Illinois State Comptroller Susana Mendoza says this state—and many others—won’t pursue President Trump’s offer to boost worker pay checks for the rest of the year.
Trump signed a voluntary executive order that allows state governments and businesses to defer Social Security taxes through December.
The catch is the money would have to be paid back next year.
Trump has promised to forgive those tax payments if re-elected, but there are problems with that, Mendoza said. The health of the retirement system would be in jeopardy, and Congress would not authorize such a move.
She calls Trump’s offer a “cruel hoax.”
Mendoza says some 27 states, including Republican-run ones, are refusing to defer those tax payments.