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Old 03-19-2020, 12:02 PM
 
Location: Arizona
2,558 posts, read 2,218,465 times
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Presumably, if you owe back taxes to the IRS, these checks don't apply?
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Old 03-19-2020, 12:16 PM
 
14,473 posts, read 20,648,603 times
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Negotiations are ongoing. Those who can benefit from any check should cheer on a DEMOCRAT. Maxine Waters.

Rep. Maxine Waters (D-Calif.) proposed on Wednesday having the Federal Reserve send $2,000 to every American adult and $1,000 to every American child until the crisis ends.

There are people living on social security checks under $800 a month. The checks should start at the bottom of the ladder.
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Old 03-19-2020, 01:11 PM
 
Location: Oregon, formerly Texas
10,065 posts, read 7,237,863 times
Reputation: 17146
Quote:
Originally Posted by howard555 View Post
Negotiations are ongoing. Those who can benefit from any check should cheer on a DEMOCRAT. Maxine Waters.

Rep. Maxine Waters (D-Calif.) proposed on Wednesday having the Federal Reserve send $2,000 to every American adult and $1,000 to every American child until the crisis ends.

There are people living on social security checks under $800 a month. The checks should start at the bottom of the ladder.
It's amazing how suddenly Andrew Yang's proposal became prescient.
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Old 03-19-2020, 01:36 PM
 
Location: Dessert
10,895 posts, read 7,386,537 times
Reputation: 28062
Quote:
Originally Posted by howard555 View Post
Negotiations are ongoing. Those who can benefit from any check should cheer on a DEMOCRAT. Maxine Waters.

Rep. Maxine Waters (D-Calif.) proposed on Wednesday having the Federal Reserve send $2,000 to every American adult and $1,000 to every American child until the crisis ends.

There are people living on social security checks under $800 a month. The checks should start at the bottom of the ladder.
Does that mean a check every month or week until the crisis ends, or will they start sending one check per person and cut off anybody who didn't get a check before the crisis ends?
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Old 03-19-2020, 01:50 PM
 
31,909 posts, read 26,970,741 times
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Quote:
Originally Posted by steiconi View Post
Does that mean a check every month or week until the crisis ends, or will they start sending one check per person and cut off anybody who didn't get a check before the crisis ends?
Basically yes, that is what Ms.Waters is saying; and many democrats are doing same in so many words.

Chuck Schumer (a man who loves welfare and any other federal spending more than his life) along with others in DNC are already saying just one $1k check won't be enough. More so if it is only going to those who are unemployed or seen hours reduced to this crisis. They want checks now, in a few months, then again later on.

There is no money in the treasury for this sort of bold plan, for that matter neither is the nearly one trillion spent as of yesterday nor what is to come later. So it all will pile onto national debt.

Personally don't see why those who aren't employed, on SS, or whatever should be getting checks. Just how exactly are they being affected? Previous stimulus gave those on SS checks, while rest of us had to settle for payroll tax rate reduction.
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Old 03-19-2020, 01:59 PM
 
Location: Rural Wisconsin
19,803 posts, read 9,357,559 times
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Quote:
Originally Posted by lenora View Post
Another "They don't deserve it!" Ugh.
What is so "ugh" about taxpayers not wanting MORE of their tax money spent on people who are not in the U.S. legally?

(Biut, yes, I would make an exception for starving children, but not for any single adults who are here illegally and who have been arrested for drunk driving, for example. And, yes, I know that would probably be too cumbersome at this point, but I still think the best way to handle this would be for people to apply for it.)
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Old 03-19-2020, 02:16 PM
 
31,909 posts, read 26,970,741 times
Reputation: 24814
Quote:
Originally Posted by Slater View Post
Presumably, if you owe back taxes to the IRS, these checks don't apply?
"Stimulus checks have been mailed out to taxpayers on several occasions. These checks will vary in amount according to the taxpayer's filing status. Joint taxpayers received twice as much as those filing singly. Those who had unpaid back taxes saw their stimulus checks automatically applied to their outstanding balance."

https://www.investopedia.com/terms/s/stimulus-check.asp

So it does appear unless something is done differently this time, IRS will apply funds given and apply them to back taxes first.
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Old 03-19-2020, 06:22 PM
 
Location: Sputnik Planitia
7,829 posts, read 11,787,380 times
Reputation: 9045
awful plan... singles in high COL areas are screwed as usual.
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Old 03-19-2020, 06:33 PM
 
Location: Lahaina, Hi.
6,384 posts, read 4,829,872 times
Reputation: 11326
Quote:
Originally Posted by howard555 View Post
Agreed and in all the political conversations on who should get a one time benefit the group rarely mentioned are the people living on nothing but a social security check.
Workers should get a tax holiday for a year, or get an interest free loan for their business, and other categories of "workers."
Why should someone making $50,000 get a one time check to support their high life style.
Yes it's a high life style to retirees with no pension. Most Americans don't realize what is like for those who have an income of under $15,000. It's millions of people.
.
$50,000 puts you well under the poverty line here in Hawaii. Perhaps the amount should be based upon cost-of-living where you are.
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Old 03-19-2020, 06:43 PM
 
Location: Rural Wisconsin
19,803 posts, read 9,357,559 times
Reputation: 38343
Quote:
Originally Posted by k374 View Post
awful plan... singles in high COL areas are screwed as usual.
Yes, although I don't live in a very high COL area, I agree. Another suggestion would be to base it on a state's minimum wage, as I think this might be a better reflection of a state's COL. (Like, for example, singles would get up to 75 times a state's minimum wage, and couples would get up to double that, with perhaps $100 per child up to a maximum of $300 extra*.)

Again, I think they are rushing this through without THINKING this through.



*My particular pet peeve regarding social issues is poor people who can't truly afford having any children having more than two of them.
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