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re: Those spending the child tax credit check on misc expenses

Posted on 7/17/21 at 7:49 pm to
Posted by PorkSammich
North FL
Member since Sep 2013
17558 posts
Posted on 7/17/21 at 7:49 pm to
They’ll just blame whiteys for not having enough money to get by.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 7/17/21 at 8:06 pm to
If it just goes into their pool of money, how the frick do you know what they’re spending it on, and why the frick do you care?
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 7/17/21 at 8:07 pm to
Tell us what you spent it on.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 7/17/21 at 8:08 pm to
I donated it to Planned Parenthood.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 7/17/21 at 8:09 pm to


I just almost fell out of my chair...I was opening our mail and opened an envelope from the US Treasury and what do you know...a check for $333

What do the base these payments off of?
This post was edited on 7/17/21 at 8:10 pm
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 7/17/21 at 8:10 pm to
That’s a fantastic plan. What a great way to ensure these leaches don’t get anymore advances of my money based on how many times they opened their legs.
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 7/17/21 at 8:12 pm to
quote:

What do the base these payments off of?


I have no idea how they arrived at the numbers they did, but publicly they’ve said it’s based on your household income, age of children, and how many you have.

Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 7/17/21 at 8:13 pm to
quote:

Middle class excluded


How did you conclude this?
This is far from the truth.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 7/17/21 at 8:16 pm to
quote:

I have no idea how they arrived at the numbers they did, but publicly they’ve said it’s based on your household income, age of children, and how many you have.



Well our household income is plenty enough and our kids are 14 and 17....$333 is nice but like those EBT Cards they sent us a couple weeks ago...we will just donate the money to a charity.
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 7/17/21 at 8:17 pm to
quote:

Well our household income is plenty enough and our kids are 14 and 17


You may actually be in that group that wasn’t supposed to qualify, but got checks anyway

Congratulations baw. Don’t spend it all in one place
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 7/17/21 at 8:25 pm to
quote:



You may actually be in that group that wasn’t supposed to qualify, but got checks anyway



Fkn dumbass wasteful government spending.

Funny think is, is that they have to be looking at my 2019 taxes I assume because we haven’t filed our 2020 taxes yet.

quote:

Congratulations baw. Don’t spend it all in one place





Might just give it to my daughter since she’s going to Disney World at the end of the month
Posted by T_don
Abbeville
Member since Dec 2019
478 posts
Posted on 7/17/21 at 8:27 pm to
Fair enough lol
Posted by Peepdip
Member since Aug 2016
4946 posts
Posted on 7/17/21 at 8:35 pm to
quote:

Using the child tax credit check on things like getting their hair and nails done, new cell phone, new fake lashes, do they feel guilty not spending it on their kids?
Who’s doing that?
Posted by StTiger
Baton Rouge
Member since Nov 2008
3178 posts
Posted on 7/17/21 at 9:26 pm to
quote:

The benefit is that they will have access to this money early but the problem is could create a deficit when they file their taxes at the end of the year.


Do you understand what a tax credit is?

It's not suddenly counted as income. In fact, another change neglected to be mentioned is that the credit is now fully refundable.

In order to create a deficit, your income would have to increase past the thresholds or your kid didn't live with you half the year or you lived outside the states half the year
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71104 posts
Posted on 7/17/21 at 9:31 pm to
I'm sure I'll spend it on other things (not the things OP listed, which was obviously a very targeted list ), because I don't need it to care for my kids.

Honestly the income limits (200k/400k) are probably too high if the goal was to subsidize kids living in substandard conditions.
Posted by borotiger
Murfreesboro Tennessee
Member since Jan 2004
14681 posts
Posted on 7/17/21 at 9:35 pm to
Just curious. What did you spend your stimulus on?


I'm against any stimulus but find it odd when people anonymously complain about what they think others spent their's on.

Free money given to anyone is not free. We all need to pay it back.
Posted by borotiger
Murfreesboro Tennessee
Member since Jan 2004
14681 posts
Posted on 7/17/21 at 9:39 pm to
quote:

Honestly the income limits (200k/400k) are probably too high if the goal was to subsidize kids living in substandard conditions.


Absolutely.

I didn't need it or want it. It just came. Now my choice is to spend it or send a donation back to the government. I will still have to pay taxes on it and for all the others. Our personal debt is out of control.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/17/21 at 9:41 pm to
quote:

Now my choice is to spend it or send a donation back to the government. I will still have to pay taxes on it and for all the others.


Retard alert
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74850 posts
Posted on 7/17/21 at 9:44 pm to
shocker. The Spleen is all about that gubment handout cash. Didn’t hit the dual income threshold bud?
Posted by borotiger
Murfreesboro Tennessee
Member since Jan 2004
14681 posts
Posted on 7/17/21 at 10:03 pm to
quote:

Retard alert


You don't understand it enough to call anyone a "retard".
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