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To: little jeremiah
BTW - do you or does anyone know if this payment or whatever it’s called in this bill to inviduals is only citizens (hope so), or just tax payers, or ...?

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Citizens only, so at least theoretically taxpayers if they have enough taxable income. I think the payments also taper off at higher incomes, but have seen no details on this.

Also, only U.S. domiciled companies ... which excludes the cruise lines (and many others) who are domiciled (at least the entity showing profits) in Bermuda, Caymans or other places to avoid U.S. taxes.

Actually ... on second thought ... I'm not sure all the entities avoiding taxes this way are excluded ... if they also have U.S. subsidiaries (set up to not show a profit) ... more research needed ...

983 posted on 03/28/2020 11:28:35 AM PDT by Disestablishmentarian (the right of the people peaceably to assemble)
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To: Disestablishmentarian

Thanks, I’m not thinking about companies, just individuals. A neighbor called and is asking DH about this, he’s on SSI and wondering if people who don’t pay taxes, on fixed incomes or whatever, will be eligible.


985 posted on 03/28/2020 11:31:52 AM PDT by little jeremiah (Courage is not simply one of the virtues, but the form of every virtue at the testing point.)
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