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

Posted on 3/30/20 at 12:04 am to
Posted by BlueDogTiger
Member since Jan 2014
1316 posts
Posted on 3/30/20 at 12:04 am to
So, if someone making $400,000 salary gets no federal taxes withheld,, and that person would not get a check, You think they may spend a little of the 35% withheld next couple months? I think so.
Posted by Powerman
Member since Jan 2004
162264 posts
Posted on 3/30/20 at 12:10 am to
quote:

So, if someone making $400,000 salary gets no federal taxes withheld,, and that person would not get a check, You think they may spend a little of the 35% withheld next couple months? I think so.

On what exactly? The business that are closed will still be closed. This doesn't help them at all. This is a poorly thought out idea of yours
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