Current Events > California to start giving out stimulus checks this week.

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ZannoL
10/03/22 1:32:14 PM
#1:


https://www.cnet.com/personal-finance/taxes/california-inflation-relief-payments-going-out-next-week/

Starting this month, qualified California residents will begin to receive one-time inflation-relief payments of as much as $1,050. Whether you're eligible for the Middle Class Tax Refund -- and how much you could receive-- depends on your income, residency, filing status and household size.

The refunds are part of a $12 billion relief effort approved this summer by state lawmakers. The plan "prioritizes getting dollars back into the pockets of millions of Californians who are grappling with global inflation and rising prices" Gov. Gavin Newsom said in a June 26 statement.

Starts being sent out on the 7th of this month.
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FL81
10/03/22 1:34:04 PM
#2:


fighting inflation by inflating the economy further

genius

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Prismsblade
10/03/22 1:35:02 PM
#3:


I'm not seeing how this is going to help, it's just poring even more money into the market.

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ZannoL
10/03/22 1:36:16 PM
#4:


Keep in mind that it's not just California. It's a whole bunch of other states as well: https://www.forbes.com/advisor/personal-finance/states-gas-stimulus-checks/

Georgia, Florida, Colorado, etc. etc. etc.
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Turtlemayor333
10/03/22 1:42:06 PM
#5:


FL81 posted...
fighting inflation by inflating the economy further

genius
Inflation happened because of the trillions of dollars printed and dumped directly into the stock market, not stimulus checks

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Payzmaykr
10/03/22 1:43:00 PM
#6:


Who qualifies?

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_DonLorenzo
10/03/22 1:43:46 PM
#7:


ZannoL posted...
Keep in mind that it's not just California. It's a whole bunch of other states as well: https://www.forbes.com/advisor/personal-finance/states-gas-stimulus-checks/

Georgia, Florida, Colorado, etc. etc. etc.
no no no delete this.

Californa bad!

Texas good!

We need to fight inflation with GUNS! MORE GUNS! AND BANNING ABORTION!
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Master_Bass
10/03/22 1:44:16 PM
#8:


I wish my state didn't have such worthless lawmakers. Our Governor wants to give us a payout too, but the General Assembly is filled with worthless clowns.

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Lost_All_Senses
10/03/22 1:47:47 PM
#9:


.....*waits for meme*

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DemonBuffet
10/03/22 1:47:58 PM
#10:


How about raising the states minimum wage instead of putting a little bandaid?

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TendoDRM
10/03/22 1:52:20 PM
#11:


DemonBuffet posted...
How about raising the states minimum wage instead of putting a little bandaid?

I mean, that's also happening. It's $15/hr currently and rising to 15.50 at the beginning of 2023. Still too low but better than most states.

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NoxObscuras
10/03/22 1:53:22 PM
#12:


https://gamefaqs.gamespot.com/a/user_image/8/1/4/AAQgjdAADkOe.jpg

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Squall28
10/03/22 1:55:39 PM
#13:


FL81 posted...
fighting inflation by inflating the economy further

genius

Eheu

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Questionmarktarius
10/03/22 1:58:28 PM
#14:


FL81 posted...
fighting inflation by inflating the economy further
about the only thing that's ever actually fought inflation was removing a bunch of zeroes from the currency.
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emblem-man
10/03/22 2:23:14 PM
#15:


Questionmarktarius posted...
about the only thing that's ever actually fought inflation was removing a bunch of zeroes from the currency.

They should increase taxes. Seems like a good deflationary move

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TheGoldenEel
10/03/22 2:23:57 PM
#16:


FL81 posted...
fighting inflation by inflating the economy further

genius
Yeah this is america; the money should just be going to corporations

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BloodMoon7
10/03/22 2:28:03 PM
#17:


Gimmy stimmy

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Lanzol
10/03/22 2:43:14 PM
#18:


FL81 posted...
fighting inflation by inflating the economy further

genius

It's definitely not the best way to combat this but people are either too dumb or too arrogant to realize capitalism has evolved into the grossest kind of corpocracy

We need a LOT more socialist policies to get anywhere close to a fix for this
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Squall28
10/03/22 2:43:33 PM
#19:


TheGoldenEel posted...
Yeah this is america; the money should just be going to corporations

Nice what about ism bro

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Naysaspace
10/03/22 2:44:52 PM
#20:


Lol nothing for the poor though, right?
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EmbraceOfDeath
10/03/22 2:45:48 PM
#21:


FL81 posted...
fighting inflation by inflating the economy further

genius
Adding money to the existing money pool creates meaningful inflation, not moving existing money around.

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theAteam
10/03/22 3:10:18 PM
#22:


Someone making $75k gets $50 more than someone making $250k

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Questionmarktarius
10/03/22 3:16:04 PM
#23:


emblem-man posted...
They should increase taxes. Seems like a good deflationary move
You can't fight inflation by making everything cost more.
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emblem-man
10/03/22 3:21:42 PM
#24:


Questionmarktarius posted...
You can't fight inflation by making everything cost more.

Isn't increasing taxes a deflationary measure?
I mean income taxes by the way

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CM_Ponch
10/03/22 3:22:37 PM
#25:


Hell yeah

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Questionmarktarius
10/03/22 3:26:31 PM
#26:


emblem-man posted...
I mean income taxes by the way
It doesn't take much "obi-wan" logic to see how increasing income taxes effectively makes everything cost more anyway.
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#27
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Zeeak4444
10/03/22 3:29:28 PM
#28:


I never got my golden state stimulus lol so well see if I even get this one. Nice bonus if so though.

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kingdrake2
10/03/22 4:06:06 PM
#29:


Questionmarktarius posted...
You can't fight inflation by making everything cost more.


less cash flow for next year as all company's want piece of the paycheck.
think i gotten less this year :( overall because a few company's wanted to charge higher utility bills.

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#30
Post #30 was unavailable or deleted.
TendoDRM
10/03/22 4:13:24 PM
#31:


[LFAQs-redacted-quote]


Oh ok I'll go inform my landlord.

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#32
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