2020 Politics Thread - Enter At Your Own Risk - RULES IN OP

[chezball]

Originally Posted by RogerGodahell

You think? That's what i was trying to say yesterday.

People wont want to go back to work. Why would they?

A little thing called proud, isn't that money taxable or did they wave that too?

[Soxfanguy]

Originally Posted by chezball

A little thing called proud, isn't that money taxable or did they wave that too?

Wouldn’t surprise me if they did

[preakness]

Trump 2020
N Haley 2024
I Trump 2032
Eric Trump 2040
Soxfanguy 2044

[mnvikingstwins]

I propose we refund federal income tax from checks Jan 1 to March 1 this and scrap the $1200 nonsense, cap it at like $2500 per person. Covers everyone's standard of living, doesn't pay people who aren't out money from virus, and doesn't encourage unemployment in future. Could also add like $1000 strictly to those collecting unemployment for less than 3 months

[mattglet]

Originally Posted by mnvikingstwins

I propose we refund federal income tax from checks Jan 1 to March 1 this and scrap the $1200 nonsense, cap it at like $2500 per person. Covers everyone's standard of living, doesn't pay people who aren't out money from virus, and doesn't encourage unemployment in future. Could also add like $1000 strictly to those collecting unemployment for less than 3 months

Doesn't matter. It's done.

[fulltritty]

Originally Posted by preakness

Trump 2020
N Haley 2024
I Trump 2032
Eric Trump 2040
Soxfanguy 2044

But does he receive more votes than BO posts he'll rack up by then?

[RogerGodahell]

Originally Posted by chezball

A little thing called proud, isn't that money taxable or did they wave that too?

I understand that but there will be a lot of people who milk it for all it's worth too. I personally think they should have capped it at 100% of someone's regular salary. To be making double what you regularly earn is ludicrous. And yes i think the waved the tax on the $600 bonus checks.

[NeedChapmans]

Originally Posted by RogerGodahell

I understand that but there will be a lot of people who milk it for all it's worth too. I personally think they should have capped it at 100% of someone's regular salary. To be making double what you regularly earn is ludicrous. And yes i think the waved the tax on the $600 bonus checks.

Still taxable. All unemployment benefits are still taxable. The stimulus checks (as of now) are not.

[blackbears86]

Originally Posted by NeedChapmans

People are gonna make some serious bank dude. It's crazy!

Once people figure out how much money they will make by being unemployed, the abuse and fraud will spread like wildfire.

[blackbears86]

Originally Posted by RogerGodahell

I understand that but there will be a lot of people who milk it for all it's worth too. I personally think they should have capped it at 100% of someone's regular salary. To be making double what you regularly earn is ludicrous. And yes i think the waved the tax on the $600 bonus checks.

Democrats----These people affected by this need some help!
Republicans---Hold my beer

[free2131]

Originally Posted by preakness

Trump 2020
N Haley 2024
I Trump 2032
Eric Trump 2040
Soxfanguy 2044

I bet I know what his platform will be!!

[LVDan]

Because I’m skipping tv for the most part I’m checking in here for updates. Usernames unnecessary for the most part, I can simply label most posts as Fox or CNN and move on. Question:
So the stimulus will come from the Feds.
Regular unemployment through the state.
What is this extra $600(per week?!)I’m reading about and would that be added to reg unemployment check or paid by the feds directly?


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[blackbears86]

Originally Posted by LVDan

Because I’m skipping tv for the most part I’m checking in here for updates. Usernames unnecessary for the most part, I can simply label most posts as Fox or CNN and move on. Question:
So the stimulus will come from the Feds.
Regular unemployment through the state.
What is this extra $600(per week?!)I’m reading about and would that be added to reg unemployment check or paid by the feds directly?


Sent from my iPhone using Tapatalk

hope all is well LVDan.

[blackbears86]

Originally Posted by mattglet

Wow, I completely missed the $600/week kicker. That seems... excessive.

Trump and his minions trying to do their best to manipulate this crisis to their advantage.

[RedSoxFan28]

@BostonGlobe
The United States now leads the world in confirmed coronavirus cases, with more than 80,000.

[NeedChapmans]

Originally Posted by LVDan

Because I’m skipping tv for the most part I’m checking in here for updates. Usernames unnecessary for the most part, I can simply label most posts as Fox or CNN and move on. Question:
So the stimulus will come from the Feds.
Regular unemployment through the state.
What is this extra $600(per week?!)I’m reading about and would that be added to reg unemployment check or paid by the feds directly?


Sent from my iPhone using Tapatalk

Paid by the feds, through the state. Everyone on unemployment gets an extra $600 per month for four months. On top of state benefits.

On top of stimulus check.

[LVDan]

Originally Posted by blackbears86

hope all is well LVDan.

Thanks brother. We’re doing pretty well. The wife took a 25% pay cut and is working 6 days a week, 10 hour shifts from home. I’m furloughed for 60 days but with unemployment+ and selling some cards we should make it through in decent shape. Hope all is well with you and yours.


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[Tnooky]

Originally Posted by RedSoxFan28

@BostonGlobe
The United States now leads the world in confirmed coronavirus cases, with more than 80,000.

We’re basically the only ones doing large amounts of tests/telling the truth most likely. Why does Italy have 7x our deaths, yet less reported cases? It’s all BS.

[blackbears86]

Originally Posted by LVDan

Thanks brother. We’re doing pretty well. The wife took a 25% pay cut and is working 6 days a week, 10 hour shifts from home. I’m furloughed for 60 days but with unemployment+ and selling some cards we should make it through in decent shape. Hope all is well with you and yours.


Sent from my iPhone using Tapatalk

Sorry about your wife working so much, Hopefully we all can get through this quickly.

[preakness]

Originally Posted by RedSoxFan28

@BostonGlobe
The United States now leads the world in confirmed coronavirus cases, with more than 80,000.

Think chinaaa is at 82k

[NeedChapmans]

Originally Posted by NeedChapmans

Paid by the feds, through the state. Everyone on unemployment gets an extra $600 per month for four months. On top of state benefits.

On top of stimulus check.

Per week. Sorry.

[LVDan]

Originally Posted by NeedChapmans

Paid by the feds, through the state. Everyone on unemployment gets an extra $600 per month for four months. On top of state benefits.

On top of stimulus check.

Thank you sir. $600/ month makes more sense. I wonder if they whack it up and add to the regular weekly checks or it’s a separate payment(probably). When would this unemployment “bonus” come through, late April- mid May? I’m assuming it will be retro to your 1st week of benefits?


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[Siberian13]

Originally Posted by preakness

Think chinaaa is at 82k

USA is over 83k. USA is #1 like everything.

[blackbears86]

Originally Posted by NeedChapmans

Paid by the feds, through the state. Everyone on unemployment gets an extra $600 per month for four months. On top of state benefits.

On top of stimulus check.

State benefits
plus $600 per week for 4 months
plus the Fed rebate check


Correct?

[chezball]

Originally Posted by NeedChapmans

Still taxable. All unemployment benefits are still taxable. The stimulus checks (as of now) are not.

I posted this in the CV thread.

https://www.msn.com/en-us/money/pers...Uxb?li=BBnb7Kz


Some of the logistical details aren't yet entirely pinned down, but one aspect that could cause considerable confusion is in determining income for purposes of the legislation. In an effort to get the checks out as quickly as possible, the federal government apparently intends to use 2018 reported income as filed on federal tax returns in determining eligibility. However, some believe that the final legislation could treat the payments as an advance credit that will be verified on 2020 tax returns. That raises the question of whether taxpayers will have to establish their eligibility again based on 2020 income levels -- and potentially have to pay back their stimulus checks if their income rose between 2018 and 2020.