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Started By
Message
re: “I’ll probably put my $1200 stimulus check in saving”
Posted on 4/13/20 at 7:26 pm to GreatLakesTiger24
Posted on 4/13/20 at 7:26 pm to GreatLakesTiger24
A couple of kids might drop them down a few k. They are still probably paying 11-12k in taxes. 1k per month isn't exactly pocket change for most people.
0
Posted on 4/13/20 at 7:27 pm to Winston Cup
OT poor. Mine will go to recoup tree removal expenses
Posted on 4/13/20 at 7:27 pm to fallguy_1978
quote:Which is the exact opposite of what they should be doing.
They kind of stick it to you when you are single and make decent money.
Posted on 4/13/20 at 7:28 pm to OsTiger78
quote:
I have a family of four and make about 105,000 per year. I’ve been paying taxes for about 25 years. I was put on furlough on March 17th. Does someone like me deserve a frickin stimulus ???????
sorry about getting laid off, but the good news is that you will make less than 100K this year and will qualify for the stimulus check.
Posted on 4/13/20 at 7:28 pm to yellowfin
quote:
Message
“I’ll probably put my $1200 stimulus check in saving” by yellowfin
If you’re getting a stimulus, you probably don’t pay much in taxes
We paid 15000 in taxes last year, owing 1500 when we filed. Getting 3400, eventually.
Posted on 4/13/20 at 7:32 pm to FightingTigers138
quote:
So, if these people need the money now, do they not have debit cards? I don't get it.
even the weed dispensaries in Colorado can't take debit cards
Posted on 4/13/20 at 7:34 pm to Winston Cup
These go for about $1200 if anyone wants those solid low mids.
Posted on 4/13/20 at 7:36 pm to Winston Cup
Come on man you know 99.99999% of the posters on the OT are way way over the income requirement to receive a stimulus check. This board is the greatest collection of wealth, GQ looks, and athleticism the internet has ever seen.
Posted on 4/13/20 at 7:42 pm to GreatLakesTiger24
quote:
with a couple kids... not really
If someone is making $130k pretax and puts 5% into 401k and has about $300/mo in health insurance premiums. They’ll pay about $10,500 in federal income taxes after the $4,000 child tax credit.
That’s about 10% of their take home.
And yeah. $10.5k isn’t a lot. But neither is the guy paying $45k when compared to what Mark Cuban pays in Income taxes.
Posted on 4/13/20 at 7:42 pm to TigerintheNO
quote:
ven the weed dispensaries in Colorado can't take debit cards
But they aren't really all going to buy drugs, so my question is valid.
Posted on 4/13/20 at 7:42 pm to yellowfin
quote:
If you’re getting a stimulus, you probably don’t pay much in taxes
ya people making $75k annually don't pay shite in taxes - worthless bums.
Lets not forget to consider what a 1099 independent contractor is paying.
This post was edited on 4/13/20 at 7:44 pm
Posted on 4/13/20 at 7:44 pm to OsTiger78
quote:
I have a family of four and make about 105,000 per year. I’ve been paying taxes for about 25 years. I was put on furlough on March 17th. Does someone like me deserve a frickin stimulus ???????
If you filed MFJ in your last tax filing year and the $105k was the only income your household made in that year you’ll get $3200 assuming both kids are under 18
Posted on 4/13/20 at 7:45 pm to OsTiger78
quote:
I have a family of four and make about 105,000 per year. I’ve been paying taxes for about 25 years. I was put on furlough on March 17th. Does someone like me deserve a frickin stimulus ???????
I think you will be getting one based on that information.
Posted on 4/13/20 at 7:47 pm to fallguy_1978
quote:trust me, I know. What's sad is the younger generation doesn't understand this. And they can vote.
Think about it, paying every American 1k per month would cost almost 4 trillion per year. 12k per year is peanuts too but that's almost equal to the current entire federal budget.
Posted on 4/13/20 at 7:49 pm to Gorilla Ball
That's scary
Posted on 4/13/20 at 8:01 pm to Golfer
quote:it's not a whole lot more than i paid but i made a lot less. and it's not much compared to those made 500k, much less a billionaire like cuban.
And yeah. $10.5k isn’t a lot. But neither is the guy paying $45k when compared to what Mark Cuban pays in Income taxes.
Posted on 4/13/20 at 8:05 pm to McCaigBro69
quote:
Correct. I’m paying $16 in taxes this year and getting the full $1,200
Um. You may have only owed $16 on your federal return, but I’ll bet your entire $1200 that you paid much more than that in federal income tax via withholding.
Posted on 4/13/20 at 8:06 pm to GreatLakesTiger24
Top 1% pays 40% of all taxes. Top 20% pays 90% of all taxes
I’m sure top 20% includes some people getting checks
I’m not getting a check but I also don’t think I pay a lot of taxes compared to the 1%
I’m sure top 20% includes some people getting checks
I’m not getting a check but I also don’t think I pay a lot of taxes compared to the 1%
Posted on 4/13/20 at 8:06 pm to yellowfin
quote:But I thought the people don't make enough to pay taxes are banned from getting it? Plus how would they know who you are if you have never filed because of zero income in life, etc.
If you’re getting a stimulus, you probably don’t pay much in taxes
Posted on 4/13/20 at 8:08 pm to Winston Cup
I am not eligible but if I were, I'd buy an AR14.
This post was edited on 4/13/20 at 8:09 pm
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