LogFAQs > #943224754

Apparently Trump is going to accept the Republican nomination at either the White House or... Gettysburg.

not sure which is worse

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Also, Trump's tax deferral might actually raise taxes depending on how it all shakes out: https://www.washingtonpost.com/opinions/trumps-inadvertent-tax-hike/2020/08/10/12457502-db00-11ea-809e-b8be57ba616e_story.html

So if Congress doesn't just forgive the taxes from the deferred period (which would be defunding Social Security) then obviously the taxes would still be owed. If people forget this when filing themselves then under tax law the employers are liable for the deferred employee-share that never got withheld and wasn't paid by the employee. So if they (the employer) went and paid that share in 2021 then under the tax code it would count as employee income... upon which income and payroll taxes would apply (taxes on taxes!)

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xp1337: Don't you wish there was a spell-checker that told you when you a word out?