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‘This is going to be a nightmare’: WaPo business columnist says Trump’s executive orders will be disasters

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Washington Post columnist Catherine Rampell on MSNBC (screen capture)

Washington Post economics columnist Catherine Rampell on Monday said that President Donald Trump’s executive orders intended to provide economic relief to Americans during the COVID-19 pandemic have the potential to make things much worse.

In particular, Rampell argued that the president’s order to temporarily suspend payroll taxes with no guarantee of permanent relief will be a massive headache for businesses to navigate.

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“This is going to be a nightmare,” she said. “Remember, this is a payroll tax deferral, not a tax cut. That means that these taxes will ultimately need to be paid after 2020. And the real question is, who’s left holding the bag?”

She said that it would be particularly difficult for businesses to decide whether they should withhold taxes from employee paychecks, as there’s no guarantee that Congress will pass legislation forgiving them from having to pay back taxes when the payroll tax holiday ends.

“The alternatives are, employees will have to pay these tax bills that they were not anticipating some time next year when we may well still be in the middle of some kind of economic recession,” she said. “This is money they haven’t budgeted for or has been withheld from their paychecks. But most likely, based on the tax attorneys that I’ve consulted, what will happen is employers, their bosses will have to make good on those taxes.”

Watch the video below.


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2020 Election

Chris Wallace blames Trump for ‘awful’ debate: ‘He bears the primary responsibility for what happened’

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Fox News host Chris Wallace on Thursday blamed President Donald Trump for what he admitted was an "awful" debate.

In his first TV appearance following Tuesday night's debate, Wallace noted that Trump had interrupted either Democrat Joe Biden or himself 145 times.

"He bears the primary responsibility for what happened on Tuesday," Wallace said. "At a certain point, 45 minutes in, I called a halt to the debate for a moment and said this really isn't serving America and please stop the interruptions."

Wallace complained that his team had spent "hundreds" of hours preparing for the debate only to have it spoiled by the president.

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2020 Election

Trump’s plot to steal the election can be defeated — here’s how

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During Tuesday night's debate, Donald Trump, who has gone pure fascist, once again escalated his efforts to scare people out of voting. He encouraged his followers to engage in voter intimidation under the guise of "poll watching," and told armed hate groups to "stand by." Trump also floated a number of baseless conspiracy theories about "voter fraud" that are clearly designed to discourage voting and rationalize legal efforts to stop votes from being counted.

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KKK-linked flyers asking people to ‘vote pro-white’ appear on doorsteps in Pennsylvania

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Pennsylvania police are investigating flyers that were distributed asking people to "vote pro-white" in the upcoming election, KDKA reports.

The flyers that began showing up in Greene County were reportedly linked to the Ku Klux Klan. The flyer asks people to "Kontact the experts," the Loyal White Knights, which is a KKK-affiliated group based in Pelham, North Carolina.

"Every officer here was offended and extremely motivated to find the individual passing out this information," Capt. William DeForte said.

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