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Current Events > Second stimulus check might have income cut off point at $40,000 a year

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EndOfDiscOne
07/07/20 2:02:13 PM
#53:


*Cancels PS5 pre-order*

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CosmicShadows
07/07/20 2:08:18 PM
#54:


Sweet i definitely still qualify.
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ApoorHollow
07/07/20 2:10:10 PM
#55:


Knarly

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Awesome
07/07/20 2:11:14 PM
#56:


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masticatingman
07/07/20 2:15:19 PM
#57:


BignutzisBack posted...
That better be fucking net pay and not gross
Gross is infinitely easier to keep track of. Determining net pay would take actual legwork.

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Ivynn
07/07/20 2:17:29 PM
#58:


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Sabram
07/07/20 2:19:29 PM
#59:


Well im under that limit still, so i'll get the next check also

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Kyle1022
07/07/20 2:20:16 PM
#60:


Does this still go off your last year's taxes? So people who earned over 40k last year but lost their job months ago to the virus still won't get it? That's fucked up.

SamWincester posted...
Aren't there still extra unemployment benefits in effect?
Only through July 31st, and the Republicans are dead set against extending those benefits...

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BignutzisBack
07/07/20 3:02:36 PM
#61:


They need to raise the threshold above my salary, otherwise this is a disgrace

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EndOfDiscOne
07/07/20 3:04:48 PM
#62:


BignutzisBack posted...
They need to raise the threshold above my salary, otherwise this is a disgrace
This. I'm also in favor of a net worth tax above my net worth.

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Makeveli_lives
07/07/20 3:25:40 PM
#63:


This is bullshit. Average household is like 65k,that should be the cutoff point.

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The23rdMagus
07/07/20 3:27:07 PM
#64:


Makes zero sense for Californians and others with a high cost of living.

...but I'm sure that's the point.

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#65
Post #65 was unavailable or deleted.
Bossdog421
07/07/20 3:29:17 PM
#66:




/s

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daGamexx
07/07/20 3:29:38 PM
#67:


Haha.
No stimulus check for you guys to buy alcohol and video games.

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The23rdMagus
07/07/20 3:30:24 PM
#68:


daGamexx posted...
Haha.
No stimulus check for you guys to buy alcohol and video games.
Or pay my rising bills while waiting on back pay for medical leave.

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daGamexx
07/07/20 3:31:49 PM
#69:


The23rdMagus posted...
Or pay my rising bills while waiting on back pay for medical leave.
Get pwnt

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The23rdMagus
07/07/20 3:32:16 PM
#70:


daGamexx posted...
Get pwnt
Yep, totally pwnt.

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daGamexx
07/07/20 3:32:57 PM
#71:


Yeah American politics, woooooo!

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daGamexx
07/07/20 3:32:57 PM
#72:


Yeah American politics, woooooo!

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ApexEditor
07/07/20 3:44:25 PM
#73:


Giant_Aspirin posted...
why is it tied to income level and not employment status?

Because if there are tons of ways to bankroll without being employed, investors for example, and they don't need stimulus checks.
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Prismsblade
07/07/20 3:46:18 PM
#74:


The payroll tax cut seems like the best option for most people longterm, but lacks the instant gratification of a $1200 lump sum and election are right around the corner unfortunately.

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TonyRodney
07/07/20 3:47:31 PM
#75:


Man, i'm right under that for the most part lol. Give me my monies!

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Antifar
07/07/20 3:47:46 PM
#76:


Income when? A lot of folks make more than 40k in a normal year and not much now.
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Balrog0
07/07/20 3:49:16 PM
#77:


Prismsblade posted...
The payroll tax cut seems like the best option for most people longterm, but lacks the instant gratification of a $1200 lump sum and election are right around the corner unfortunately.

The main argument against a payroll tax cut is that the issue causing unemployment right now is depressed (real) demand rather than the high cost of labor

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assassingriskel
07/07/20 4:11:14 PM
#78:


Kyle1022 posted...
Does this still go off your last year's taxes? So people who earned over 40k last year but lost their job months ago to the virus still won't get it? That's fucked up.

Only through July 31st, and the Republicans are dead set against extending those benefits...
Good

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ChaoticKnuckles
07/07/20 4:14:20 PM
#79:


BignutzisBack posted...
That better be fucking net pay and not gross

Oh itll be gross for sure.

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Bad_Mojo
07/07/20 4:14:46 PM
#80:


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Dark_SilverX
07/07/20 4:16:12 PM
#81:


The23rdMagus posted...
Or pay my rising bills while waiting on back pay for medical leave.


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Kyle1022
07/07/20 4:41:20 PM
#82:


assassingriskel posted...
Good
Good that tons of people will be unable to pay bills or buy food because they were left unemployed or furloughed due to the pandemic?

How is that good? Because a few people took advantage of those unemployment benefits, even though they'll be audited and forced to pay it all back later anyway?

If you really think the unemployment benefits ending soon is "good" then you're a shitty fucking person.

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Awesome
07/07/20 4:46:59 PM
#83:


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JBaLLEN66
07/07/20 4:48:09 PM
#84:


Hell no

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pikachupwnage
07/07/20 4:49:45 PM
#85:


Reasonble if they have measures to adjust for cost of living and children to some extent.

A family of 4 in LA is straight up poor on 40k.

And yeah also only if it can account for the current situation. Lots of people have greatly cut hours or no job at all....

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FreezerDoor
07/07/20 5:00:52 PM
#86:


I hope this is how they give more money cut off those making over 40k and give those who qualify 2k that would be amazing.

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TheGoldenState
07/07/20 5:02:11 PM
#87:


thank god BAH isnt income lol

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Kingbuffet
07/07/20 5:03:12 PM
#88:


Honestly why not just raise the food stamp benefit for everybody too, since grocery stores and farmers are talking about throwing away food. Let the foodstamps stimulate the economy.
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RevivedPacifist
07/07/20 5:06:11 PM
#89:


FreezerDoor posted...
I hope this is how they give more money cut off those making over 40k and give those who qualify 2k that would be amazing.

You disgraceful scumbag, get back in your pot

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Phantom36
07/07/20 5:10:01 PM
#90:


Many people who opened their own business to work for themselves and strived to be successful are making much more than that. They're told they have to shut down their business AND get a big pay cut. See what's happening here folks? This virus with a 99% survival rate is being used as an excuse to strip everyone of their freedoms in the name of "safety" and to turn us into a socialist nation where the common people are entirely powerless. How does everyone not see this?

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Propane4Sale
07/07/20 5:11:32 PM
#91:


Ingenius and sinister bullshit plan from Repubs to separate the middle class even further away from the highly privileged and elites.

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COVxy
07/07/20 5:15:17 PM
#92:


Propane4Sale posted...
Ingenius and sinister bullshit plan from Repubs to separate the middle class even further away from the highly privileged and elites.

Dunno how helping lower and lower middle class people is a specific attack on the middle class, but okay.

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Propane4Sale
07/07/20 5:25:40 PM
#93:


COVxy posted...
Dunno how helping lower and lower middle class people is a specific attack on the middle class, but okay.

Increasing the divide between the rich and everyone else. Old Republican tactic, and also lower middle class in 2020 is basically 55-65k now. So even though I could get money, it's not fair that they don't either.

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assassingriskel
07/07/20 5:38:29 PM
#94:


Kyle1022 posted...
Good that tons of people will be unable to pay bills or buy food because they were left unemployed or furloughed due to the pandemic?

How is that good? Because a few people took advantage of those unemployment benefits, even though they'll be audited and forced to pay it all back later anyway?

If you really think the unemployment benefits ending soon is "good" then you're a shitty fucking person.
Yeah sure these people needed the extra $600? No! They were just lazy bums who did not want too work

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COVxy
07/07/20 5:42:08 PM
#95:


Propane4Sale posted...

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Kyle1022
07/07/20 5:44:57 PM
#96:


assassingriskel posted...
Yeah sure these people needed the extra $600? No! They were just lazy bums who did not want too work
Even with the extra $600 I know plenty of people earning less on UI than they did working. When the extra $600 disappears they will be earning FAR less than what they got working and will be shit out of luck. They would much rather be working and are not "lazy bums."

You sound bitter and jealous. Why not direct your anger at the employers underpaying their employees, instead of at people who lost their job are receiving assistance from the government which doesn't affect you at all?

Don't be a shitty person.


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onedarksoul
07/07/20 5:46:54 PM
#97:


Propane4Sale posted...
Increasing the divide between the rich and everyone else. Old Republican tactic, and also lower middle class in 2020 is basically 55-65k now. So even though I could get money, it's not fair that they don't either.
Inequality did not abate under any Democrat administration

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#98
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lincoln002
07/07/20 5:49:45 PM
#99:


Sweet, I hardly make any money so I'd qualify. I hope they do it.

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BanHammer
07/07/20 5:50:23 PM
#100:


Glad I made $39,999.99.
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Middle hope
07/07/20 5:58:00 PM
#101:


I feel the 75k slope was fair. This, not so much. 40k isnt exactly ballin

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BudDupree48
07/07/20 5:58:35 PM
#102:


Middle hope posted...
I feel the 75k slope was fair. This, not so much. 40k isnt exactly ballin


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