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Started By
Message
re: “I’ll probably put my $1200 stimulus check in saving”
Posted on 4/14/20 at 12:39 am to Golfer
Posted on 4/14/20 at 12:39 am to Golfer
quote:
If your family paid $56,000 in federal income taxes in 2019 that puts you in the top 4% in the US with a HHI of ~$250-300k You aren't middle class, beb. You might feel like it, but you aren't.
I can assure we don’t live extravagant lifestyles. I would def consider us middle class working class people. We are both educated. I have a bachelors. Wife has a masters and working on another advanced degree but we aren’t upper class that’s for damn sure.
ETA: My point is that there are so many of us that pay the bills for the country while others sit back and collect. I have not lost my job nor has my wife, but I have a lot of friends that were in same boat as me a couple months ago that don’t know what they are going to do to make ends meet. They made a good salary last year so they won’t get a stimulus.
This post was edited on 4/14/20 at 12:46 am
Posted on 4/14/20 at 12:45 am to LSUGBFTL
quote:
working class people
You pay more in taxes than the working class people gross in a year.
I can’t tell if this is a troll or not. He's laying it on kinda thick but I've known plenty of people that claim to be middle class despite making several times the median income for their area.
Posted on 4/14/20 at 12:46 am to LSUGBFTL
quote:
I can assure we don’t live extravagant lifestyles. I would def consider us middle class working class people. We are both educated. I have a bachelors. Wife has a masters and working on another advanced degree but we aren’t upper class that’s for damn sure.
I'm not knocking your lifestyle or your choices in career. I'm pointing out that nothing you've posted above means you're middle class.
Your household income is over 4x the median HHI of the US. By definition, you aren't middle class.
quote:
They made a good salary last year so they won’t get a stimulus.
They'll get it as a credit on their 2020 return. These stimulus checks are just an advance on one's 2020 return.
quote:
ETA: My point is that there are so many of us that pay the bills for the country while others sit back and collect.
You had to file a 1040 in 2018 or 2019 to receive a check. And FWIW, I think anyone that filed in 2018 or 2019 should get the check. They'll spend it, save/invest it, or give it to someone that needs it. All of which are the intended purpose of the stimulus.
This post was edited on 4/14/20 at 12:51 am
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