Armed Polite Society
Main Forums => The Roundtable => Topic started by: K Frame on March 26, 2020, 05:19:31 PM
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Washington Post has an online calculator here:
https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/?itid=hp_rhp-top-table-main_more-coverage-virus%3Ahomepage%2Fstory-ans
Be sure to use your adjusted gross income.
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Zero. As it should be.
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It's obvious our financial system is a joke.
Why bother taxing anyone if the government can just spend at will?
Call a debt jubilee and start over.
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If I were still working it would have been zero. Now I qualify for the whole amount. I'll consider it a partial refund for getting taxed up the ass for the last 40+ years and pulling at least a couple of deadbeats in my cart that whole time, and I'll buy a couple of guns with it.
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Not that I need it, but since I get a monthly fed.gov annuity, I'm curious if I'll qualify.
What the hell, mint a couple of $2T coins and it'll all be good.
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0 for me, 0 for my wife, 0 for my kids. And that is fine with me.
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So this thing is based on your 2019 AGI? One of my "deployed in a Combat Zone Tax Exclusion Area" years? >:D
heh. looks like I get free *expletive deleted*it. I guess I gotta vote for AOC now.
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Definitely $0, I'll be surprised if it isn't actually a negative number.
WTF is up with married people getting twice the income for the "stimulus"? Kids, ok, I kind of get that, but just because someone is married? Being single except maybe for some small amount of additional electric, food, and maybe car payment I have have the exact same bills as a married couple assuming the standard car payment, mortgage or rent, phone, electric etc. Most of that stuff does not double with two people. Not that I think I should really be getting money anyway, I'm still working. That is wrong though.
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Definitely $0, I'll be surprised if it isn't actually a negative number.
WTF is up with married people getting twice the income for the "stimulus"? Kids, ok, I kind of get that, but just because someone is married? Being single except maybe for some small amount of additional electric, food, and maybe car payment I have have the exact same bills as a married couple assuming the standard car payment, mortgage or rent, phone, electric etc. Most of that stuff does not double with two people. Not that I think I should really be getting money anyway, I'm still working. That is wrong though.
Unless it changes, it is $1200 per person, so a married couple would only get $2400. Kids are $500 each up to 2 kids. So a nuclear family at most would get $3400. A single parent at most would get $2200.
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Zero.
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Unless it changes, it is $1200 per person, so a married couple would only get $2400. Kids are $500 each up to 2 kids. So a nuclear family at most would get $3400. A single parent at most would get $2200.
If it were per tax payer that would be fine, but it's not. A married couple with only one income still gets to have double the income and still get the full amount. And if it is per person then the income should not matter married or not. My point is an individual will have more or less the same expenditures as a married couple not including kids, if the idea is to help people pay bills, then it shouldn't be different if married or not. Most times rent/food/electric/heat/phone/etc. won't vary much for two people vs. one.
It really doesn't matter, since I'll be lucky if I don't get a bill vs a payment and am still employed. I just don't quite understand the logic, but I guess logic and government action mostly don't go well together anyway.
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Eventually it will be a negative number for the average citizen, because TAXES!!! :lol:
Everything spent today will be sucked out of your pocket tomorrow, with interest :cool:
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If it were per tax payer that would be fine, but it's not. A married couple with only one income still gets to have double the income and still get the full amount. And if it is per person then the income should not matter married or not. My point is an individual will have more or less the same expenditures as a married couple not including kids, if the idea is to help people pay bills, then it shouldn't be different if married or not. Most times rent/food/electric/heat/phone/etc. won't vary much for two people vs. one.
It really doesn't matter, since I'll be lucky if I don't get a bill vs a payment and am still employed. I just don't quite understand the logic, but I guess logic and government action mostly don't go well together anyway.
Even a single person who doesn't pay taxes due to no/not enough income is going to get a check if they filed. You have to file to get the earned income credit. So your point is moot.
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$4400. It's not limited to 2 kids from what I saw.
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Looks like we'll be getting $4400, but like everyone else, I'm sure I'll lose more than that to inflation and taxes down the road. :P
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Looks like we'll be getting $4400, but like everyone else, I'm sure I'll lose more than that to inflation and taxes down the road. :P
Hedge with buying gold with it :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:
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Looks like we'll get the $2400 for a married couple.
It will be promptly passed on to pay medical bills debt.
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President Trump signed the $2.2 trillion coronavirus stimulus package on Friday after the House of Representatives passed the unprecedented legislation. It will provide relief for American workers and businesses left reeling from the tandem health and economic crises.
https://www.foxbusiness.com/money/house-passes-2t-coronavirus-relief-package-sends-to-trump
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Looks like we'll get the $2400 for a married couple.
It will be promptly passed on to pay medical bills debt.
My $1200 will be paying off medical bills also.
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You better just sock it away for the inflation that come about soon. Think about cars. They ain't building them. So once the stock begins to get lower at the dealers, there will be a bidding war for cars. Prices will escalate.
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I believe I am above the threshold to get any money. But at least I am still working. Maybe I will stop dragging my feet and try to sell some guns.
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You better just sock it away for the inflation that come about soon. Think about cars. They ain't building them. So once the stock begins to get lower at the dealers, there will be a bidding war for cars. Prices will escalate.
I was planning on selling two of mine and picking up a new to me Hellcat this spring. Might be a bit tougher than I had planned. Though, I did talk to a friend today who makes his living picking cars up at dealerships and taking them to auction. He said he was the only truck delivering today; but the auction lot was overflowing.
Lease returns just sitting until this blows over. I'm thinking new cars might be a little less negotiable than normal; but there will probably be a ton of 2-3 year old cars with low miles that they'll be anxious to get rid of.
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https://brrr.money/
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Thanks to all those getting zero for helping fund my free government money! >:D
Seriously, plenty of opportunity to discuss the inflationary ramifications of this spending bill, and how we're ALL going to pay for it later on.
You really see the disparity between "real" Republicans and the AOC wing of the Socialist Communist Democratic party. AOC is upset that illegal aliens won't be getting government checks, and at least one GOP lawmaker is introducing legislation to prevent US companies with significant or controlling interest by Chicom companies from getting any Federal Chinese corona virus bennies. (The cynic in me wonders whether he's serious or is only doing it to posture for voters.)
Were I still working, I'd be getting zero from this stimulus . . . having been forced into early retirement a while back, I figure I'll still get significantly less than the oft-mentioned $1200.
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Posted something about the stimulus on my facebook page. One of my friends, the older sister of a college friend, lit into me about "are you going to take the payment? If you do, that means you're a fan of socialism!"
She despises Trump and is somewhere in the middle when it comes to supporting the free *expletive deleted*it party...
Funny how she didn't have anything to say in return that I pointed out that "Given what I paid in taxes last year, it's not socialism for the government to return to me a small portion of what never should have been taken from me in the first place."
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I make under the threshold and, to the best of my knowledge, have never replicated. So the government will be kindly increasing my refund at the base 1200 for me.
Sent from my Pixel XL using Tapatalk
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The size of our welfare state will be of a magnitude larger after this event.
The entire service/retail sector is demolished. Unskilled labor market, demolished.
They're all going to be going on unemployment and eventually welfare.
We all know which party is the party of the welfare state.
The Republicans will now embrace the welfare state and out Dem the Dems.
No vote, not a shot fired and the transition to Democratic Socialism is complete.
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Makes me wonder where the big money is going. If you figure an average of $1000 per US citizen, multiply by the population, and it comes to "only" 300B. That leaves 1.7 Trillion. How is that apportioned?
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The ONLY people who "make out", in the short term, are those living on the government dole and/or Social Security/Military Disability, the rest of the country will have to pay for that "stimulus/handout/relief" with their taxes. Eventually, the rest will pay through inflation and benefit reductions. :old:
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HR sent us an email this week about sick leave provisions in the bill. Apparently companies are obligated to provide 2 weeks of additional paid sick leave, above and beyond whatever amount of sick leave they previously offered. It's only applying to employees who actually catch the virus or maybe who have to care for somebody in their family who did (I can't remember).
I wonder how they prove the person had coronavirus, consideration the testing situation ("I feel a tickle in my throat...).
Also, some people I know already were granted extra sick leave by their companies before this. I wonder if those companies have to still give them more.
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misposted
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My company actually appears to be decent about it -
160 hours paid time off for the listed reasons-
Sick/Symptomatic (CDC Description - https://www.cdc.gov/coronavirus/2019-ncov/about/steps-when-sick.html)
Higher Risk – Defined as 65+ years, Heart Disease, Lung Disease, Cancer, Diabetes, Liver Disease, Renal Failure or Severe Obesity (BMI > 40) AND unable to telecommute/work from home.
Primary Caregiver for immediate family members (spouse, child, parent, grandparent) diagnosed with COVID-19 who is unable to provide self-care.
I've been off on short term disability since January 20th. I expect to return to work on the 14th of April. Since I qualify under the "Higher Risk" category I should be eligible for the time off and will likely take it.