Whatcha going to do with the $1k Uncle Sam send you?

[yeahman]

Currently they are talking about $1,200 per adult and $500 per child. That would net us $3,400. Righteous bucks. Could use it right now.

But...I'll believe it when I see it.

[liv2ski]

Over $99K / year and you ain't getting diddly. Declining amounts start at 75K/yr. Roughly double the numbers for married folk filing jointly. I was going to donate mine to local doggie shelter but I'll just be doing that out of my own pocket.

If I get any money I have a few charities I will send it to. Gotta help the critters without Jer around to help them out

[TBS]

Currently they are talking about $1,200 per adult and $500 per child. That would net us $3,400. Righteous bucks. Could use it right now.

But...I'll believe it when I see it.

And with the 40% of people that support Trump returning their checks to the Treasury to demonstrate their repudiation of Socialism, the rest of us should get more, amirite?

[rideit]

I am going to invest in bootstraps, and sell them online. Gonna make a killing!

[miahw2828]

+1 to spend at local businesses.
get take out, put advance on next year's jitsu membership, buy gear for summer .. anything to help keep the local folk afloat.

I think that’s the approach , we’ve tried to think of economics relationships we already have and value that are being necessary to be put on hold and/or being willing to be open to alternative options (virtual taekwondo classes and math tutoring) to allow those relationships to continue instead of raising a stink because the value isn’t as high


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[up an down]

From a story on Slate.com..........Senate Republicans have now released their hotly anticipated proposal to send families direct cash payments, as part of a wider economic aid package aimed at combating the coronavirus crisis. And hoo boy is it disappointing.

Under the plan, the government would provide households an early tax rebate worth up to $1,200 for an individual or $2,400 for a married couple, with an extra $500 for each of their children. (So far, so good). The payments will be based on a household’s 2018 tax return, or if it didn’t submit one, their 2019 filing.

But the checks will shrink for both low and high earners. Americans with little to no tax liability (aka, poor folks) will only receive a minimum payment of $600, unless they earned less than $2,500, in which case they get zilch. Low-wage workers who don’t have a federal tax return for 2018 or 2019—adults generally aren’t required to file one they if earn less than the standard deduction—also won’t qualify for the early rebate. (They could still get it next year if they file taxes for 2020, but by that time it will be a bit late.) Meanwhile, the payments phase down for workers who make more than $75,000 and drop to zero for those making $99,000 and above (double those numbers for joint filers).

[Ted Striker]

payments phase down for workers who make more than $75,000 and drop to zero for those making $99,000 and above (double those numbers for joint filers).

Same thresholds as the last one in 09.

[cravenmorhead]

Americans with little to no tax liability (aka, poor folks) will only receive a minimum payment of $600, unless they earned less than $2,500, in which case they get zilch. Low-wage workers who don’t have a federal tax return for 2018 or 2019—adults generally aren’t required to file one they if earn less than the standard deduction—also won’t qualify for the early rebate.

American ingenuity for you. "We're putting together financial assistance for people to help them out during this lean time. How can we do that but still fuck poor people?"

[Ted Striker]

American ingenuity for you. "We're putting together financial assistance for people to help them out during this lean time. How can we do that but still fuck poor people?"

What's the annual income below which people are statistically unlikely to vote?

Ok. We'll make that the cutoff.

[MiddleOfNight]

I assume the cutoff/eligibility is all determined by tax filings?

[jackstraw]

The problem is 75k goes a long way in Iowa and it gets you some dog shit in likes of a NYC or SF.

[liv2ski]

The problem is 75k goes a long way in Iowa and it gets you some dog shit in likes of a NYC or SF.

What Dumptard cares about NYC or SF?

[4matic]

In 2009 the $1000 was distributed weekly based on research by Nobel Prize behavioral economist Richard Thaler in that larger sums were typically saved vs small amounts that would get spent transparently:


The centerpiece of the tax package provides credits of up to $500 for individuals and $1,000 for couples, in 2009 and 2010, hence the increase in take-home pay. Individuals making more than $75,000 and couples making more than $150,000 would receive reduced amounts. The Senate bill phases out the credit quicker for families with incomes over $150,00.

https://www.mercurynews.com/2009/02/...for-taxpayers/

Great interview with Richard Thaler if you like economics. Prescient to now:

https://www.bloomberg.com/news/video...d-thaler-video

[ticketchecker]

I’ll believe it when I see it. Trumpy101: announce popular program, fail, claim victory.

Anyone else seen this movie?

[3213256479+8]

[prsboogie]

I’m gonna pay my taxes.

This^^^

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[4matic]

Selfish boomers win again


That is why we are pushing to include in Congress’ next stimulus package a $200 increase in the monthly benefit for all Social Security, Veterans, and Supplemental Security Income (SSI) beneficiaries through the end of 2021. This will put about $4,000 in the pockets of seniors

[splat]

I’ll believe it when I see it. Trumpy101: announce popular program, fail, claim victory.

Anyone else seen this movie?

You got that right.

Selfish boomers win again


That is why we are pushing to include in Congress’ next stimulus package a $200 increase in the monthly benefit for all Social Security, Veterans, and Supplemental Security Income (SSI) beneficiaries through the end of 2021. This will put about $4,000 in the pockets of seniors

Who is this "we" you speak of? Got a mouse in your pocket?

I don't recall getting an extra $1K a week in 2009.

[wooley12]

Selfish boomers win again


That is why we are pushing to include in Congress’ next stimulus package a $200 increase in the monthly benefit for all Social Security, Veterans, and Supplemental Security Income (SSI) beneficiaries through the end of 2021. This will put about $4,000 in the pockets of seniors

Moar $$ that will be put directly into shoring up the consumer driven economy. Is that a good thing or a bad thing?

[Ted Striker]

Selfish boomers win again


That is why we are pushing to include in Congress’ next stimulus package a $200 increase in the monthly benefit for all Social Security, Veterans, and Supplemental Security Income (SSI) beneficiaries through the end of 2021. This will put about $4,000 in the pockets of seniors

And when the dust settles, those assholes will cut SS for everyone else.

[up an down]

And when the dust settles, those assholes will cut SS for everyone else.

Someone has to carry financial water for the oligarchy , and Republican ideology is too make sure that the 1% don't have to do it for themselves.

[Iowagriz]

When the govt money was paid out after 9/11, didn't we get taxed on it during the following tax season? I think so.

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[MakersTeleMark]

When the govt money was paid out after 9/11, didn't we get taxed on it during the following tax season? I think so.

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Yep.

[4matic]

You got that right.



Who is this "we" you speak of? Got a mouse in your pocket?

I don't recall getting an extra $1K a week in 2009.

Warren. It’s her idea

Like I said. The stimulus was done via tax credits so you wouldn’t save the money. And it was only $500 for a single. $20 a week for one year. Not sure how it worked for self employed.

[4matic]

Moar $$ that will be put directly into shoring up the consumer driven economy. Is that a good thing or a bad thing?

It’s good if you’re a selfish boomer