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re: What will you use your stimulus check on?

Posted on 3/25/20 at 7:24 am to
Posted by YouAre8Up
in a house
Member since Mar 2011
12792 posts
Posted on 3/25/20 at 7:24 am to
We all were told that this virus was going to kill everyone in the world so might as well use "free" money to live large and go out big.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 3/25/20 at 7:25 am to
Probably get a couple more iPads. It feels good to support a US company during these hard times.
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
18525 posts
Posted on 3/25/20 at 7:27 am to
Don’t know why I’m getting down voted. I’m not going to use the money unless I need it or blow it on dumb shite. If I can hold on to it through this whole thing, I’m going to invest it.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32782 posts
Posted on 3/25/20 at 7:29 am to
quote:

If you have a combined income of just under 200k, and are living within your means, then you should have enough money saved up to where this situation should not have caused you to not be able to pay any bills. Now, if you make that much, and drive a 70k truck, live in a 2500 sq. ft. house, and the wife drives a 70k SUV, you have a 30k boat, and your kids go to the most expensive school, and you have a nice deer lease, a nice duck lease, then yeah, you probably are severely hurt by this. But if that's the case, you aren't very smart.
This has nothing to do with 198k family income not being "rich".
Posted by Homey the Clown
Member since Feb 2009
5721 posts
Posted on 3/25/20 at 7:31 am to
I didn't say that made you rich. I said that makes you not poor.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 3/25/20 at 7:32 am to
If you filed jointly in 2018, the income limit is $150K for the couple.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 3/25/20 at 7:35 am to
Imma have 2 drinks on you!!!

I’ll be able to afford it with my big Trump check
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32782 posts
Posted on 3/25/20 at 7:36 am to
quote:

I didn't say that made you rich. I said that makes you not poor.
Right, and I said no shite. Then you went on to say a bunch of shite that has nothing to do with 198k not being "rich". Am I living in bizzaro world?

My original post was that 198k isn't rich, your response was a strawman that it isn't poor. There's a middle ground there, which is where it falls, IMO.
Posted by KemoSabe65
70605
Member since Mar 2018
5213 posts
Posted on 3/25/20 at 7:36 am to
Nails and Hur first and balance in crab legs from sams club.
Posted by nated14
Baton Rouge
Member since Nov 2009
880 posts
Posted on 3/25/20 at 7:41 am to
Is this a stimulus or aid package? If stimulus does it matter what income bracket spends it? There shouldn’t be a limit on earnings for stimulus. If it’s aid there should be limits but not completely phased out. 2018 earnings do not reflect the condition someone may be in now. For those on assistance already who have no threat to have their income being effected why pay them more? I really like the SBA forgiveness but have concerns how smoothly that process will line out.

Probably not getting a check but if I were I would probably buy some fishing gear.
Posted by StringedInstruments
Member since Oct 2013
18476 posts
Posted on 3/25/20 at 7:41 am to
I’m putting it in savings for a down payment on a house next year.

Posted by CoCo311
Anyone want my shirt??
Member since Jun 2012
16770 posts
Posted on 3/25/20 at 7:46 am to
quote:

I’m putting it in savings for a down payment on a house next year.


Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 3/25/20 at 7:47 am to
quote:

What’s the income limit for the check?

When are the checks expected?





75k for full 1200.
over 75k. subtract $5 from 1200 for every 100 income over 75k.

the 500 per kid has a much higher ceiling. more than 250k in drafts floated. it could much more.

Posted by Prominentwon
LSU, McNeese St. Fan
Member since Jan 2005
93775 posts
Posted on 3/25/20 at 7:47 am to
quote:

It's no wonder why Prom put a ring on it


It’s the little things....
Posted by Mo Jeaux
Member since Aug 2008
59129 posts
Posted on 3/25/20 at 7:48 am to
quote:

iAmBatman


Posted by oleheat
Sportsman's Paradise
Member since Mar 2007
13522 posts
Posted on 3/25/20 at 7:49 am to
Ammo & Vitamin C
Posted by Strannix
District 11
Member since Dec 2012
49048 posts
Posted on 3/25/20 at 7:51 am to
quote:

What will you use your stimulus check on?


Pay my federal taxes cause wife and I made more money in 2019 and got fricked even though we had a baby
Posted by Tiger Ryno
#WoF
Member since Feb 2007
103185 posts
Posted on 3/25/20 at 7:54 am to
I doubt I get a dime and I'm glad I don't as long as I'm not laid off
Posted by 1999
Where I be
Member since Oct 2009
29178 posts
Posted on 3/25/20 at 7:54 am to
Limit is 75k, so obviously no one on the ot will qualify.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 3/25/20 at 7:55 am to
quote:

When are the checks expected?





i bet 3 weeks tops.

irs produces the list in a format and media that treasury mnuchin specifies.

treasury poops out checks sorted by zip9 for days and days.
each day:
tons of checks into tons of envelops.
tractor trailers over to yon main postal building.
sorted already by zip9
into trucks. some go right to maryland and virginia and dc.
most go into airplanes.
into trucks.
into post offices.
into little square trucks

some of that.

This post was edited on 3/25/20 at 8:00 am
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