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Started By
Message
re: Stimulus Money
Posted on 3/13/21 at 6:56 am to Vandergriff
Posted on 3/13/21 at 6:56 am to Vandergriff
quote:
The truth is the economy doesn't really need it. This is not a rescue or survival payment. This is buying votes kind of money.
This was ALWAYS about bailing out blue cities and states that have, for decades, run unfunded deficits, and on top of that throwing a bone to everybody so they’d accept the bailouts.
In the end, the money will be in the hands of the wealthiest, and those getting checks will be left with old bass boats, tarnished bling, scratched rims and old plasmas.
This post was edited on 3/13/21 at 7:52 am
Posted on 3/13/21 at 7:42 am to tigeraddict
quote:
$7000 was deposited in my account today.....
![](https://files.catbox.moe/w45z2n.jpg)
Posted on 3/13/21 at 7:57 am to Privateer 2007
quote:
quote:
do you need it
No.
But, neither do most people. Poor people got pay raises this year courtesy of Fed Government.
If I'm saddled with this country's debt, I might as well get something in return.
Unfortunately this guy get's it.
Socialism is coming [insert GoT MEME]
Best to get in on the ground floor while their still money to give away.
You sad saps that desperately try to hold on to the old ways of working for what you have are going to be left out in the cold when you have 3/5th of your income taken to pay for the failing American Socialism experiment and then there's no more free bees to give out.
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
This post was edited on 3/13/21 at 8:01 am
Posted on 3/13/21 at 8:46 am to Snipe
![](https://files.catbox.moe/glafya.jpg)
quote:
Democrats snuck a handful of surprise tax hikes on corporations in President Biden's sweeping coronavirus relief package that combined are worth more than $60 billion.
One provision in the $1.9 trillion stimulus bill limits deductions for publicly traded companies that pay their top employees more than $1 million for tax years beginning after 2026. Another extends a cap on how much certain unincorporated business owners can deduct against their non-business income to reduce their tax liability, and the third clamps down on how multinational corporations do their taxes.
The Biden administration has been reluctant to raise taxes during the pandemic, with millions of businesses and families still reeling financially. But according to Politico, which first reported the news, Democrats ran into an issue with rules that strictly regulate legislation being passed via budget reconciliation.
Posted on 3/13/21 at 8:57 am to Ailsa
Democrats slip sneaky little rider into stimulus bill to forbid states from cutting taxes
quote:
The Democrats' $1.9-trillion stimulus bill is a monster of public spending with the prime aim of rewarding political cronies. Free-spending blue cities and states get bailouts, along with unions with mismanaged gold-plated pensions for their members. The losers are the savers and taxpayers. That's because it won't be long before Argentina-style inflation and Europe-style taxes kick in to pay for these benefits to leftists.
The only hope is to grow the economy so that the debt can be paid, which is something Americans often know how to do.
But unlike other bills, this one contains a poison pill, to ensure that red states and cities inclined to cut taxes are stopped dead in their tracks.
Reason magazine's Eric Boehm has located and identified this slimy, sneaky little rider:
Buried within the $1.9 trillion emergency spending bill that Congress sent to President Joe Biden's desk on Wednesday is a provision that could effectively block states from cutting taxes if they accept federal bailout dollars.
That provision, added to the bill by the Senate last week, could put a halt to several states' plans to cut taxes this year as a way to stimulate economic growth following the COVID-19 pandemic. Depending on how the text is interpreted, the measure could also make it illegal for states to create new tax credit programs like the ones that have become a popular mechanism for expanding school choice. Critics say this expansion of federal control over state policymaking is murky at best, and potentially unconstitutional.
It amounts to a Democrat bid to not just shovel other people's money, but that little thing that comes with money, which is control. Conditionality. Power. In exchange for passing this monopartisan spending bill, their aim is not just to bail out blue cities and states at the expense of red ones, but to make red cities and states as overtaxed and badly run as blue ones.
Make them all as badly run as blue states so no one will flee? That's what is behind this creepy little embedded rider in this monstrous spending measure.
https://www.americanthinker.com/blog/2021/03/democrats_slip_in_sneaky_little_rider_to_stimulus_bill_to_forbid_states_from_cutting_taxes.html
quote:
The Democrats' $1.9-trillion stimulus bill is a monster of public spending with the prime aim of rewarding political cronies. Free-spending blue cities and states get bailouts, along with unions with mismanaged gold-plated pensions for their members. The losers are the savers and taxpayers. That's because it won't be long before Argentina-style inflation and Europe-style taxes kick in to pay for these benefits to leftists.
The only hope is to grow the economy so that the debt can be paid, which is something Americans often know how to do.
But unlike other bills, this one contains a poison pill, to ensure that red states and cities inclined to cut taxes are stopped dead in their tracks.
Reason magazine's Eric Boehm has located and identified this slimy, sneaky little rider:
Buried within the $1.9 trillion emergency spending bill that Congress sent to President Joe Biden's desk on Wednesday is a provision that could effectively block states from cutting taxes if they accept federal bailout dollars.
That provision, added to the bill by the Senate last week, could put a halt to several states' plans to cut taxes this year as a way to stimulate economic growth following the COVID-19 pandemic. Depending on how the text is interpreted, the measure could also make it illegal for states to create new tax credit programs like the ones that have become a popular mechanism for expanding school choice. Critics say this expansion of federal control over state policymaking is murky at best, and potentially unconstitutional.
It amounts to a Democrat bid to not just shovel other people's money, but that little thing that comes with money, which is control. Conditionality. Power. In exchange for passing this monopartisan spending bill, their aim is not just to bail out blue cities and states at the expense of red ones, but to make red cities and states as overtaxed and badly run as blue ones.
Make them all as badly run as blue states so no one will flee? That's what is behind this creepy little embedded rider in this monstrous spending measure.
https://www.americanthinker.com/blog/2021/03/democrats_slip_in_sneaky_little_rider_to_stimulus_bill_to_forbid_states_from_cutting_taxes.html
Posted on 3/13/21 at 10:02 am to tigeraddict
You didn't get deposit the same day the bill was signed a-hole.
Posted on 3/13/21 at 12:41 pm to JohnZeroQ
quote:
You didn't get deposit the same day the bill was signed a-hole.
Actually https://fortune.com/2021/03/12/stimulus-check-3-update-direct-deposit-when-3rd-round-stimulus-checks-coming-sent-get-my-payment-portal-irs-1400-payments-tracker/ the checks started to be processed yesterday by the banks.
Posted on 3/13/21 at 3:50 pm to Smokeyone
Why is your wife still working and you are retired?
Posted on 3/13/21 at 4:03 pm to Indefatigable
quote:
: and being poor
Is 150k poor?
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