Trump’s Payroll Tax Deferral Could Be Campaign Trail Problem

Democrats see an opening to exploit in President Donald Trump’s high-stakes political gamble to defer payroll taxes for 2020.

Trump opted for the deferral, via executive order, after his push for a payroll tax holiday was met with little enthusiasm and his negotiators remained gridlocked with Democrats over another aid package. But Trump’s statements that he would forgive the deferred taxes, and possibly cut payroll taxes in the future, open him to attacks that he would cut a program that uses those taxes as a funding source: Social Security.

The deferral has proved unpopular among private companies, ...