Progressive advocacy group raises alarm about Trump’s remarks on payroll tax holiday

If Trump and Republicans retain power after November’s elections, they will make sure that corporations never repay Social Security,” Michael Phelan, deputy director of Social Security Works, said last month. “Then, Republicans will use the reduced trust fund as an excuse to destroy our Social Security system.”

The Washington Post reported Sunday that the Trump White House is considering proposing a payroll tax cut—as well as a capital gains tax cut—as part of an additional coronavirus stimulus package.

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