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Old 05-22-2020, 06:52 AM
 
80,173 posts, read 78,518,791 times
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Quote:
Originally Posted by SaraR. View Post
He might have done something like this with unemployment benefits, however, we never thought of it.
we donate yearly so it was a good use for the money and we get a tax deduction.

keep in mind too that his decision to leave it for others has no merit ... it is his employers own account paying for it and it never runs dry .. none of this money runs dry .no one gets it at the expense of someone else not getting it . the same is true of the 600 ... no one is not getting it because someone else did .
that is just silly reasoning and makes no sense
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Old 05-22-2020, 06:58 AM
 
Location: NJ
13,373 posts, read 23,022,130 times
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Quote:
Originally Posted by scot892 View Post
Oh they get it alright. Who do you think the professional fraudsters are? Yep, them Illegals and the employers who hire them are the accomplices. Thus the term Illegals. Should they get it? ABSOLUTELY NOT, but they do.
A plan for $1,000 COVID payments to immigrants illegally in NJ

Quote:
The bill – S2480/A4171 – would require the state Department of the Treasury to issue a one-time payment to ITIN filers, prioritizing families with children. Payments would be $1,000 to taxpayers who listed at least one dependent child on their most recent tax return, $700 for married filers without a dependent child and $500 for other taxpayers.

It’s seen as a way to financially assist people who aren’t eligible for state unemployment benefits, the additional $600 a week in federal unemployment benefits or the $1,200 federal coronavirus stimulus payments because of their immigration status.

“There’s a whole group of New Jerseyans that pay taxes – up to $1 billion in taxes, federal taxes, and $600 billion in taxes to the state budget – who have access to zero one of these programs,” said state Sen. Teresa Ruiz, D-Essex. “They were not included in the federal program. They can’t file for any benefits from their unemployment offices.”

“We started with a small number. We have around 140,000 ITIN New Jerseyans in the state. And this bill would only help around a third of those,” Ruiz said. “But at least we in the Legislature are having that conversation.”


Bill sponsors say California, Massachusetts, Oregon and Washington have taken steps to provide financial assistance for ITIN filers and want New Jersey to be next, despite its financial challenges, including a $10 billion projected revenue shortfall over through June 2021.
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Old 05-22-2020, 07:13 AM
 
80,173 posts, read 78,518,791 times
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as written the care act requires a valid ss number which they can't legally get . so they would have to pass bills to get around it and just use an itin
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Old 05-22-2020, 07:14 AM
 
15,427 posts, read 936,086 times
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Quote:
Originally Posted by Serious Conversation View Post
It is now May.

We're about five weeks beyond the normal 4/15 filing deadline. If someone hasn't filed by now without a good reason, that's basically on them. It is not the fault of the government.

Other than the elderly, how many people can't access a web browser to file a standard tax return at Turbo Tax or whatever in this day and age?

There are plenty of them out there.
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Old 05-22-2020, 07:16 AM
 
Location: Wartrace,TN
6,200 posts, read 9,702,447 times
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Quote:
Originally Posted by mathjak107 View Post
again , there is a lot of myth , hyperbole and stories that circulate about the supposed it health and resources of what we all are supposed to have . however there is no way anyone can really know since there is no more financial census . it is just a random sampling survey for
a long long time .


a lot of that debt is the fact money is the cheapest ever and not all debt is bad debt . at these levels you have more mortgages being taken then ever .

Australia's personal debt levels are the highest in the world ... they have not had a recession in decades .

as experian said , and they see first hand :

" Consumer debt has increased nearly $2.3 trillion since the height of the Great Recession in 2009—growing across almost all debt products to top $14 trillion in 2019. And while high debt often carries a negative connotation, the good news is the average FICO® Scores* of U.S. consumers have never been higher. At the same time, overall delinquency rates are at record lows, according to Experian data, showing that consumers are not only spending, but are generally doing so responsibly.

In addition to responsible repayment, incomes in the U.S. are growing at a rate that is outpacing the growth of debt."
Debt isn't bad until you lose your income and can't make the payments. I suggest the reason many people are struggling despite all the assistance programs is their debt repayment obligations.
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Old 05-22-2020, 07:19 AM
 
15,427 posts, read 936,086 times
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Quote:
Originally Posted by vision33r View Post
The reason why we haven't seen mass looting or riots yet because I think there are enough safety nets in place to keep the streets empty at night in NYC. Sure, crime has risen because that d-bag DeBlasio has let out a lot of criminals to prevent them from getting corona but people aren't breaking down store windows. Instead there is usually a mad dash at the Costco store early to try to beat other shoppers to the usual shortage items.

As long as people are getting handouts I think the economic fallout are retail businesses and local economy that depends on workers.

Amazon warehouse is hiring, Target, Costcos, super markets all hiring all shifts. This is a sign that people are all sitting home laying back and living large on government assistance.
You are sitting fat and enjoy the vacation with your kids per your posts. Have you ever worked warehouse shifts?
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Old 05-22-2020, 07:20 AM
 
80,173 posts, read 78,518,791 times
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Quote:
Originally Posted by Wartrace View Post
Debt isn't bad until you lose your income and can't make the payments. I suggest the reason many people are struggling despite all the assistance programs is their debt repayment obligations.
meh ... we would really need to see a case by case ... there is little when it comes to peoples personal finances that fit in to generalizations or match these supposed statistics .. stats are always skewed or flawed . .
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Old 05-22-2020, 09:08 AM
 
17,804 posts, read 21,958,630 times
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Quote:
Originally Posted by vision33r View Post
I keep reading news of food banks having long lines before it opens up and how dire it is for the recent unemployed. But unless you are an illegal you should have gotten the stimulus check along with unemployment benefits including the Federal additional $600/week bonus.

With rent being frozen at many cities and mortgages getting forbearance. This should help people free up $1500-3000+ in monthly living expenses.

CARES ACT Expands unemployment insurance benefits

Unemployment benefits for each person should receive atleast $1000/week+ with the CARES ACT bonus. That equates to around $4000+/month for the unemployed without having to pay rent or their mortgages for the time being. A couple should receive atleast $2000/week if they are both unemployed.

Isn't that too much assistance?
Wow, you really outdid yourself with this one.

I live in CA. There are people here who applied over a month ago who still haven't gotten a check. Others who can't get online as it has "glitches",and forget calling it actually hangs up on the caller. Our wonderful Governor finally got cornered on that one. In his almost daily briefings on TV telling CA residents what they can and cannot do he never addressed this issue. He also sent one billion, that's right one billion to China to have masks made...LOL. No one knows what happened to the masks, meanwhile residents out of work can't get the benefits. Just marvelous. It's ironic because he is just like Trump in acting without consulting the experts, than having to backtrack. Want to start the schools here in July(for federal money of course, didn't consult with anyone in CA education, he doesn't have the power do it, needless to say it went over like a lead balloon)

Now I know this is an issue in other states as well, the question is how come you don't? Because you seem to have a grasp on what people are getting, so it doesn't make sense you're not aware of this issue. For goodness sake NJ has the same problem. As do many other states.

FYI, the federal benefit is only for 3 months, and rents aren't frozen. They have to pay the money at come point.

People are also being evicted in many states, Arizona, Washington, and Florida to name a few. Landlords are not abiding, and in reality they don't have to, as it's not an actual law. Again all of this is online at your fingertips.

Everyone else on here seems to know this.
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Old 05-22-2020, 09:11 AM
 
17,804 posts, read 21,958,630 times
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Quote:
Originally Posted by Eeko156 View Post
On what planets are rents being "frozen"? There are a handful of cities that have eviction moratoriums.
The OP has a thread on the Parenting forum entitled "How the pandemic has been a blessing for many families"... so there you go.
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Old 05-22-2020, 09:36 AM
 
17,804 posts, read 21,958,630 times
Reputation: 36085
Quote:
Originally Posted by vision33r View Post
The reason why we haven't seen mass looting or riots yet because I think there are enough safety nets in place to keep the streets empty at night in NYC. Sure, crime has risen because that d-bag DeBlasio has let out a lot of criminals to prevent them from getting corona but people aren't breaking down store windows. Instead there is usually a mad dash at the Costco store early to try to beat other shoppers to the usual shortage items.

As long as people are getting handouts I think the economic fallout are retail businesses and local economy that depends on workers.

Amazon warehouse is hiring, Target, Costcos, super markets all hiring all shifts. This is a sign that people are all sitting home laying back and living large on government assistance.
Wow, you think so do you?

I don't know if you're toying with people or the elevator doesn't go to the top floor.

Again you seem to have the numbers down on some things, so IDK how you don't on others.

40 million people have lost their jobs, are those companies you mentioned combined hiring have 40 million jobs, of course they aren't. You think everyone can do those physical jobs due to age or heath issues, of course they cant. Key word here being THINK.

You seem to think from other posts that you're untouchable, well dear no one is. While you and your partner work from home doesn't mean you can't get laid off, you have teenagers and that's great that you're bonding with them, since they may still be living with you in their 30s(might want to think about how dim their future is looking, I feel beyond sad for those now in their 20s and 30s who pretty much had their hopes dashed).

This country is heading towards massive civil unrest, the economic collapse, racial tension worse than over 50 years ago. I experienced the LA riots first hand. We lived under Martial Law for a week, much worse than this lockdown. You were to be in your home at dusk or face being arrested. I will never forget seeing a tank go down Santa Monica Blvd....good times.

People(and I mean all people) had more civility back in 1992, I have had that in the back of my mind since this whole scenario started. But it won't just be LA, it will be all over, might want to think about that one, key word again being THINK.

You sound like Marie Antoinette "let them eat cake", things didn't turn out too well for Marie.

Last edited by seain dublin; 05-22-2020 at 09:58 AM..
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