I won't try to summarize any particular plot, since some may view that as a type of validation. Simply put, there is nothing redeeming about this atrocity. Even the laugh track doesn't find this show funny.
TBS advertises the Paynes as "the Huxtables meets the Bunkers." They are neither. They are neither funny nor socially relevant. If I were Bill Cosby, I'd sue TBS for defamation.
Memo to TBS:
(1) Cancel this show IMMEDIATELY; (2) Fire the executive that green-lighted this debacle and ensure that he or she never works in entertainment again; and (3) Destroy all evidence, scripts, recordings, etc. proving that this show existed.