Posted on 03/19/2020 1:43:44 PM PDT by Red Badger
Find a way to put it in a stock market fund. The market is way oversold and if you put this in now, the kid will be set when he turns 18 (or 21).
Been there,done that and barely saved my mother from losing all her life savings. No thanks.
McConnell is introducing a plan where couples making less that $150k and individuals making less than $75k will get $2400 and $1200 respectively.
https://www.foxnews.com/politics/mcconnell-coronavirus-stimulus-plan-payments
Extend the unemployment benefits for laid off workers and leave the rest. It would be cheaper and less damaging to the economy. Don’t just throw money out the window to everyone.
Sure. People making more than $75,000 don’t get coronavirus, won’t require hospitalization, and certainly won’t lose their jobs. They only pay through the nose out of their 401k.
“How do I decline the checks?z”
Don’t. Just look at it as a refund of some of your tax for wretched wasted expenditures by the the filthy government.
My Facebook is filled with pissed off people. Since when is 75k with kids and student loans considered rich in this country?
I’m sorry that didn’t work out for your mom.
FReegards, SanchoP
Our nation cannot afford this ridiculous bribe giveaway proposal !
Our Constitution is being shredded all over the country, and THIS F'ING INSANITY HAS GOT TO STOP ! !
The 'little guys' that you purport to empathize with are being driven into the ground by the states' usurpations and in another week or two untold numbers of small businesses will be destroyed.
There's being rationally proactive, and then there's being hysterical.
We've already crossed the line into the latter's territory.
signed,
tomkat - one of your most ardent supporters
Will people have to submit tax returns first? How else will they know who makes under 75?
Some new news out of the late night/overnight radio talk show “Red Eye Radio”....they reported that the $75K upper limit is apparently for IRS “single” status....”married” status would be $150K...the helicopter $$ check being reduced by $5. for every $100. over those base #’s. More to come I am sure...bill is still “preliminary”. (Based on 2018 returns, or 2019 return if no 2018 filed).
They’ll probably just go by the most recently available info. Since the point is to dump money into the economy I don’t their terribly concerned about giving money to the “wrong” people.
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