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Started By
Message
re: Income limits with stimulus checks
Posted on 3/19/20 at 6:29 pm to GeneralLee
Posted on 3/19/20 at 6:29 pm to GeneralLee
I’m upper middle class, $250k+ including my wife’s salary, 4 kids and live in NYC. We don’t need it, shut the frick up if you are making 75k single or 150k married and don’t have money saved for shite like this, you’re an idiot. Give the money to people that actually need it and quit bitching.
3
Posted on 3/19/20 at 6:36 pm to The Pirate King
quote:
I would consider 150k household income above “upper middle class
Lol gtfo with this.
Posted on 3/19/20 at 6:37 pm to Muleriderhog
quote:
I’m upper middle class, $250k+ including my wife’s salary, 4 kids and live in NYC
You’re poor, bro. You’re the people who need it
Posted on 3/19/20 at 6:39 pm to LSUfanNkaty
quote:
Im not super pumped about it... especially considering I've got to pay the government over 1K in taxes in a month or so.
I’m in the same boat
Posted on 3/19/20 at 6:40 pm to Revelator
quote:
I’m in the same boat
Well, at least you get an additional 3 months...
Posted on 3/19/20 at 6:41 pm to The Pirate King
Upper middle class status is highly dependent on where you live. $100k in rural MS is upper middle class for a family. $100k in DC is not even middle class for a family.
This post was edited on 3/19/20 at 6:42 pm
Posted on 3/19/20 at 6:43 pm to DiamondDog
quote:
Lol gtfo with this.
Depends on where you live. 150k in shreveport you can live a upper middle class lifestyle.
Nearly every available source has upper middle defined as 122k-180k
Posted on 3/19/20 at 6:45 pm to Muleriderhog
You’re a liar
Nobody long in NYC is saving anything if you’re just making $250,000
That’s nothing there
Nobody long in NYC is saving anything if you’re just making $250,000
That’s nothing there
Posted on 3/19/20 at 6:47 pm to GeneralLee
quote:that’s kind of the point, dipshit
Once again a lot of this money will go to people who will blow it as opposed to invest it.
Posted on 3/19/20 at 6:48 pm to GeneralLee
I will be using my corona cash to finish the remodel on my home. cases of corona have been detrimental to its completion. So now I can just pay someone to finish it. Instead of me drinking a case of corona and not doing anything.
This post was edited on 3/19/20 at 6:49 pm
Posted on 3/19/20 at 7:36 pm to GeneralLee
This is a little different.
I’m ok with lower and moderate incomes having straight cash.
I do think dividend taxes should be suspended.
Also capital gains should be reduced.
I’m ok with lower and moderate incomes having straight cash.
I do think dividend taxes should be suspended.
Also capital gains should be reduced.
Posted on 3/19/20 at 7:53 pm to TigerGrad2011
It’s AGI of $75k / $150k
Also, it’s $1200 / $2400 and $500 per child
For every $100 over the cap subtract $5 from your check
Also, it’s $1200 / $2400 and $500 per child
For every $100 over the cap subtract $5 from your check
Posted on 3/19/20 at 8:02 pm to GeneralLee
We are close to that limit, not sure where we were at in 2018 but I imagine we were under and qualify.
I’m not going to lose my job, I will prob need to take some PTO. I know others could use it more. I will have significant business losses that their is no relief available for but I think I am a rare case that I’m both employed and a partner in a business.
It would have been nice if they would have targeted certain individuals and businesses that are impacted the most. Somebody making $200k normally that isn’t making shite right now could easily hurt just as bad as someone making $50k. Small businesses aren’t going to be able to pay people. People that didn’t have any income in the first place won’t be severely affected.
It’s just too huge of a sum of money to be strictly based off income limits.
I’m not going to lose my job, I will prob need to take some PTO. I know others could use it more. I will have significant business losses that their is no relief available for but I think I am a rare case that I’m both employed and a partner in a business.
It would have been nice if they would have targeted certain individuals and businesses that are impacted the most. Somebody making $200k normally that isn’t making shite right now could easily hurt just as bad as someone making $50k. Small businesses aren’t going to be able to pay people. People that didn’t have any income in the first place won’t be severely affected.
It’s just too huge of a sum of money to be strictly based off income limits.
Posted on 3/19/20 at 8:02 pm to BACONisMEATcandy
It’s also based off 2018, bit of you didn’t file for 2018 and did in 2019 they will use that. Minimum check is 600, which I think everyone will get no matter income.
Posted on 3/19/20 at 8:43 pm to Dawgfanman
You get phased out at $198k and $99k
Posted on 3/19/20 at 9:22 pm to BACONisMEATcandy
quote:
You get phased out at $198k and $99k
I find that quite humorous also. Someone single in California making 80-100k at a Bay Area company is poor as shite and probably needs help also. They get nothing in this plan.
Posted on 3/19/20 at 9:26 pm to UAinSOUTHAL
quote:
Someone single in California making 80-100k at a Bay Area company is poor as shite and probably needs help also. They get nothing in this plan.
I have an uncle who lives near San Fran. Works for a big company. Probably makes a little over 100k. They’re probably a good half step from a trailer.
Posted on 3/19/20 at 9:27 pm to UAinSOUTHAL
quote:
Someone single in California making 80-100k at a Bay Area company is poor as shite and probably needs help also. They get nothing in this plan.
Posted on 3/19/20 at 9:29 pm to LSUfanNkaty
I will take mine and give it to someone that really needs it
Posted on 3/19/20 at 9:33 pm to Tiger on the Rag
quote:Give it to the homeless, they are good people in a temporary bad situation. Some (most) of these charities you hear about are scams.
I will take mine and give it to someone that really needs it
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