Who said it is free?This free money is nuts
Not to be political, but just stating the obvious. Our children and grandchildren are going to be paying these stimulus payments off for a very long time.
Who said it is free?This free money is nuts
Wow! So we increased the national debt by about 6.5% in one single event.In case any of you believe that and if you LOVE huge numbers check out this;
? You still get your personal exemption in 2022 when you do this years taxes. This is not an early payment. I wonder where you learned all this. Mine is coming on the 17th.First of all, it's not really free. Just like last year, it is an early payment that you would have gotten anyway as your personal exemption on this years taxes.
Second of all, nothing the gov't does is free.
If you don't file taxes, you aren't getting a stimulus payment.Oh it is free. I don't file so 100% free money for me.
I don't know what to do with it. Maybe buy ammo.
Wasn’t it going to be after $400k? That’s net income, not gross. You could make a lot more than 400 and not be getting a tax hike. If you make 400k net no you don’t need $1400.My recap/forecast
1) $0
2) $0
3) $0
4) taxes go up
after replacing the gold standard in the 70s with fiat money these numbers are skewed and meaninglessIn case any of you believe that and if you LOVE huge numbers check out this;
seems like crime pays, the idiot is sending convicts and illegal immigrants $2000 checks cause they weren't eligible for the first $600 and to be fair to people who break the law must get some money, basically its bribery for getting a vote from them for more free money later
What's interesting is people who don't seem to like the stimulus are still accepting the money, and all the incorrect statements about where the money goes.Slightly off topic but it's interesting how some will declare how they make less than 75k if they're single or 150k if they're married by saying that they're getting the stimulus. And of course those who say they won't be getting it are making more.
Yes, someone else was complaining a while ago in a different thread about how most of it was going to government. Aside from the $360 billion to state and local governments which represents almost 19%, I'd hardly call that a majority. Although there's a good chunk that goes toward education in reopening schools but I don't think that really qualifies as government. The biggest chunk, $410 billion is the stimulus which is 21.5% of the bill although unemployment isn't too far behind at $246 billion or about 13%.What's interesting is people who don't seem to like the stimulus are still accepting the money, and all the incorrect statements about where the money goes.
Bottom line for me is I hope it helps the people and companies who are hurting. Almost $30B is going to restaurants, which have been decimated.
Let's get back to work!
Yes, they are going hungry but atleast they have their expensive phones. Bring back the Gov't cheese for those who need it.How old are you ?
Off Topic:
LOTS of hungry folks in the USA need this $1400 to feed their kids.
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Your last statement would have been cheaper …What's interesting is people who don't seem to like the stimulus are still accepting the money, and all the incorrect statements about where the money goes.
Bottom line for me is I hope it helps the people and companies who are hurting. Almost $30B is going to restaurants, which have been decimated.
Let's get back to work!
I know for a FACT that hunger is not a problem in any sense of the word in the region of the USA I live in. There is an easy over abundance of food. Distribution is not paid and hyped, but a question or two and the channel is open. So much food, and not enough people to give it to. Anyone saying otherwise is either ignorant, trying some angle for political gains, or trying to score internet points.Off Topic:
LOTS of hungry folks in the USA need this $1400 to feed their kids.
.
That is a completely inaccurate statement. It is not an early payment. Personal exemptions go into the tax calculation for individuals, they are not payments.First of all, it's not really free. Just like last year, it is an early payment that you would have gotten anyway as your personal exemption on this years taxes.
Second of all, nothing the gov't does is free.