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So are these stimulus checks..

middle class is gonna get screwed on these checks again and will have to pay them back. The government has no idea what a high income person is. A couple in NYC that is filing joint making $151K a year is not middle class as these people should get the checks. It is expensive there, CA, CT and many other states. It does matter if a republican or democrat is in office, middle class gets screwed and we have to survive this stuff and get nothing from government. tighten up the belt boys before they bend you over.. Sorry for the political rant and I will ban myself for a few days.
It’ll be like winning the lottery for those in WV but a slap in the face to those in metro areas.
 
I’m single and make over the thresh hold for a person filing single and I’m fine with that. What they did do for people like myself who work through a union hall and have been laid off bc of the outbreak, is extend our unemployment benefits 13 weeks on top
Of the normal 26 weeks available to us yearly. Also they are allocating $600 additional a week for four months to compensate the eligible workers who are out of work. In NJ the weekly full rate of UI is $713. Basically I will get 2/3rds of my weekly take home until this is over. My medical insurance is also safe for 22 months from the last day I worked so I gladly won’t worry about the one time payment from the govt. I’m sure someone needs it more then I do and hope it helps someone and their family.
I'm in NJ & didnt get shut down but for 1 day .
 
I’m single and make over the thresh hold for a person filing single and I’m fine with that. What they did do for people like myself who work through a union hall and have been laid off bc of the outbreak, is extend our unemployment benefits 13 weeks on top
Of the normal 26 weeks available to us yearly. Also they are allocating $600 additional a week for four months to compensate the eligible workers who are out of work. In NJ the weekly full rate of UI is $713. Basically I will get 2/3rds of my weekly take home until this is over. My medical insurance is also safe for 22 months from the last day I worked so I gladly won’t worry about the one time payment from the govt. I’m sure someone needs it more then I do and hope it helps someone and their family.
I hope your insurance is good enough to limit the strain a hospital visit would incur with this virus.
 
More than 44% of Americans pay no federal income tax
By Quentin Fottrell
Published: Feb 26, 2019 5:45 am ET
The Tax Policy Center estimates how many people paid no federal individual income taxes in 2018
 
of course I can't go to the gym.. injured my ankle( my whole foot was purple even my toes).so my gait changed which hurt my fkn back..can't go to the hot tub at the gym so I ordered one of those inflatable hot tubs along with a gazebo. would have made the deck too crowded so fk it..the back yard it is.
 
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Back it up with data or it's another cancervative talking point
https://www.taxpolicycenter.org/mod...x-liability-september-2018/t18-0128-tax-units[/QUOTE]
I take that to mean that 44 % of Americans don't make enough money to pay taxes. I saw that 12.5 % of American families make below the poverty line of $ 24,500 so they do not pay but apparently there are many who still have enough deductions and credits to pay 0. I don't see anything wrong with being in that group.
 
I'll spend my check on fixing up my old car...Headliner...Tires & Rims...Whatever she needs...Nelly Belle needs lots of Stimulus cash to say the least...:frown:
 
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I hope your insurance is good enough to limit the strain a hospital visit would incur with this virus.
Phenomenal insurance, to the tune of $25k-$30k a year paid into the plan by the contractors I work for. And with 1000 local members plus hundreds of members from other parts of the the state and country working at any time, our health plan is very very strong. Let’s hope we all stay healthy and don’t have to use it.
 
What I saw this morning:
Anyone over 75k individual, 150k joint is expected to pay back over 3 years, 0 interest
$7,500 cap per family

I don't get this means testing bullshit but when you have a Congress loaded with people too afraid to spend or absolutely against any spending, this is the kind of stuff we get stuck with. Like I said before, I couldn't care less about this money and would rather funds cover people's ICU costs.
Isn't that what the 500 billion for hospitals is for? I don't know why everfybody assumes that there's not going to be some decent treatments forthcoming and the number of people in ventilators never reaches an extreme amount.
 
middle class is gonna get screwed on these checks again and will have to pay them back. The government has no idea what a high income person is. A couple in NYC that is filing joint making $151K a year is not middle class as these people should get the checks. It is expensive there, CA, CT and many other states. It does matter if a republican or democrat is in office, middle class gets screwed and we have to survive this stuff and get nothing from government. tighten up the belt boys before they bend you over.. Sorry for the political rant and I will ban myself for a few days.
People can relocate to an area that isn't as expensive but then the pay is lower.
 
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middle class is gonna get screwed on these checks again and will have to pay them back. The government has no idea what a high income person is. A couple in NYC that is filing joint making $151K a year is not middle class as these people should get the checks. It is expensive there, CA, CT and many other states. It does matter if a republican or democrat is in office, middle class gets screwed and we have to survive this stuff and get nothing from government. tighten up the belt boys before they bend you over.. Sorry for the political rant and I will ban myself for a few days.

For a couple it's $198k maximum income. It is not a loan, it is effectively a grant. I will get $1,200 which I will use to pay off two bills. That effectively gives me an increase in disposable income indefinitely. I will prudently spend half of my increased monthly net on women and booze, I'll probably just blow the other half.
 
90% of America is getting a somewhat free check (I’m sure it will get taxed). The republicans turned into socialists & Dems suddenly became fiscally conservative.

Well played Corona. Well played.
That is absolutely hilarious. You obviously don't understand the economy and what happens if the flow of money stops. What you really don't understand is what Nancy Pelosi tried to put in the Bill to save the economy. She want to spend Billions on her pet projects, Planned Parenthood, Kennedy Center, Public Democrat television. Millions for Illegals, Millions for a raise for the House of Delegates. Does that sound fiscally conservative?
 
More than 44% of Americans pay no federal income tax
By Quentin Fottrell
Published: Feb 26, 2019 5:45 am ET
The Tax Policy Center estimates how many people paid no federal individual income taxes in 2018

I feel like it all kind of equals out in the end.

They do pay social security taxes, medicare taxes, state taxes, etc. So implying the poor don't pay taxes on their earnings is misleading. They just don't pay one segment of taxes, which, to be fair, is the highest percentage of tax that needs to be paid.

On the other hand, they have to pay social security taxes on all of their income. Once you go over $137k in taxable income, you no longer pay SSI tax. That's a fact a lot of people don't realize as well.
 
For a couple it's $198k maximum income. It is not a loan, it is effectively a grant. I will get $1,200 which I will use to pay off two bills. That effectively gives me an increase in disposable income indefinitely. I will prudently spend half of my increased monthly net on women and booze, I'll probably just blow the other half.
PErG3Tv.jpg
 
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The Elf said:





More than 44% of Americans pay no federal income tax
By Quentin Fottrell
Published: Feb 26, 2019 5:45 am ET
The Tax Policy Center estimates how many people paid no federal individual income taxes in 2018

I feel like it all kind of equals out in the end.

They do pay social security taxes, medicare taxes, state taxes, etc. So implying the poor don't pay taxes on their earnings is misleading. They just don't pay one segment of taxes, which, to be fair, is the highest percentage of tax that needs to be paid.

On the other hand, they have to pay social security taxes on all of their income. Once you go over $137k in taxable income, you no longer pay SSI tax. That's a fact a lot of people don't realize as well.
[/quote]
Everybody should pay something. Even if it’s a dollar. Nobody should get a tax refund larger than the federal tax they paid in. That’s called welfare.
 
I feel like it all kind of equals out in the end.

They do pay social security taxes, medicare taxes, state taxes, etc. So implying the poor don't pay taxes on their earnings is misleading. They just don't pay one segment of taxes, which, to be fair, is the highest percentage of tax that needs to be paid.

On the other hand, they have to pay social security taxes on all of their income. Once you go over $137k in taxable income, you no longer pay SSI tax. That's a fact a lot of people don't realize as well.
Plus they get hit the hardest by sales tax, gas tax, sin tax, auto registration fees, utility deposits, etc.. SS cap needs lifted then SS will be funded forever.
 
Not sure if I’m going with the Mossberg 590M w/ heat shield 12 gauge tactical shotgun with 10 round clip or a CAP 5-100 pound sets of rubber hex head dumbbells.

One will be a few hundred back in my pocket and the other will be about a grand out of pocket. Since the virus both are actually in high demand.

Shotgun...keep forever. Prolly get barely used. ...but one time might really matter.

Weights just until gym opens but a couple years of gains feel like they’re going away by the day.

Both could be sold later with modest (50%) monetary loss.
 
More than 44% of Americans pay no federal income tax
By Quentin Fottrell
Published: Feb 26, 2019 5:45 am ET
The Tax Policy Center estimates how many people paid no federal individual income taxes in 2018
Digging into that of the 44% a chunk of that number(40%) are retiress who don't earn enough to pay income taxes so as usual the stats are used in a misleading way unless you don't care if those retirees have to choose between their prescriptions or eating cat food and just lump them into the "takers" category.
 
I won't qualify for much of anything, but does the $500 per child still apply, regardless of income?
 
going to be taxed?

Not taxed.
Not a good idea.

To me, we should have used the money going out to individuals to bolster unemployment income so if you do get laid off you get all of your income instead of just a small portion.

The loans to businesses and such... Fine with that.

I'd also given you a bigger tax deduction in 2021 for any medical expenses you had related to coronavirus.

Too late now though... We got what we got and the middle class will have to pay for it like always.
 
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Not taxed.
Not a good idea.

To me, we should have used the money going out to individuals to bolster unemployment income so if you do get laid off you get all of your income instead of just a small portion.

The loans to businesses and such... Fine with that.

I'd also given you a bigger tax deduction in 2021 for any medical expenses you had related to coronavirus.

Too late now though... We got what we got and the middle class will have to pay for it like always.

I didn't have a whole lot of problems with it. Something needs done or we will all be in bad shape in 6 months. I would have like to seen the payment start at 2000 then scale down to 1000 at the 100k mark. Basically give the lower incomes more, they are the people who are really hurting. For full disclosure, I will receive it but I am at the very top of the cutoff before it starts scaling down.
 
Not taxed.
Not a good idea.

To me, we should have used the money going out to individuals to bolster unemployment income so if you do get laid off you get all of your income instead of just a small portion.

The loans to businesses and such... Fine with that.

I'd also given you a bigger tax deduction in 2021 for any medical expenses you had related to coronavirus.

Too late now though... We got what we got and the middle class will have to pay for it like always.
The Senate also bolstered the weekly cap on unemployment insurance and did some other things on the business side that will help them keep people on payroll. The relief payments to individuals are just one part of the equation.
 
The bill that I read stated no American would pay out of pocket for care related to coronavirus, so I’m not sure where you all are getting that people will be stuck with huge medical bills from this.
 
The bill that I read stated no American would pay out of pocket for care related to coronavirus, so I’m not sure where you all are getting that people will be stuck with huge medical bills from this.

Not so much getting stuck with medical bills as much as we have to pay back 2000000000000

This isn't free money.
 
More than 44% of Americans pay no federal income tax
By Quentin Fottrell
Published: Feb 26, 2019 5:45 am ET
The Tax Policy Center estimates how many people paid no federal individual income taxes in 2018
There was also 60 large companies that paid no tax Amazon was one of them.
 
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