The national debt is pretty much out of control. Even a minor increase in the interest rate on the debt will have catastrophic effects in our ability to be pay it back. SS, Medicare and Medicaid already suck up such a huge portion of taxes collected. This epidemic pushes us over the edge. We are now past the point of no return.
Stimulus checks?
- Thread starter HBK4life_rivals100467
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The national debt is pretty much out of control. Even a minor increase in the interest rate on the debt will have catastrophic effects in our ability to be pay it back. SS, Medicare and Medicaid already suck up such a huge portion of taxes collected. This epidemic pushes us over the edge. We are now past the point of no return.
I make too much, enjoy my tax money you socialists! Now I'm going to go run 40 yards, should take 4 seconds then I'll be benching 250lbs 50 times.
Yeah, I like to spend money as much as the next guy. Not to mention I now have 3 college age kids living at home for the time being. A little extra grocery cash would have been nice. Oh well.
Just FYI. If part of the money you received was a child credit....expect that to be deducted from your normal child credit next year.
i.e. If you claim one kid you should have just received $500. If you are able to claim that kid next year, you will qualify for $500 less of the normal child credit.
Agreed. We were literally hoping to just spend it on all of our local restaurants that we frequent as well as the local hardware store that has done a lot for the hospitals. We've already bought our daycare lunch multiple times just to show appreciation and will continue to do so. It's not a big deal but decent amount of cash to be able to plug in to some of the places that are struggling around here.
Nothing yet. But, someone filed a faulty tax return on us about 5 years ago and I think had a return check sent to Bosnia. Fortunately for us we owed money that year so didn't have to fight for our refund. Now we get a new PIN code from the IRS every year and have to file manually. My check may take a while. Booooo.
I never agree with deficit spending unless its times like this. Congress is filled with idiots. Still, in this case they really had no way to tell who needed the money and who didn't. How can you quickly tell who is out of work, the value of their house and car payments, college loan payments, etc. This is the first bailout I've ever supported.
I never agree with deficit spending unless its times like this. Congress is filled with idiots. Still, in this case they really had no way to tell who needed the money and who didn't. How can you quickly tell who is out of work, the value of their house and car payments, college loan payments, etc. This is the first bailout I've ever supported.
Got it, paid off my smartphone to lower my monthly bill, still have about $900 to blow. I've saved enough to live roughly 2 years without a job so f*** it, I'll pump that $1200 straight back up the economy's poop chute Smokinno, I'm not sure what I mean by that.
I also still have a job but am not taking it for granted.
Isn't two years an excessive amount to keep in a low interest savings account? Unless you were planning on retiring soon wouldn't it be better to keep around 6 months safety net and invest the rest?
I ended up settling for a lower down payment then expected when buying a home. I am glad I didn't toss it all in the market immediately because it would be gone now Laughing 1.5%+ is better than -15٪, which is how some of my 401(k) numbers look YTD Sick
but I tend to like Goldman's outlook for quarters 3 and 4 so I'll probably do something soon.
Finally got through. Money there.
Hookers and blow? Make sure the hookers bring their own mask.
Wrong. This country lives on debt. Do you think the student loan debt will ever get fully paid? No way. Not to mention all the wars we’ve invested money in... 17 trillion will never be trimmed.
For those that did get checks and are lucky enough to not need them, please consider your local food bank or think of a friend who may need it. This money can be a lot if you don’t need it, but it isn’t much of you do need it.
Many churches have food banks and/or are able to give it to people in need with the giver and receiver being anonymous.
Many churches have food banks and/or are able to give it to people in need with the giver and receiver being anonymous.
I bought a mail order bride, hope she gets here quick, she says she's 5 times better than any other woman that i could get!
Oh wait, i think i read that 5 times better wrong.
Oh wait, i think i read that 5 times better wrong.
I bought a mail order bride, hope she gets here quick, she says she's 5 times better than any other woman that i could get!
Oh wait, i think i read that 5 times better wrong.
Shame, Shame on you.
You can set up direct deposit from this link on the IRS website. It just went live this morning. Type in your SS#, DOB and address and it will tell you if you qualify and if they have direct deposit info for you. If they don't have it, you will then be directed to another link to set it up. You will need your AGI, how much you have to pay in on the last set of taxes you filed and bank info.
https://www.irs.gov/coronavirus/get-my-payment
I don't get one. Work too much. As a commercial carpenter I am deemed essential, and therefor still working. I am grateful for that, and the fact I do not qualify. We are keeping my darling's tanning salon payments going, and are supporting local restruants doing take out.
For the righteous ones that either don't want money "from Trump" or think they don't "need the money" let me know with a DM.
Because I like money...and I want more of it.
Because I like money...and I want more of it.
Not being righteous at all. I do not get one. Make more than the top limit most years. I do also not deserve one. Had I got one I would have bought a coin with it.
Gold is good now, but I like rare coins. As far as which one I would buy, can't say, as I don't get a check.
We got ours yesterday. Earmarking it for a beach vacation when all this is said and done. We're both "essential" (correctional officer and speech language pathologist) so we've remained working and its just extra for us, we didn't "need" it. I have been off the last 2 weeks due to an outbreak in our facility but have still been getting paid, shes doing her best to work with kids via video chatting and phone.
Have you done your 2019 taxes? If so, it is based off of those taxes. Is there a chance that you didn't qualify because your AGI was above the limit on your 2019 taxes?This is what I am getting. Know we qualify based on 2018 AGI....
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