- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Could have just eliminated all Federal Income Taxes for the year instead of the “stimulus”
Posted on 3/29/20 at 11:35 pm
Posted on 3/29/20 at 11:35 pm
LINK to article about $3.3 Trillion in Income Tax Receipts
Just a waste of effort. All these loans and programs will still be in rule making when this virus flushes out. $2 Trillion of lobbyist wishlist. Just suspend withholdings and payments until Year end. Boom
Just a waste of effort. All these loans and programs will still be in rule making when this virus flushes out. $2 Trillion of lobbyist wishlist. Just suspend withholdings and payments until Year end. Boom
Posted on 3/29/20 at 11:37 pm to BlueDogTiger
How does that help the 3 million people who filed for unemployment last week?
Posted on 3/29/20 at 11:40 pm to BlueDogTiger
would we be refiling our taxes under that scenario?
Posted on 3/29/20 at 11:42 pm to funnystuff
Their employers may have held on longer.. Consumers would have more money to spend in those businesses immediately
Posted on 3/29/20 at 11:43 pm to funnystuff
quote:
How does that help the 3 million people who filed for unemployment last week?
Generally, people on this site are fricking morons, who need to stick to topics that they know.
These would include: how to tie a shoe; advanced eating with a fork, without poking yourself in the eye; bus window licking; etc.
I feel sorry for those that don't realize that most of the shite posted here is retarded.
This post was edited on 3/29/20 at 11:45 pm
Posted on 3/29/20 at 11:43 pm to BlueDogTiger
If people lose their jobs for half a year, they’d probably have very little (if any) federal income taxes owed anyway
Posted on 3/29/20 at 11:47 pm to Tiger Prawn
Ya’ll do realize that the unemployment cost in the bill is minor to the over all cost? We already have unemployment insurance. But a restaurant knowing they do not need to pay federal taxes may keep their staff around longer. NOW
Posted on 3/29/20 at 11:50 pm to BlueDogTiger
quote:
Their employers may have held on longer..
Based on what exactly?
Posted on 3/29/20 at 11:51 pm to BlueDogTiger
quote:
But a restaurant knowing they do not need to pay federal taxes may keep their staff around longer.
Even though they're restricted to take out only?
Are you insane? There is no way they wouldn't still make cuts.
Posted on 3/29/20 at 11:52 pm to Powerman
So let me ask what the point of the checks to Americans is for? That will take 3 weeks or more to get out? Stimulate? To get people to spend.
Posted on 3/29/20 at 11:53 pm to BlueDogTiger
You can only do that once.
You can stimulate over and over and over.
You can stimulate over and over and over.
Posted on 3/29/20 at 11:55 pm to BlueDogTiger
quote:
So let me ask what the point of the checks to Americans is for? That will take 3 weeks or more to get out? Stimulate? To get people to spend.
I think the stimulus is ill conceived for whatever it's worth
I just think it's very naive to think that businesses like restaurants would keep people employed if you got rid of income taxes
If they're restricted to take out only for the time being they're not going to keep people on the payroll no matter what you do about income taxes. They'll keep the minimum skeleton crew they need to operate as a take out business.
And many are already closing their doors because this model isn't sustainable for very long.
Posted on 3/29/20 at 11:55 pm to gthog61
Once? You do know they withhold federal income taxes in every paycheck right?
Posted on 3/29/20 at 11:57 pm to Powerman
But the Americans that also get more in their paycheck...some a lot more...they will order food. And would have the last 2 weeks
Posted on 3/29/20 at 11:57 pm to BlueDogTiger
quote:
Once? You do know they withhold federal income taxes in every paycheck right?
I was talking about they can only eliminate your taxes once and it cannot be more than you pay.
Now what is the cap on "stimulus"?
Posted on 3/30/20 at 12:01 am to BlueDogTiger
If they’re equal monetarily the stimulus check is better.
Posted on 3/30/20 at 12:01 am to gthog61
Are you talking about when you file your taxes? The day you settle with US on whether you submitted enough all year or too much?
And the stimulus checks will be formulated in your 2020 taxes by they way.
And the stimulus checks will be formulated in your 2020 taxes by they way.
This post was edited on 3/30/20 at 12:02 am
Posted on 3/30/20 at 12:01 am to BlueDogTiger
quote:
Could have just eliminated all Federal Income Taxes for the year instead of the “stimulus”
The folks they are trying to funnel money to mostly dont pay income tax and most taxpayers will not be recieving a stimulus.
IMHO they did this way too early, passing out checks 10 days into a multi week/month ordeal is beyond stupid, when folks really get in a bind there will be no ammo left to fire.
Posted on 3/30/20 at 12:02 am to BlueDogTiger
Those who contribute the most are rewarded the most
Its logical if you are a naturalist I do suppose
Its logical if you are a naturalist I do suppose
Posted on 3/30/20 at 12:04 am to Eli Goldfinger
So, if someone making $400,000 salary gets no federal taxes withheld,, and that person would not get a check, You think they may spend a little of the 35% withheld next couple months? I think so.
Popular
Back to top
Follow TigerDroppings for LSU Football News