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re: When will people start getting their stimulus checks?

Posted on 3/25/20 at 10:53 am to
Posted by northshorebamaman
Mackinac Island
Member since Jul 2009
38577 posts
Posted on 3/25/20 at 10:53 am to
quote:

I'm forecasting at least 40% of the monies given to everyone will be blown on lottery tickets, booze and cigarettes
And the rest of it will probably get wasted.
Posted by minvielle
Youngsville, LA
Member since Nov 2014
5177 posts
Posted on 3/25/20 at 11:29 am to
quote:

You could have a pretty decent evening with $200 worth of blow.


Either you are a lightweight or I need your dealer’s name
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
49487 posts
Posted on 3/25/20 at 11:45 am to
quote:

I'm forecasting at least 40% of the monies given to everyone will be blown on lottery tickets, booze and cigarettes
I'm hoping my casino will be back open
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
49487 posts
Posted on 3/25/20 at 11:47 am to
I think the IRS is looking at who paid taxes in 2018
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
76781 posts
Posted on 3/25/20 at 11:58 am to
after the politicians get theirs.

$25,000,000 “For additional Salary for House of Representatives”
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
76781 posts
Posted on 3/25/20 at 12:04 pm to
quote:

lottery tickets, booze and cigarettes


my shopping list
Posted by Crimson1st
Birmingham, AL
Member since Nov 2010
21155 posts
Posted on 3/25/20 at 12:05 pm to
quote:

I'm forecasting at least 40% of the monies given to everyone will be blown on lottery tickets, booze and cigarettes



BUT is the money really being blown? Even in this scenario, folks who help keep the economy revved and moving are benefiting and yes the government will recoup some of this back in tax/lottery revenues as well. There are elements of "necessary evil" in an economy for it to function properly.
Posted by Crimson1st
Birmingham, AL
Member since Nov 2010
21155 posts
Posted on 3/25/20 at 12:11 pm to
quote:

I'm forecasting at least 40% of the monies given to everyone will be blown on lottery tickets, booze and cigarettes


quote:

And the rest of it will probably get wasted.



Again, "wasted" money still goes somewhere. The somewhere has needs and most of the time contributes in some form back to the overall economy.

It's like when the issue of tax cuts for private airplane depreciation came up years ago. While many folks would look at someone having a private airplane as a "waste" or excessive, my goodness...how many folks, including the average Joe factory worker, benefit from making product that goes into these planes. If you sat down and thought it out further you can come up with all sorts of jobs that revolve directly or benefit indirectly from the private plane industry thriving. If something is done to thwart that industry, it has ripple effects that travel far beyond the millionaire who has the plane.
Posted by Crimson1st
Birmingham, AL
Member since Nov 2010
21155 posts
Posted on 3/25/20 at 12:14 pm to
quote:

Pretty sure only poor people are getting checks (< 70k/yr)


quote:

Phase out up to almost $200k for a married couple. Not exactly rich, but I wouldn't call that poor


I would say this depends greatly on where said couple resides. New York or San Francisco, this $200k couple is certainly not rich.
Posted by hawgndodge
Member since Jun 2009
5450 posts
Posted on 3/25/20 at 12:16 pm to
CNN (I KNOW) reporting not to expect the money until at least May.

People are gonna riot if it takes that long
Posted by td1
Baton Rouge
Member since Oct 2015
3222 posts
Posted on 3/25/20 at 12:17 pm to
Juvember
Posted by YouAre8Up
in a house
Member since Mar 2011
12792 posts
Posted on 3/25/20 at 12:17 pm to
After Nancy reads over it a few times and deems it acceptable for you to have. Otherwise she has not given a timeline of when she may or may not sign it.
Posted by BayouNation
Member since Sep 2008
2147 posts
Posted on 3/25/20 at 12:18 pm to
Always adding the pork!
Posted by John88
Member since Sep 2015
6439 posts
Posted on 3/25/20 at 12:23 pm to
3:50
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 3/25/20 at 12:38 pm to
When will people start robbing mailboxes is my question.
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