I understand the general concept of why the September payroll deferment is an option thing for businesses. My employer chose to continue taking out my payroll tax instead of temporarily halting the withholding.
If the deferred payments are waivered by which ever Congress is in place come January, what happens to that money. Does the Government keep it? I ask because I suspect my employer will try to find someway to keep them money itself. I'm fairly certain that my employer is deferring their half of the payroll tax, just not the employee half.
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