Current Events > Republicans set to unveil Coronacash bill

(+) Yeah! (+)

E32005 posted...

they died.

almost a million in the US alone.

i think 20 million globally

30-50

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Antifar posted...

Just make it fucking universal

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itachi15243 posted...

I'm disabled.

I really hope they still give me some of that extra money

Pessimistically, probably not. Most of the proposals being floated seem like rushed early drafts meant to be the first out of the gate so that they can claim THEY were the ones who "wrote the damn bill", and in most cases aren't well thought out enough to consider special exceptions like the disabled.

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Pretty much everyone wants to means test it, I think only Maxine Waters has a truly universal plan

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s0nicfan posted...

Just so the people saying "just make it Universal" are aware, Pelosi has at least implied that she will reject bills that do not include means-tested payouts.

I'm aware.

If this is the only way it'll pass, so be it, but it's far from ideal
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Not my idea, but... it needs to be $1K per adult per month, $500 per child per month, locked-in until GDP and unemployment return to some normal threshold. Otherwise, McConnell will obstruct anything and everything once Biden is in office, and this one drop in the bucket will be all the American people get.

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Criticizing this for not being universal seems like you're trying to find any way you can to criticize it, especially when a lot of rhetoric has been going around recently about how rich people "don't pay their fair share".
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This is what my ass gets for working under the table in 2018..

God damn I'm fucked..

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s0nicfan posted...

Just so the people saying "just make it Universal" are aware, Pelosi has at least implied that she will reject bills that do not include means-tested payouts. A universal relief bill will not make it past the house.

I'm aware. Pelosi can eat shit for this too.
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What if you made less than 75k?

Like 30, 40 and 50k earners?

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There's very little reason to make it universal. It would be better to just include the poor without income through a special provision than to send out checks to everyone including the very rich, though neither would pass

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Dyinglegacy posted...

What if you made less than 75k?

Like 30, 40 and 50k earners?

You get the full $1,200 per person based on the wording.

The bigger question mark is for people that made between 75 and 100 in 2018. I made like 84 and only claimed the standard deduction so I have no idea where that leaves me.

tremain07 posted...

I didn't make any money last year guess I'm screwed typical republicans

If you made no money last year and are here to this point, how are you screwed?

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Atralis posted...

You get the full $1,200 per person based on the wording.

The bigger question mark is for people that made between 75 and 100 in 2018. I made like 84 and only claimed the standard deduction so I have no idea where that leaves me.

It phases out at like $10 dollars/$500 in income or something

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Balrog0 posted...

It phases out at like $10 dollars/$500 in income or something

Before or after the deduction(s)?

What about students (or NEETs) who didn't make anything in 2018? The article just mentions taxpayers.
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No one is getting a single dollar, don't be so naive CE

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Balrog0 posted...

There's very little reason to make it universal. It would be better to just include the poor without income through a special provision than to send out checks to everyone including the very rich, though neither would pass

You could have situations where people that were doing well in 2018 aren't doing well in 2020. But I guess I don't know how big of a pool those people are
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Damn_Underscore posted...

What about students (or NEETs) who didn't make anything in 2018? The article just mentions taxpayers.

Theyre not getting anything. Rightfully so. If they didnt make any money their whole life, then why do they suddenly 1,200 a month

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Colorahdo posted...

No one is getting a single dollar, don't be so naive CE

Both sides have unveiled a bill, its happening. Why do you think its not

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darkprince45 posted...

Damn_Underscore posted...

What about students (or NEETs) who didn't make anything in 2018? The article just mentions taxpayers.

Theyre not getting anything. Rightfully so. If they didnt make any money their whole life, then why do they suddenly 1,200 a month

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is it entirely based on your 2018 tax return on file with the IRS?

emblem boy posted...

Why is someone that intentionally wants to do but stay in their basement playing video games suddenly entitled to money that tax payers earned. Note Ill probably get close to nothing I made 85 for that year

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emblem boy posted...

You could have situations where people that were doing well in 2018 aren't doing well in 2020. But I guess I don't know how big of a pool those people are

The better argument to me is that cost of living varies drastically, so we should adjust the income cap up. Just imo. I don't see the logic behind subsidizing millionaires either. A ubi is one argument, but this is a stimulus package. The really wealthy are gonna get plenty of help in other ways

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found my other uncle earlier lost his job for a month due to the corona closure. thank god he had taxes
visited today told the news.
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Is this based on taxable income or gross?

darkprince45 posted...

emblem boy posted...

Why is someone that intentionally wants to do but stay in their basement playing video games suddenly entitled to money that tax payers earned. Note Ill probably get close to nothing I made 85 for that year

I mean, what someone did in 2018 can be different than what they're doing now or how much help they need now.

Balrog0 posted...

emblem boy posted...

You could have situations where people that were doing well in 2018 aren't doing well in 2020. But I guess I don't know how big of a pool those people are

The better argument to me is that cost of living varies drastically, so we should adjust the income cap up. Just imo. I don't see the logic behind subsidizing millionaires either. A ubi is one argument, but this is a stimulus package. The really wealthy are gonna get plenty of help in other ways

True
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Atralis posted...

Before or after the deduction(s)?

After

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emblem boy posted...

Is this based on taxable income or gross?

Adjusted gross income

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Oh shoot AGI doesn't include standard deduction

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I hope this goes through. Both of my parents' jobs just got shut down.

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darkprince45 posted...

Theyre not getting anything. Rightfully so. If they didnt make any money their whole life, then why do they suddenly 1,200 a month

Ah yes, cause young adults who were still living at home in 2018 due to their age or student situation, but have since moved out and are struggling to get their financial lives started even before all this happened but only started working full time in the past year or so can just go fuck themselves then?

A lot of young adults don't have familial support but for whatever reason, due to age or whatever else, didn't have a tax return in 2018. What the fuck do you expect them to do when their restaurant jobs they were working and living paycheck to paycheck on out of necessity closed down because of all this?

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lilORANG posted...

Socialism is scary, right Republicans?

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emblem boy posted...

You could have situations where people that were doing well in 2018 aren't doing well in 2020. But I guess I don't know how big of a pool those people are

That's going to be a very big pool of people. How many people got yeeted out of their jobs last week alone? We could be heading towards 20% - 25% unemployment in no time.

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If it make you NEETs feel any better, I'm not getting anything under this plan either.

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2018 sounds dumb. That would screw over a bunch of my younger family members who weren't working in 2018.

I remember similarly getting screwed with the Bush stimulus. I hadn't worked the tax year they needed.

They should be doing it how they do Medicaid in most states. How much have you made so far and how much did you intend to make for the rest of this year. If they lied, they get taxed next year.

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archedsoul posted...

2018 sounds dumb. That would screw over a bunch of my younger family members who weren't working in 2018.

I remember similarly getting screwed with the Bush stimulus. I hadn't worked the tax year they needed.

They should be doing it how they do Medicaid in most states. How much have you made so far and how much did you intend to make for the rest of this year. If they lied, they get taxed next year.

If they don't have 2018, they should file their 2019 taxes immediately. The will use the 2019 tax returns if it's available.

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WafflehouseJK posted...

Ah yes, cause young adults who were still living at home in 2018 due to their age or student situation, but have since moved out and are struggling to get their financial lives started even before all this happened but only started working full time in the past year or so can just go fuck themselves then?

A lot of young adults don't have familial support but for whatever reason, due to age or whatever else, didn't have a tax return in 2018. What the fuck do you expect them to do when their restaurant jobs they were working and living paycheck to paycheck on out of necessity closed down because of all this?

do you know what a neet is

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There's no way to nibble around the edges here that won't leave someone out who shouldn't have been left out, and time is of the essence.
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Polycosm posted...

We could be heading towards 20%

there's already a forecast with 20% unemployment rate which equates to 1 in 5 adults having issues finding a job.
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darkprince45 posted...

do you know what a neet is

Do you know what a student is?

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Colorahdo posted...

No one is getting a single dollar, don't be so naive CE

That's just not true! Corporations (who are people!) will be getting billions if not trillions in bailout money!

Bernie Sanders with a tear in his eye.

This is bullshit. I worked in 2019 but not in 2018. So I get shit even though I'm fucking working right goddamn now. People with more money than me will get free money and I who am poor get nothing

Yeah this absolutely should be universal

Woohoo $3500 in Trump bucks!

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Zikten posted...

This is bullshit. I worked in 2019 but not in 2018. So I get shit even though I'm fucking working right goddamn now. People with more money than me will get free money and I who am poor get nothing

Considering 2018 is the latest year the givernment can be fairly certain they have a complete tax liability list, it makes sense to base the checks on that.

2019 taxes aren't due for a month. *shrug*

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Numenor posted...

Considering 2018 is the latest year the givernment can be fairly certain they have a complete tax liability list, it makes sense to base the checks on that.

2019 taxes aren't due for a month. *shrug*

Yeah but nobody is upset because of how they intend to means test, theyre upset because its being means tested in the first place.

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CommonJoe posted...

Yeah but nobody is upset because of how they intend to means test, theyre upset because its being means tested in the first place.

Well if you are already on unemployment or welfare those checks are not going to stop. Why do they need more money when their income isn't affected in the first place?

High income earners... yeah they don't need it. Though there is some argument that small business owners could be hit here as they tend to file their earnings under their own income.

So it makes sense to limit the checks to those who are on the low end of the tax payer income lists.

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Turtlemayor333 posted...

I would love to know the justification from basing this off two year old tax returns

Use your brain.

2019 taxes aren't even due yet.

You can't make relief based on tax form submission that's not even required yet that basically forces everyone to do their taxes immediately to get relief.

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Numenor posted...

Well if you are already on unemployment or welfare those checks are not going to stop. Why do they need more money when their income isn't affected in the first place?

High income earners... yeah they don't need it. Though there is some argument that small business owners could be hit here as they tend to file their earnings under their own income.

So it makes sense to limit the checks to those who are on the low end of the tax payer income lists.

And as people have pointed out, that overcomplicates the solution and pushes its effects farther down the road. People need it now.

PEOPLE. NEED IT. NOW.

They need to grow the fuck up and get this shit done NOW.

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