Started By
Message
locked post

Could have just eliminated all Federal Income Taxes for the year instead of the “stimulus”

Posted on 3/29/20 at 11:35 pm
Posted by BlueDogTiger
Member since Jan 2014
1316 posts
Posted on 3/29/20 at 11:35 pm
LINK to article about $3.3 Trillion in Income Tax Receipts

Just a waste of effort. All these loans and programs will still be in rule making when this virus flushes out. $2 Trillion of lobbyist wishlist. Just suspend withholdings and payments until Year end. Boom
Posted by funnystuff
Member since Nov 2012
8358 posts
Posted on 3/29/20 at 11:37 pm to
How does that help the 3 million people who filed for unemployment last week?
Posted by arcalades
USA
Member since Feb 2014
19276 posts
Posted on 3/29/20 at 11:40 pm to
would we be refiling our taxes under that scenario?
Posted by Tiger Prawn
Member since Dec 2016
21990 posts
Posted on 3/29/20 at 11:43 pm to
If people lose their jobs for half a year, they’d probably have very little (if any) federal income taxes owed anyway
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 3/29/20 at 11:53 pm to
You can only do that once.

You can stimulate over and over and over.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 3/30/20 at 12:01 am to
If they’re equal monetarily the stimulus check is better.
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 3/30/20 at 12:01 am to
quote:

Could have just eliminated all Federal Income Taxes for the year instead of the “stimulus”




The folks they are trying to funnel money to mostly dont pay income tax and most taxpayers will not be recieving a stimulus.

IMHO they did this way too early, passing out checks 10 days into a multi week/month ordeal is beyond stupid, when folks really get in a bind there will be no ammo left to fire.
Posted by YF12
Ottobaan
Member since Nov 2019
4451 posts
Posted on 3/30/20 at 12:02 am to
Those who contribute the most are rewarded the most

Its logical if you are a naturalist I do suppose
Posted by Taxing Authority
Houston
Member since Feb 2010
57412 posts
Posted on 3/30/20 at 1:18 am to
Can’t find kennedy center and NPR with tax cuts.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram