It Only Matters

      Who Gets Credit   

   President Trump wants a payroll tax cut for 140 million American workers. Only those making less than $100,000 would benefit. So what if it's an election tactic?

   One would think Democrats (heroes of the little people) would love it.

   Nah. Joe Biden said Trump's idea would jeopardize Social Security. In 2011, the same Joe Biden said the same tax cut was "no threat to Social Security."  

   Yes, Dems favored a payroll tax cut when Obama was president and the economy was struggling as it is today. Nancy Pelosi praised it as "a victory for all Americans, for the security of our middle class, for the health of our seniors, and for economic growth and job creation." Wow! What changed? 

   Stephen Moore, economics journalist, notes the Dems were FOR the payroll tax due before they were against it.

   This year, Moore writes, "They want a new tax write-off that would help Bill Gates, George Soros, Michael Bloomberg and other Democratic campaign contributors. This would reinstate the deduction of state and local taxes from federal income taxes, but without stimulating the economy."

   The Tax Policy Center:  More than half the benefits of the Democrat's $600 billion tax plan would go to the richest 1 percent. The average worker would get $10, once a year. Those benefiting most live mainly in New York, New Jersey, Connecticut, California, Maryland, Oregon and Massachusetts...all blue states. 

   Moore adds, "Remember this the next time a liberal says Republicans only care about the rich."

        Jimmy