Current Events > So wait is the extra $600/week on UI also happening?

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Resaix
03/27/20 2:00:18 AM
#51:


SK8T3R215 posted...
After tax employed take home pay vs non-taxed UI is how you get to a similar or higher amount to take a vacation.
UI gets taxed... You can either have it taken out or opt to pay it all come tax time, but it's definitely not untaxed
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Dark_SilverX
03/27/20 2:02:17 AM
#52:


Resaix posted...
Well, thank the democrats. Republicans tried to push through an amendment killing this provision off. It failed along party lines
I thank both parties.



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Resaix
03/27/20 2:04:18 AM
#53:


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butthole666
03/27/20 2:11:13 AM
#54:


Also MA (where I was employed) has a jank-ass site and the correspondence requiring action (review) that it sent me is broken so HOPEFULLY MY UNEMPLOYMENT INSURANCE GOES THROUGH

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SK8T3R215
03/27/20 2:12:25 AM
#55:


Resaix posted...
UI gets taxed... You can either have it taken out or opt to pay it all come tax time, but it's definitely not untaxed

When you receive it you don't need withholdings taken.

My entire point is you can be on UI plus the federal $600 and be as good or better from a take home pay standpoint. Thus you can basically get a 4 month paid vacation.

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Dark_SilverX
03/27/20 2:16:48 AM
#56:


Resaix posted...
https://thehill.com/homenews/senate/489589-senate-rejects-gop-attempt-to-change-unemployment-benefits-in-stimulus-bill
Devils in human form.

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sktgamer_13dude
03/27/20 2:21:30 AM
#57:


Imagine thinking getting laid off, furloughed, or your work shut down because of COVID-19 is a vacation.

Yeah, not being able to pay bills and rent is a vacation alright. You 100% explained what is happening right now.

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kingdrake2
03/27/20 2:24:26 AM
#58:


sktgamer_13dude posted...
Yeah, not being able to pay bills and rent is a vacation alright


my landlord won't be pleased if this continues. going to at least be 2-3 tenants unable to pay him. at least i'm not part of that statistic.
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cerealbox760
03/27/20 2:25:24 AM
#59:


tigerslashII posted...
Gonna be interesting seeing people quit their jobs for 4 months to ride those checks.

I already did. I parked my semi truck, canceled my insurance and now I'm just chillen on Reddit and Netflix. Most truckers are boomers and I'm 27. I don't want infect boomers in case I get sick. And I'm not wearing down my truck if i can get free money that I have to pay for via inflation. I would be a fool. Lmao

Besides I got 3 years of video games to catch up. I'm so glad I saved for a rainy day. Now we just need a real estate crash and I'll be set.
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SK8T3R215
03/27/20 2:28:50 AM
#60:


sktgamer_13dude posted...
Imagine thinking getting laid off, furloughed, or your work shut down because of COVID-19 is a vacation.

It is if through UI and the $600 you're getting as much or more each month than when you worked.

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berlyman101
03/27/20 2:31:58 AM
#61:


what a time to be unemployed. There will be a lot of people who will never have had that much money. It's going to do things both positive and negative that we don't even recognize for individuals and the economy.

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cerealbox760
03/27/20 2:38:46 AM
#62:


SK8T3R215 posted...


My entire point is you can be on UI plus the federal $600 and be as good or better from a take home pay standpoint. Thus you can basically get a 4 month paid vacation.
This is what im doing. I been homeless for 3 years and I been saving my money religiously. I see UI as a tax refund for all the taxes I been paying. 4 months of benefits wont begin to cover what I paid into the system.
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butthole666
03/27/20 2:42:22 AM
#63:


I will again state that the $600 is likely intended to allow people stimulate the economy so we do not become a nation if defunct storefronts

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ScazarMeltex
03/27/20 2:43:08 AM
#64:


tigerslashII posted...
Fall asleep on the job, get fired, tell the unemployment guy that you were laid off for the virus. You think they're gonna check you out with thousands of cases coming in every day? Take a number, get a check, next!
Yeah that's not how it works. If you are fired with justification you don't get unemployment. Your employer can contest it with a click of the button since it's all done online now. If you are furloughed, downsized, laid off, or out of work because your employer is out of business, then you get unemployment.

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cerealbox760
03/27/20 2:46:32 AM
#65:


ScazarMeltex posted...
Your employer can contest it with a click of the button since it's all done online now.
What if you're an independent contractor?
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Lord_Wombat
03/27/20 2:52:14 AM
#66:


I'm not going to turn down an extra $600 per week obviously since my job isn't closed, but I'm pretty nervous considering I'd be taking a sizable hit to income if I had to only rely on that $600 per week.

Hopefully this shit is over soon.

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cerealbox760
03/27/20 3:05:39 AM
#67:


Lord_Wombat posted...
Hopefully this s*** is over soon.
Its only beginning. The worst has yet to come.
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devilminion
03/27/20 3:17:15 AM
#68:


cerealbox760 posted...

What if you're an independent contractor?


Independent contractors can't file for unemployment normally, but the bill did say it would expand to allow for them, gig workers and other self-employed peeps. You'll still need pay stubs/1099s to prove it though
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ReiRei89
03/27/20 3:22:42 AM
#69:


I'm furloughed and I can't get unemployment from IL so I'm looking forward to getting this considering furloughed workers are covered.

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Lord_Wombat
03/27/20 5:10:27 AM
#70:


cerealbox760 posted...
Its only beginning. The worst has yet to come.
Yeah, maybe... Honestly I think it's a bunch of horseshit and driving to work is more dangerous than this "epidemic", but yeah, well see how it goes I guess.

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Relient_K
03/27/20 5:39:17 AM
#71:


$600 is more than I make now as an essential employee. This is incredibly frustrating to me, especially with all the "at least you still have work" going on. My job is so much harder right now than it ever was.

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ScazarMeltex
03/27/20 9:32:38 AM
#72:


cerealbox760 posted...
What if you're an independent contractor?
That I can't give you an answer on since they can't normally file unemployment so I have no clue how that's going to work going forward.

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Sackgurl
03/27/20 9:55:53 AM
#73:


SK8T3R215 posted...


My entire point is you can be on UI plus the federal $600 and be as good or better from a take home pay standpoint. Thus you can basically get a 4 month paid vacation.

please attempt to mathematically prove your point

Dark_SilverX posted...
Devils in human form.

so, no longer thanking both parties? just democrats, not republicans who authored this bill without the UI stipulation, bitched and moaned when democrats refused to pass it, fought the democrats' changes to it tooth and nail, introduced a last minute amendment that failed along party lines to strip out what democrats added to it, then finally rolled over and surrendered to democrats when it was clear that they would pass a bill with compromises to democrats or no bill at all?

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SauI_Goodman
03/27/20 9:57:13 AM
#74:


$600 is more than I make now -_- yeah i got a crappy job

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archedsoul
03/27/20 10:05:47 AM
#75:


Sackgurl posted...
please attempt to mathematically prove your point
He's talking about low wage workers up to a threshold. $600 a week is $15 an hour. People get paid way less than that still.

So, even if you get very limited regular UI, you are now making over $15 and you don't even have to work.

As I said in my previous post, that's cool with me and I couldn't agree more with Bernie's stance on it.

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Solid Snake07
03/27/20 10:12:27 AM
#76:


Keith_Valentine posted...
No way in Hell people are getting 600 a week.


If what I've read it correct they definitly are not only getting 600, they'll also get whatever their state pays as well.

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BignutzisBack
03/27/20 10:12:29 AM
#77:


Relient_K posted...
$600 is more than I make now as an essential employee. This is incredibly frustrating to me, especially with all the "at least you still have work" going on. My job is so much harder right now than it ever was.

There are A LOT of people pissed on the finance subreddits. Not saying they are justified but they are upset for the same reason.

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bobbaaay
03/27/20 10:15:08 AM
#78:


We get it - classist CE loves being classist and is saying that isn't a lot of money because they're busy reading PUA reddits and doing cocaine off of "passable 8/10" womens' asses and getting it dusted in their perfect philtrums.

If that's after taxes - then that's roughly what I make at one of the best children's hospitals in the country.
I'm not mad - it's whatever - but to say that's not a good amount of money is crazy. Plus if that's in addition to their normal unemployment? That's more money than I've ever made in my life.
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RchHomieQuanChi
03/27/20 10:20:06 AM
#79:


Nice to know that an essential employee like myself would be making more money if I just didn't have a job

Let me elaborate by saying that I'm not upset that people are getting these benefits, but rather the fact that my wage is low enough for this to be the case.

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Resaix
03/27/20 10:23:37 AM
#80:


bobbaaay posted...
We get it - classist CE loves being classist and is saying that isn't a lot of money because they're busy reading PUA reddits and doing cocaine off of "passable 8/10" womens' asses and getting it dusted in their perfect philtrums.
This is something a peak CEman would say
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bobbaaay
03/27/20 10:25:01 AM
#81:


Resaix posted...
This is something a peak CEman would say

you're a fucking idiot. CE brags about money and is classist 90% of the time - and if you don't get the point of my post you're dense as fuck. fuck off - you're just saying that to try and get me banned you fucking moron
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Resaix
03/27/20 10:27:07 AM
#82:


bobbaaay posted...
you're a fucking idiot. CE brags about money and is classist 90% of the time - and if you don't get the point of my post you're dense as fuck. fuck off - you're just saying that to try and get me banned you fucking moron
OK, I was wrong before. THIS is peak CEman
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bobbaaay
03/27/20 10:28:10 AM
#83:


Resaix posted...
OK, I was wrong before. THIS is peak CEman

No it's not. You're a fucking idiot. go fucking die. if your life revolves around saying factually incorrect shit just to make my life miserable you're a worthless piece of shit
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RchHomieQuanChi
03/27/20 10:28:16 AM
#84:


Resaix posted...
OK, I was wrong before. THIS is peak CEman

Lmfao

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bobbaaay
03/27/20 10:29:06 AM
#85:


you're saying factually incorrect shit just to make me mad. you're a terrible fucking person
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RchHomieQuanChi
03/27/20 10:29:08 AM
#86:


Wait hold up.

Did you just say HE'S trying to get you banned and then follow up with something that you KNOW will get you banned without any provocation? Lmao

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Resaix
03/27/20 10:30:37 AM
#87:


bobbaaay posted...
No it's not...


bobbaaay posted...
you're saying factually incorrect shit just to make me mad...
You know, with each post, the CEman is peaking higher and higher

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SK8T3R215
03/27/20 10:36:38 AM
#88:


Sackgurl posted...
please attempt to mathematically prove your point

Somewhere around $53K or so GROSS pay gets you the max NY payout for UI.

Typical take home pay at that level is about $3300 or so after FICA and tax withholdings.

Now with the additional $600 federal UI plus the max NY UI, you get take home pay of $4400 a month.

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Sackgurl
03/27/20 10:48:45 AM
#89:


UI is taxable income

you do not appear to have accounted for this in your math

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Solid Snake07
03/27/20 10:49:22 AM
#90:


I really don't understand the mentality of people against this. Millions of people have been laid off from no fault of their own or their employer. Are we just supposed to say fuck them, too bad?
I get it if you're frustrated working at the supermarket making less than that, but it's kind of a different issue. And not the pressing one we find ourselves in atm

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Resaix
03/27/20 10:55:24 AM
#91:


Anyone know why that phrase makes bobbaaay so mad?
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SK8T3R215
03/27/20 10:59:36 AM
#92:


Sackgurl posted...
UI is taxable income

you do not appear to have accounted for this in your math

You do not have to have it withheld at time of receipt.

But even in my example go ahead and take the 13% you can have withheld out and they're STILL taking home more money.

So again, you can get this $1100~ a week and come out ahead of where you were for 4 months while sitting at home.

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MonkeyBones23
03/27/20 11:26:57 AM
#93:


So the 600 unemployment benefit is for people who are recently unemployed due to the virus? What if someone has been unemployed for a year? Two years? Does this not cover them?

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Trigg3rH4ppy
03/27/20 11:30:24 AM
#94:


Shit I want laid off

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mach25687
03/27/20 12:16:31 PM
#95:


MonkeyBones23 posted...
So the 600 unemployment benefit is for people who are recently unemployed due to the virus? What if someone has been unemployed for a year? Two years? Does this not cover them?
Nope.

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ScazarMeltex
03/27/20 12:46:02 PM
#96:


MonkeyBones23 posted...
So the 600 unemployment benefit is for people who are recently unemployed due to the virus? What if someone has been unemployed for a year? Two years? Does this not cover them?
Unemployment benefits typically do not last that long.

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Sackgurl
03/27/20 2:23:33 PM
#97:


SK8T3R215 posted...
So again, you can get this $1100~ a week and come out ahead of where you were for 4 months while sitting at home.

so your conclusion is the government has provided an incentive for people of middle and lower incomes, who generally live paycheck to paycheck and are extremely dependent on maintaining their incomes, to stay home during a severe pandemic, yes?

now tell me why that's bad

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SK8T3R215
03/27/20 2:25:33 PM
#98:


Sackgurl posted...
so your conclusion is the government has provided an incentive for people of middle and lower incomes, who generally live paycheck to paycheck and are extremely dependent on maintaining their incomes, to stay home during a severe pandemic, yes?

now tell me why that's bad

Why are you moving goal posts and creating an argument that I never said?

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Sackgurl
03/27/20 2:27:27 PM
#99:


SK8T3R215 posted...
Why are you moving goal posts and creating an argument that I never said?

because you set up your goalposts in a vacuum, and i'm forcing them into the real world, where you're going to catch coronavirus if you go in to work.

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SK8T3R215
03/27/20 2:31:06 PM
#100:


When did I ever say using this to take a paid 4 month vacation is bad?

Everyone else was saying "no its not true you can't get more pay from UI than working!" which I showed was false and said this let's people take a paid 4 month vacation at home with the same or more pay if they choose.

So what the fuck are you trying to argue about something I never said? Because you got BTFO with your other posts?

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