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

Remo Gaggi

Well-Known Member
Aug 28, 2018
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It's beginning to sound as if the government is planning on sending every adult $1,000 each in the next two weeks. Now we know the average hok fan will squander theirs on cheap beer, cigarettes, pork rinds, prostitutes and meth, but what will you do?

I probably will find some good values in the stock market to spend my money on. Or maybe a used respirator on Craigslist.
 

Sigmapolis

Minister of Economy
SuperFanatic
SuperFanatic T2
Aug 10, 2011
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Waukee
I think they are capping this at like $100,000 -- make too much, no neetbux for you.

None for me. :(
 
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Reactions: isutrevman

Entropy

Well-Known Member
Oct 27, 2008
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Cedar Rapids, IA
source.gif
 

SoapyCy

Well-Known Member
Oct 10, 2012
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grundy center
Household Or per person? Does that mean a couple would get 200,000 limit?
"The plan would apply to every adult tax-filer making less than $100,000 per year, along with an additional $500 for each claimed dependent. Married couples filing jointly that make less than $200,000 per year would be eligible for a $2000 tax-rebate check."
 

SoapyCy

Well-Known Member
Oct 10, 2012
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grundy center
if it's $100,000 per person maximum we would spend our $2,000 on the Iowa 529 plan the get the state tax deduction and then withdraw it to pay for our kid's tuition.
 

BCClone

Well Seen Member.
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Sep 4, 2011
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Not exactly sure.
"The plan would apply to every adult tax-filer making less than $100,000 per year, along with an additional $500 for each claimed dependent. Married couples filing jointly that make less than $200,000 per year would be eligible for a $2000 tax-rebate check."

well that means that they will pay ISU since I get to pay them 2500 so my son can live at home and eat my food instead of theirs now.
 

jsb

Well-Known Member
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Mar 7, 2008
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I'd be curious if it pretax or post tax
 

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