What Will You Spend Your $1,000 Stimulus On?

[isufbcurt]

Of course it is. Did anyone honestly think this would just be "free" money?

see post 443

 

[BCClone]

The bill agreed to by the Senate allows for 4 months of unemployment at the current salary.

However, 3 Republican Senators are taking issue with it,

If your wife already applied she got benefits under the normal way since this hasn't been passed into law yet.

Apparantly the bill is $600/week or month (not positive) no matter your benefits or salary.

 

[JVAR]

A new set of irons! I wish. I am married with kids, so you know how that will turn out LOL.

 

[Rabbuk]

A new set of irons! I wish. I am married with kids, so you know how that will turn out LOL.

Fruit snacks

 

[3TrueFans]

Fruit snacks

Fruit Smiles are pretty dope so that’s still a win

 

[DukeofStratford]

Football Tickets!!

 

[SoapyCy]

How are they going to apply this to people who have passed away? If they use 2018 returns, I am guessing there are a lot of people deceased between 2018 and today.

Or all the boomers willing to die for the economy. Just think of how much better we'll all be with each of the extra $1200 checks in the federal coffers

 

[isufbcurt]

Apparantly the bill is $600/week or month (not positive) no matter your benefits or salary.

It's an extra $600 per week on top of your normal benefits for 4 months

 

[BCClone]

It's an extra $600 per week on top of your normal benefits for 4 months

I have a buddy who works at a place where he has great benefits but pay is a little less than 20/hour. Him and his wife work there. Figure that is 800/week each. Usually 60% or so unemployment covers, that’s 480. With 600 more that puts him at 1080 not working. He is hoping they get shutdown for a couple months.

 

[brianhos]

NO. The way I read the bill is that this is a 2020 tax credit. They are just giving you a check for it now instead of a credit on your 2020 tax return.

So if you qualify in 2018, but not 2019, and you get a check based on 2018, is that going to be bad later?

 

[BCClone]

So if you qualify in 2018, but not 2019, and you get a check based on 2018, is that going to be bad later?

Hearing possible jail time.

 

[ianoconnor]

I have a buddy who works at a place where he has great benefits but pay is a little less than 20/hour. Him and his wife work there. Figure that is 800/week each. Usually 60% or so unemployment covers, that’s 480. With 600 more that puts him at 1080 not working. He is hoping they get shutdown for a couple months.

This is why some of those senators pushed back. There are people who would potentially make more unemployed.

 

[ISUCyclones2015]

Damn, our youngest son lives close to downtown Dallas, in one the trendy neighborhoods, and he is only paying $1800 a month.

Uptown?

 

[06_CY]

Hearing possible jail time.

And being forced to wear black and yellow.

 

[isufbcurt]

So if you qualify in 2018, but not 2019, and you get a check based on 2018, is that going to be bad later?

Bad I don't think is the right word. Think of it as if they decided to send you a check now for the 2020 child tax credit rather than waiting until filing time and reducing your taxes by that amount.

 

[bos]

Uptown?

Funk you up

 

[BCClone]

And being forced to wear black and yellow.

Man, I would take ten nut kicks each day before that.

 

[ClonesTwenty1]

Sounds like the House Dems are going to push for two rounds of checks when they get the bill.

 

[BCClone]

Sounds like the House Dems are going to push for two rounds of checks when they get the bill.

Pass the stinking thing and then introduce another one if they feel they need to. They are going to hold this thing up while it's already going to be 45-60 days before anything gets rolling, not good to hold it up.

 

[Dingus]

If they’re not giving the money to everyone, the income threshold needs to be a lot lower than $150,000 for a couple. Why does a couple making $150k who continues to make their paycheck while working from home deserve $2400?