Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Trump Appointees Asked To Immediately Pay Deferred Payroll Taxes


Trump Appointees have been left Furious after being asked to, immediately Pay Thousands of Dollars in Deferred Payroll Taxes, which they thought would be Forgiven.

Trump Deferred some Payroll Tax, in August 2020, Sidestepping Congress in an Emergency Declaration.

Some staffers have reportedly seen their Tax Bills Spike as they're being asked, by getting letters, to Pay their Deferred Payroll Taxes, like Social Security Taxes, with at least One Bill reaching $1,500.

"If the indebtedness is not paid in full within 30 calendar days, we intend to forward this debt to the Department of Treasury, Treasury Offset Program, for further collection," said a letter sent May 18th, 2021, by an Accounting Officer from the Office of Administration.

Trump set the Policy in a Memo to then Treasury Secretary, Steven Mnuchin, directing Mnuchin to Defer some Payroll Taxes to "put money directly in the pockets of American workers" who needed it most.

Trump sidestepped Congress to make the Change because the Pandemic was "of sufficient severity and magnitude to warrant an emergency declaration."

As many as 1.3 Million Federal Workers may have had some of their Payroll Taxes Deferred under the Measure. Under the Plan, Earners paid Less than $4,000 every Two weeks, wouldn't have to Pay the 6.2% Tax out of their Paychecks from September through the End of the year.

Now, the Government's looking for those Deferred Taxes.

The report quoted several Former Administration Staffers who called the Bills "unacceptable." One said: "It's just a very unfortunate situation."

The letter included a "Voluntary Repayment Agreement" as an Attachment, with an Option to Pay via Credit or Debit Card.

One Anonymous Trump Appointee said that the Trumpf had a "Good Plan," but, "I just wish I had the option to opt-out."










NYC Wins When Everyone Can Vote! Michael H. Drucker


    
 
 


This post first appeared on The Independent View, please read the originial post: here

Share the post

Trump Appointees Asked To Immediately Pay Deferred Payroll Taxes

×

Subscribe to The Independent View

Get updates delivered right to your inbox!

Thank you for your subscription

×