Bigfoot
.475 A&M Magnum
I purchased a new crossbow with my last stimulus payment.
Meh, WTF ya gonna do? These things happen.
Meh, WTF ya gonna do? These things happen.
Biden’s plan to take most of our new promised stimulus checks
- Thread starter Saltwater60
- Start date
Jmac00
.475 A&M Magnum
i invested my stimulus in my TDAmeritrade account, and im doing very well with that decision
Mr. terzmo
.308 Win
Yes...the "middle class" Hard working fiscally solid people who SHOULD get the money instead of lazy, system using people who suck the life out of the economy and laugh
Saltwater60
.950 JDJ
Ok? So it’s my money to begin with, it’s stimulus money meant to stimulate the economy and I’m doing just that with it. My problem with giving it to the poor is they will loss it away. They won’t pay their back rent and they will be bitching when it’s time to evict. Then the owners of the rental will be bitching I need a bailout so we will pay those stupid people twice with my money. Not my fault they made bad choices. I still pay my rent and I’m stimulating the economy with that money.
Although at this point I’ve pretty much said I will only buy what I need. Today my goal is to damage the economy as best I can to hopefully sabotage the current administration. I hope other agree and will join in.
Mr. terzmo
.308 Win
Not worried that one common ordinary person,like myself,can damage the economy but isn't the plan like cutting off your nose to spite your face?
BDinPutnam
.475 A&M Magnum
Yeah but its not "your money" even.
The government printed what, almost 8 trillion dollars in the past 12 months?
I have no problem with RELIEF payments to those who need it. My beef is with STIMULUS payments broadly sent out to stimulate demand which already exists. Early in this thing you could make a case for it but now, not so much.
Saltwater60
.950 JDJ
Seems like he changed course and wants to steam ahead with it. He was likely just testing the waters and watching social media. People sound pissed that he wanted to cut the income cap. Now the news is blaming republicans.
You are right I’ll be fine without it but the whole thing losses me off. You’re right we can’t afford it but the used it to win the GA election then wanted to back off of it. I’m sure Biden got slapped and said no you have to do this or it’s a real bad start to your presidency. We will see what actually gets passed. Either way it’s bad.
Also I’m not sure the demand is there or if the companies are having trouble making and getting components to make items. I heard they are having trouble getting components to make new cars. Who knows what the truth is anymore honestly. I sure don’t.
Mr. terzmo
.308 Win
Unfortunately there is no longer any truth in any media. Broadcasters are allowed to point out their own views and 70 years ago the only person allowed tp do that was the editor and usually only done once a week. Reporters were kept to a code...a code that didn't support false reporting or their own opinion. With an Editors column...a person knew the stance of the paper's owner/owner's.
Saltwater60
.950 JDJ
True. The news is more like a talk show now than actual fact reporting. News caster shouldn’t cry when a president gets elected or get giddy. If they do they should be fired. I get crying over 9/11 or being happy for the feel good story of the day but all others should be facts only.
Blimey
.450/400 Nitro Ex
I haven't, and still don't, see stimulus checks given to gainfully employed americans as much different than a temporary UBI. I didn't and still don't support them to people who've maintained their jobs.
In any case an interesting tidbit: your 2020 stimulus checks were based on the amount of your income in 2020. But since the gov didn't know that, it looked at 2019 returns to guess as to your 2020. Now the fun part: if your 2019 income said you get, let's say $1000 and your 2020 income was much lower, so you should have gotten $1500, you will get the $500 difference. But if your 2019 income said you should get $1000 and your 2020 income said you should get $500, do you have to pay back that $500 when you file 2020 taxes? Amazingly (to me), no you do not. IRS said they won't come clawing back this stuff. So if your income was $50 M last year but $30k in 2019 you got your full stimulus check and still pay none of it back
In any case an interesting tidbit: your 2020 stimulus checks were based on the amount of your income in 2020. But since the gov didn't know that, it looked at 2019 returns to guess as to your 2020. Now the fun part: if your 2019 income said you get, let's say $1000 and your 2020 income was much lower, so you should have gotten $1500, you will get the $500 difference. But if your 2019 income said you should get $1000 and your 2020 income said you should get $500, do you have to pay back that $500 when you file 2020 taxes? Amazingly (to me), no you do not. IRS said they won't come clawing back this stuff. So if your income was $50 M last year but $30k in 2019 you got your full stimulus check and still pay none of it back
holdover
.475 A&M Magnum
I haven't received the 600 or the 2000. I would clear up a bill or invest it if I do.
Saltwater60
.950 JDJ
From me yes. They will exclude the people who they will give the money to this round.
Saltwater60
.950 JDJ
Democrats are moving to propose a new $1,400 stimulus-check plan that cuts the number of people eligible for relief
A new proposal from Democrats could limit the number of people who receive direct relief payments as some in Congress push to tighten eligibility.
www.businessinsider.com
Bigfoot
.475 A&M Magnum
From the link...
Democrats are moving to propose a new $1,400 stimulus-check plan that cuts the number of people eligible for relief
A new proposal from Democrats could limit the number of people who receive direct relief payments as some in Congress push to tighten eligibility.
"The timing of the stimulus payments depends on when the larger relief packages are enacted. Democrats in both chambers of Congress have kicked off the reconciliation process to prepare the approval of the entire $1.9 trillion package without any Republican votes."
What's up with that?
"to prepare the approval of the entire $1.9 trillion package without any Republican votes."
All this talk reminds me of PIRATE TREASURE. Which is a fantasy. And utter nonsense.
We spent every doubloon pretty much instantly, on whores and rum.
As such, even with this new lowered bar, whatever these Socialist Assholes send me, I will soon fritter away.
On whores and rum.
We spent every doubloon pretty much instantly, on whores and rum.
As such, even with this new lowered bar, whatever these Socialist Assholes send me, I will soon fritter away.
On whores and rum.
gun_slinger_boy
.338 Win Mag
We're on a forum arguing about money that was stolen from us in the first place.
Shadow2
6.5 Creedmoor
Well the Dems do want equality for all. They just don't explain everyone will be in impoverished.
Saltwater60
.950 JDJ
If the republicans had balls they would have done the same with national concealed carry. They don’t so they failed. The republicans would do the same thing. Biden and the democrats campaigned on it and won so why should we expect differently. I’m sorry but I can’t blame them for moving forward on what they promised and won on to the American people. I attribute the republicans being obstructionist on this to them losing GA. I feel if they would have given $2,000 last go around the Republicans would have held the senate.
Catskillkid
.450/400 Nitro Ex
Not giving the $2000 checks was a boondoggle. I agree that it cost them the Senate and now we already have Kamala casting tie breaker voted. Expect to much more of that going forward.
Bigfoot
.475 A&M Magnum
I thought that the $600 instead of the $2000 for those that qualify was because of the Democrats. IDK, it can be hard to keep all of this stuff straight sometimes.
Steal2B
.700 Nitro Express
As I have posted before it was Mitch McConnell who stopped it. They had two tastes at the well and Mitch accepted the Tax Reform package for one that passed, and accepted Obamacare repeal for the other that failed. He would not accept multiple major moves on a reconciliation package, nor an individual bill that would not clear Cloture even though there was support for both in Congress. In spite of supporting SCOTUS appointments (and I am not convinced any of the three are true Constitutionalists or could compare to Scalia or Thomas) swamp monster McConnell has not been good for either our Conservative electorate or the Constitutional Republic. FUMM
Vinson57
.475 A&M Magnum
I know a military family in Germany even gets the stimulus, how about 6 x 1400 and I am glad for them as I also believe, military pay should of never been taxed as its Orwellian to hand out money and take part of it back. Same with social security. Anything past base pay, that's fair game.
The stimulus for these overseas family more likely to pay down debt that go buy more stuff as all the got is the BX/PX and in the end, can only get so much stuff.
Real reasons: Pacify the masses and crash the economy to include the dollar, this helps getting there.
The stimulus for these overseas family more likely to pay down debt that go buy more stuff as all the got is the BX/PX and in the end, can only get so much stuff.
Real reasons: Pacify the masses and crash the economy to include the dollar, this helps getting there.
1075tech
.338 Win Mag
I'll remember that should we meet up next week
misunderestimated
.223 Rem
Pumps Away, the point of no pressure change. Loved that Book