Smellytele
Well-known member
The people who actually go to those places are questionable at best also.
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The people who actually go to those places are questionable at best also.
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Just watched the 1st episode last night. Those people are fuck’d up.
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Not sure what 1200 bucks is going to do for people but I guess its better than nothing.
You'll get $2,400 since you're married.
Phases out for married people at $198,000 AGI. Probably should be even lower. I'm not sure what good it does the country if a significant portion of recipients are just putting it into the stock market instead of buying essentials and paying rent or whatever it's intended for.
AgreedPhases out for married people at $198,000 AGI. Probably should be even lower. I'm not sure what good it does the country if a significant portion of recipients are just putting it into the stock market instead of buying essentials and paying rent or whatever it's intended for.
False, although sort of true.
It is my understanding that the semantics of this are it is considered a tax credit, but it's a new one for 2020. So it's kind of semantics because if COVID19 didnt happen there would be no new $1,200 payment, which is a long-winded way of saying people shouldnt be angry thinking they're getting future-hosed somehow. I imagine there's gotta' be at least 1 tax accountant on AZ to confirm, but I'm pretty sure I have that right. The part I completely dont get is they extended the deadline to July 15, so for those people who havent filed yet (or wont file for a few months) how the heck are they judging their income breakdowns? I guess they could go with 2018 income and "clean it up" later, but that's just a guess. What a mess.
Agreed
It should be lower, but more importantly it should be cost of living indexed. $1200 goes a lot further for someone up in Caribou, Maine than it does in Boston.
I've heard they are using 2018 returns. Since my middle son was still my dependent in 2018 that means I'll be getting $3,400. Frankly for me it's unnecessary but I don't mind. It will pay for my season passes next year and most of my other 20-21 skiing expenses as well.
I thought I saw it was dependents 16 and under. Why 16 and not 18? Not sure
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Agreed
It should be lower, but more importantly it should be cost of living indexed. $1200 goes a lot further for someone up in Caribou, Maine than it does in Boston.
Fair point, but there are places in the country where that $2900 you will be getting will cover six months rent and others where it might cover one month.Good luck getting that passed.
You'd have both Democrats & Republicans fighting against both Democrats & Republicans.
Fair point, but there are places in the country where that $2900 you will be getting will cover six months rent and others where it might cover one month.
And truthfully, I'm not sure I necessarily think that people who have not lost their jobs and income should really be getting the same benefit as those who have become unemployed. How do you measure how much gets injected back into the economy vs being invested or saved?
Hopefully people who do get a check and don't really "need" the money are looking to up their charitable givings. That's what I'd do. Food pantries and such are getting hammered right now.
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