely fade into the wind.
I am sure Trump supporters believe it would be much fairer for them if they had additional funds to purchase the luxury vehicles set forth in the table above instead of paying these onerous taxes.
The only foreseeable problem for Trump supporters if these taxes are eliminated and Social Security and Medicare go the way of the Model T, many of their parents and/or grandparents will not have sufficient funds to live on or pay their medical bills. And if y’all decided you wanted a luxury car rather than helping out Mom and Dad or Grandma and Grandpa, then I’m sure you would not feel bad when they became homeless and had to live in a shelter if one was even available.
And lastly, this is will just be another fine example of The Great Leader making a promise, keeping it and Making America Great Again, Again.
For additional post-election articles re: The Don visit the articles below
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