Not to mention a fair portion of the country uses tax services like Turbo Tax and H&R Block and file on line.
I haven’t gone to a tax accountant since the 90s and have always filed well before 15 April.
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That poor bastard will be on the receiving end of some blistering tweets before sunset today.
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Yes I was expecting them to postpone FOREVER any filings by anyone making more than 2 mil per year, who have given generously to a certain campaign.
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No problem
What’s not included, she said, is Trump’s proposal for a payroll tax cut.
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Yet again, the White House announces they are thinking about doing something.
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He certainly is stable in his instability.
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Tell me, I’m a co-executor. 
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As is being pointed out, a payroll tax cut doesn’t do diddly for people who have been laid off or furloughed due to the outbreak, or for people who don’t work but are susceptible, namely the aged. They should instead be thinking about stimulus checks to be clawed back in future tax years, as was done in 2008, sales tax suspension, etc. The problem there is that most spending is still done in-person, and you really don’t want people going to stores and eateries in any numbers. Amazon and other major online retailers are going to be huge beneficiaries of all this.
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In the long run we’re all dead.
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O/t but some good news
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I am pretty sure if Trump announced to all his supporters that they won’t be getting Social Security and Medicare for the remainder of the year, he would lose all 50 states.
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The supporters won’t make the connection. All they know is that someone they feel is not worthy or eligible to legally receive benefits is getting them to the exclusion of themselves. They won’t care about this until a GOP House says ‘game over’.
By then, it’ll be too late.
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The problem will be when the Dems and the media try to explain their no votes.
Coz, cutting the payroll tax for SS and MC is just defunding the programs, which will cause them to go bankrupt sooner than we can afford. If they want to cut the payroll taxes, fine, then the government should make up the money themselves, by taking funds from the military.
I was reading my AARP newsletter last night, discussing the SS funding problem, “some critics said that raising the eligible income level to, say, $250,000, puts more of the burden on the wealthy.”
Like that’s a bad thing? A problem? Jeebus, tax the rich till they cry and leave. Works for me.
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now he can stop faking his various illnesses and ailments.
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Expert on the politics of Social Security are you?
Not like bush’s $300 dollar advance. That was pure gop policy. Nothin for nothin.
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Yes, I know. I’m a sole executor. That is why I’m grimacing and weary, and you are smiling. You have someone to share the duties with. Grief is a strange thing, isn’t it? I tend to gallows humor.
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I’m one of those.
I have shared my scenario here before, but the Reader’s Digest version is, I’m a contract consultant. There are years where I have multiple projects with multiple payroll employers. When I change gigs, regardless of where I am in the calendar year, my FICA clock is re-set to zero and I start contributing all over again, even if I’ve met the cap for the year.
When I file my income taxes for that year, I get a reimbursement of any excess to the maximum payment as a part of my income tax refund.
The reason this will be beneficial to corporations is the money they pay into the fund for their executives will now go to the bottom line and to the stockholders. It’s going into someone’s pockets, but not into the workers’ who will eventually discover that they don’t have any retirement funds.
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This is just a little silly. An automatic extension is available to any individual or business who can’t file by April 15. You can request the extension on line. .
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I pay into it just like everyone else.
I also listen to the complaints from the minions about how everyone is collecting fraudulently and gypping the system. People (not like them) are getting money illegitimately and bankrupting the system, so they say.
And now, without funding, the whole problem goes away. It’s not the politics of Social Security - it’s the conventional wisdom being perpetuated by the GOP.
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