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Message
re: Income limits with stimulus checks
Posted on 3/19/20 at 4:15 pm to Nado Jenkins83
Posted on 3/19/20 at 4:15 pm to Nado Jenkins83
If I get anything it will be divided up among my adult kids and the remainder will be spent at local restaurants, local hardware stores, nurseries, etc and I will become a bigger tipper.
3
Posted on 3/19/20 at 4:22 pm to moneyg
quote:
quote: I would consider 150k household income above “upper middle class” wtf
Top 10% ain’t middle nothing...not that it’s a lot or anything.
Posted on 3/19/20 at 4:26 pm to GeneralLee
quote:
So let me get this straight... Big companies will get bailed out, while small businesses are likely to get nothing. And those making less than $150K (couple) or $75K (individual) get $1k/adult and $500/kid, but the upper middle class gets nothing? What a crock of sh*t!
Socialism for a few, austerity for the rest.
Posted on 3/19/20 at 4:26 pm to Janky
quote:
That is what the point of it is...to spend and not save. Saving doesn't help.
You just summed up nearly exactly why we are in this trouble to begin with.
At least now everyone can make their payments on their phones, shoes, and laptops.
Posted on 3/19/20 at 4:27 pm to Skeezer
quote:
You just summed up nearly exactly why we are in this trouble to begin with.
We are in trouble because the govt turned off the economy
Posted on 3/19/20 at 4:28 pm to GeneralLee
Are you gonna vote Democrat over it?...
Posted on 3/19/20 at 5:04 pm to GeneralLee
@jennfranconews
#BREAKING: Senate GOP are considering direct cash assistance to Americans as part of a stimulus package:
*$1,200 check per person for those who make up to $75K
*Phased out at $95K
*Lowered $5 for each extra $100
*Add $500 per child
*No money for those with income of $99,000+
#BREAKING: Senate GOP are considering direct cash assistance to Americans as part of a stimulus package:
*$1,200 check per person for those who make up to $75K
*Phased out at $95K
*Lowered $5 for each extra $100
*Add $500 per child
*No money for those with income of $99,000+
Posted on 3/19/20 at 5:08 pm to Jwho77
is this joint income or single person?
Posted on 3/19/20 at 5:08 pm to Jwho77
I don't care about getting money if they keep the stimulus relatively "small" and target it to those who are genuinely taking it on the chin for the rest of us.
But when it inevitably balloons in negotiations AND they're still trying to cut out a huge swath of people deemed too wealthy, then it's pretty annoying.
A shite ton of 150k families are probably going to be cash strapped in the coming few months. 150k living out in rural Alabama is a lot different than some couple and 2 kids doing in Nashville.
But when it inevitably balloons in negotiations AND they're still trying to cut out a huge swath of people deemed too wealthy, then it's pretty annoying.
A shite ton of 150k families are probably going to be cash strapped in the coming few months. 150k living out in rural Alabama is a lot different than some couple and 2 kids doing in Nashville.
Posted on 3/19/20 at 5:12 pm to geauxtigers87
quote:
is this joint income or single person?
Single, and it's assumed joint is the 150K figure floated earlier today.
Posted on 3/19/20 at 5:13 pm to Janky
quote:
Saving doesn't help
Common misconception, saving and/or investing money helps our financial institutions and their employees which help economy
Posted on 3/19/20 at 5:15 pm to 3morereps
maybe college tuition will be cheaper after this madness?
Posted on 3/19/20 at 5:35 pm to Jwho77
quote:
@jennfranconews
#BREAKING: Senate GOP are considering direct cash assistance to Americans as part of a stimulus package:
*$1,200 check per person for those who make up to $75K
*Phased out at $95K
*Lowered $5 for each extra $100
*Add $500 per child
*No money for those with income of $99,000+
they just keep trying to one up each other. we're all going to be loaded by the time they settle on a number.
Posted on 3/19/20 at 5:36 pm to ApexTiger
quote:
maybe college tuition will be cheaper after this madness?
Enrollment in college (demand) goes up during economic downturns.
Posted on 3/19/20 at 5:54 pm to MDB
Girl on FB wanting to know if she will get a check, she hasn't worked since September 2018 but deserves one because she can't find a job.
Posted on 3/19/20 at 5:57 pm to MDB
I don’t need it. But If I get a check I will spend it where the economy is hurting. I’ll tip more and maybe eat out a bit more. I do feel for those in the service industry. I suggest those who don’t need the boost do the same.
Posted on 3/19/20 at 5:58 pm to SportTiger1
Well if it phases out at $100K I’m out and I’m ok with that. Get it to those who need it. I’m fortunate enough.
Posted on 3/19/20 at 5:59 pm to tduecen
Ok those who have not worked since 2018 with record low unemployment do not deserve a check.
Posted on 3/19/20 at 6:23 pm to Mid Iowa Tiger
My favorite response to this is "Well you can afford it then".
Infuriates me.
Infuriates me.
Posted on 3/19/20 at 6:26 pm to RiseUpATL
quote:
Well if it phases out at $100K I’m out and I’m ok with that. Get it to those who need it. I’m fortunate enough.
i wouldnt be. IF (and thats a big IF) there has to be a cutoff, it needs to be 250k
but honestly, how much do you save with this threshold?
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