Payroll tax cut would destroy Social Security and Medicare

Published August 20, 2019 6:45pm ET



If President Trump actually proposes to cut the payroll tax in order to ward off a recession, Congress ought to ignore the scheme without a second thought.

Several news organizations reported Monday evening that Trump administration officials are considering cutting those taxes in order to stimulate the economy — yes, the same economy that Trump keeps bragging is already supposedly the strongest in history. At least one White House official later denied the plan is under active consideration. Let’s hope he’s right. The idea is a stinker.

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