Trump Claims He’ll “Terminate” Payroll Tax If Reelected

So this just happened:

Donald Trump has promised to scrap the payroll tax if he is reelected and said it could save families up to $5,000 a year. “We will be terminating the payroll tax after I hopefully get elected,” the president said on Wednesday.

However, Trump insisted: “We’re not going to touch Social Security.” Just days earlier, on Saturday, Trump ordered calls for a deferral of payroll tax and federal student loan payments and efforts to halt evictions.

Trump said the employee portion of the payroll tax would be deferred from August 1 through the end of the year. In essence, the deferral is an interest-free loan that would have to be repaid.