 We've previously talked about how as a form of economic relief to newly unemployed Americans Trump has repeatedly proposed Cutting the payroll tax. Now, you're probably thinking how would cutting the payroll tax in any way shape or form benefit newly Unemployed people who aren't on anyone's payroll And that's the exact question that you should be asking and the answer is because Donald Trump Doesn't really care about the payroll tax in particular. He knows that this isn't going to Help anyone economically, but he has an insidious agenda. He's covertly trying to undermine another program That's why he's taking aim at the payroll tax and he's trying to package it in, you know Relief language when this is gonna hurt Americans more than anything so he just signed an executive order that allows for a payroll tax holiday, but if he's reelected on November 3rd He is promising to Permanently cut the payroll tax If I'm victorious on November 3rd, I plan to forgive these taxes and make permanent cuts to the payroll tax I'm gonna make them all permanent Now if you don't know much about social security and how it's funded You may think that that statement from him is just like this benign innocuous comment That doesn't really amount to anything but make no mistake about it He wants to cut social security and that's why he said that because the way that we primarily fund social security and Medicare extremely popular programs is through a payroll tax So if you can cut the payroll tax then you undermine social security you undermine Medicare Now what Republicans oftentimes like to do is they like to Underfund government programs break them and then use them breaking said program as evidence that government-run programs don't work So they then apply a solution because big government bad and they suggest You know maybe a private company should come along and actually handle this program because they can do a better job than government It's a con. It's a lie They break the programs because they want their donors on Wall Street to be able to profit off of these programs that are currently Not profitable right Wall Street has been salivating over social security for decades now They've been trying to find a way to undermine social security But it's so popular that any politician who was attempted to undermine social security has failed miserably Bill Clinton tried it George W. Bush tried it Obama tried to cut social security But guess what each time this happens it fails because there is harsh pushback But Trump is not trying to tell you his real agenda He is trying to cut social security by going about it in this roundabout way But make no mistake about it. You cut the payroll tax you undermine social security Now if you think that Donald Trump, you know wouldn't Want to do something like this. He wouldn't go back on his 2015 promise to protect social security He already admitted this year that he is more than willing to look at entitlements entitlements ever be on your plane At some point they will be we have tremendous growth We're gonna have tremendous growth this next year I it'll be toward the end of the year the growth is gonna be incredible and at the right time We will take a look at that you know That's actually the easiest of all things if you look because it's that you're willing to do some of the things that you said You wouldn't do in the past though in terms of Look, we also have assets that we never gee. I wonder what he's talking about when he talks about entitlements. I Mean look, he's he's laying it out there So if you are an older Donald Trump supporter and you're the beneficiary of social security a program that you paid into your entire life The president is taking aim at this and he already by executive order assigned a tax holiday for the payroll tax and If he's elected he is promising to make that a permanent thing which means that social security Will possibly go bankrupt under Donald Trump now They like to already suggest like politicians not just Republicans but on both sides of the aisle not the both sides of this But there's this assumption that we have to do something about social security because it's gonna be insolvent if we don't take immediate action Except that's a lie. Any politician who says that to you is a liar Social security will remain solvent for decades to come and even after it's not fully solvent 100 percent currently Then it will remain solvent by 90 percent 85 percent and so on right So it's not like we have to do something But they want you to think that this program as it is needs some type of adjustment now by adjustment They often mean either cut at minimum or in worst case scenario privatize it entirely We all know that that's what they want, but you have to understand what they're doing here They're never just gonna say hey We want to cut or privatize social security because they know how unpopular that would be because people like social security But if you give them an inch They're gonna take a mile if you cut the payroll tax and you undermine the key funding mechanism for social security You end up undermining social security now for more of this We got a John Keely of common dreams who reports defenders of the program including the advocacy group social security works We're quick to point out the implication of what the president said and condemned Trump for threatening the program that has kept Countless millions of people out of poverty during retirement years or due to disability since it was created over 75 years ago We just heard it straight from Trump's own mouth the group responded if reelected He will destroy social security commonly known as the payroll tax Those are taxes paid both by employers and employees as dictated by the federal insurance Contributions Act that go to pay for both social security and Medicare Trump's executive order which seeks to defer social security contributions is bad enough said Nancy Altman President of Social Security works But his promise to terminate FICA contributions if he is reelected is a full-on declaration of war Against current and future social security beneficiaries Social security is the foundation of everyone's retirement security Altman added at a time when pensions are vanishing and 401k Have proven inadequate Trump's plan to eliminate Social Security's revenue stream would destroy the one source of retirement income that people can Count on moreover social security is often the only disability insurance and life insurance that working families have if Reelected Trump plans to destroy those benefits as well as the Trump administration has foreshadowed this kind of move for months Economists on Friday warned again that any effort to undermine the payroll tax would do practically nothing to help struggling workers and families But everything to sabotage two of the most popular and successful programs in the country now that last point to me is common sense I mean if your response to help unemployed people who are struggling during a pandemic is to cut the payroll tax Something is fishy there like the bullshit mechanism in your brain should be going off Like there should be red flags that you see almost visibly because that is not a normal response When you see people struggling and they need healthcare they need economic relief I mean you take action in the form of you know extending unemployment and he did Have some executive orders with regard to unemployment But I mean what you have to do is meet the specific needs that they have The payroll tax is not going to be on the minds of struggling Americans Like the only way you would think that this is going to benefit you if you're unemployed Is if you know when you go back to work you assume this will lead to you having more money and sure if you and your employer Pays less payroll taxes you'll have more money in your pocket theoretically speaking in the short term But long-term you're gonna be fucked over You're not gonna be able to retire if he does in fact do this Which is why you shouldn't just allow him to do this understand the covert agenda that he has here and Stop supporting him stop supporting people who are attacking the one thing that allows us to retire So I mean look I've been talking about this now for months and sounding the alarm About Donald Trump's agenda like he's very very clear about what he wants to do and You just have to read between the lines a little bit to see that this is about social security He wants to undermine social security Cut the payroll tax under fine social security then propose a solution to that a solution Either privatizing it, you know raising the retirement age cutting benefits Something but it's not gonna be good and it's gonna be something that proponents of Social Security Aren't gonna like so I mean when you see this you can't support him like the beneficiaries on Social security who support Donald Trump they have to know like you have to let them know about things like this They have to acknowledge that this isn't just something that could spell disaster for Social Security in the long term like you know The people who are like, you know, fuck you. I got mine. It's just the future generations. We're gonna pay for it No, I mean if he underfund Social Security, do you honestly think it's just gonna be future generations? No, there's gonna be adjustments to the cost of living raised every single year that Social Security Recipients receive and that's gonna amount to a cut. I mean you just have to understand This is Social Security. We're talking about it's been under attack by Wall Street for decades now They've been salivating over Social Security a private company would love to handle this Don't let them we saw what happened with 401ks. I mean the article alluded to it. They're insufficient They are insufficient. So do you honestly believe that a private company would be better off? Handling Social Security. I mean Republicans always want to prove that government doesn't work by breaking government-run programs But in this instance Social Security actually works Don't let them touch it and if he actually does go through with a permanent tax cut or payroll tax cut. I Mean there needs to be people Freaking out taking to the streets because it's unacceptable and you cannot let him get away with this Subscribe if you like this video fucks Mike's tremendous and he's doing a really really good job Many people are telling me about how wonderful the humanist report is Bigly