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=> GENERAL DISCUSSION => Topic started by: hutch on January 06, 2021, 02:05:34 pm
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Your boy Schumer, Hatch
https://www.axios.com/schumer-coronavirus-stimulus-checks-4f129a32-b027-40d4-86c9-b81f2258e8cc.html
Is this really $2000 per person or $2000-$600 from second check? Is it $2000 per kid? Same income limits?
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I would love for them to get the vaccine program in high gear, so i can go on a (domestic) summer vacation, and spend my socialist check. Or, make life safe enough so i can have workers in my house to do some home improvements. Otherwise, we'll just bank it for later....
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Is there a way to tell people they get the check if they show proof of vaccine or is that beyond the pale?
I guess that would delay check but I would love to see government pay people $1000 per vaccination
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looks like smakie might get to double-dip on this one
CA Gov. Gavin Newsom: "We're proposing a Golden State stimulus to basically make those $600 checks that people are starting to receive from the federal government, get them to be $1200. We want to roughly get 4 million checks out within three weeks of me signing this package.”
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looks like smakie might get to double-dip on this one
Really, you think so?
"The Golden State Stimulus would refund $600 to all 2019 taxpayers who received a California Earned Income Tax Credit (CalEITC) in 2020. Californians with annual incomes of $30,000 or less may be eligible for the CalEITC."
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looks like smakie might get to double-dip on this one
Really, you think so?
"The Golden State Stimulus would refund $600 to all 2019 taxpayers who received a California Earned Income Tax Credit (CalEITC) in 2020. Californians with annual incomes of $30,000 or less may be eligible for the CalEITC."
...didn't know it was means tested
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...didn't know it was means tested
Unlike say, Julian, I'm not insulted that you thought I qualified for the Federal Stimulus check, but that insinuation was borderline defamation.
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...didn't know it was means tested
Unlike say, Julian, I'm not insulted that you thought I qualified for the Federal Stimulus check, but that insinuation was borderline defamation.
I mean you do own a home in the heart of SF...so one should be able to put two and too together
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First step
https://news.yahoo.com/us-senate-takes-first-steps-001459627.html
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Side hatch knows I'm way too wealthy, but if I did qualify, a large helping of Ambien.
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If you only got a partial amount in round 2, they'll make up the difference with a credit when you file your 2020 taxes.
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If you only got a partial amount in round 2, they'll make up the difference with a credit when you file your 2020 taxes.
This applies to me, but I'm also not the smartest guy. Can you explain what this means to me? Will I also get a partial third check, or a full one.
For example:
So you are saying that if we got $1000 in round two, and we are three people ($1800), we'd get $800 tax credit? Does that mean I will have to pay $800 less in taxes, or does it mean my taxable income gets adjusted down by $800?
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If you only got a partial amount in round 2, they'll make up the difference with a credit when you file your 2020 taxes.
This applies to me, but I'm also not the smartest guy. Can you explain what this means to me? Will I also get a partial third check, or a full one.
For example:
So you are saying that if we got $1000 in round two, and we are three people ($1800), we'd get $800 tax credit? Does that mean I will have to pay $800 less in taxes, or does it mean my taxable income gets adjusted down by $800?
You'll owe $800 less in taxes or you'll get $800 more in a refund, depending on which situation you're in.
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So a couple with 10 kids gets $16,800 if their adjusted gross income is 150K but gets nothing if their adjusted gross income in 160K. That doesn't seem right.
https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/
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although, the person with 10kids and less than 150k in income might deserve an award
I do think you are not calculating the child tax credit, which I think is going from 2k to 3K per kid...
I just don't know how people can have more than 2-4 kids
I guess if you lived with aunts, uncles, and grandparents...maybe that's doable
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although, the person with 10kids and less than 150k in income might deserve an award
I do think you are not calculating the child tax credit, which I think is going from 2k to 3K per kid...
I just don't know how people can have more than 2-4 kids
I guess if you lived with aunts, uncles, and grandparents...maybe that's doable
I'm not sure what you mean by child tax credit in reference to plugging you adjusted gross and number of dependents into that calculator.
The most kids of anyone I know from our generation having is four. And they're divorced and he pays for it all (she doesn't work in spite of having an Ivy law degree.)
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I meant that likely that person who makes $160 and has 10 kids will likely get $30k in tax credits, so they won't be getting as screwed as you think
but there have to be lines drawn and we can always find a few people on the wrong side of the line
and they get the sad trombone
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So a couple with 10 kids gets $16,800 if their adjusted gross income is 150K but gets nothing if their adjusted gross income in 160K. That doesn't seem right.
This is the outlier of all outliers.
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You can count on Space to find the outlier of all outliers
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So a couple with 10 kids gets $16,800 if their adjusted gross income is 150K but gets nothing if their adjusted gross income in 160K. That doesn't seem right.
This is the outlier of all outliers.
Ok, well more realistically...a couple with four kids would get a stimulus check of $8400 if they adjusted grossed 150K. They would get $0 if they adjusted grossed 160K.
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I meant that likely that person who makes $160 and has 10 kids will likely get $30k in tax credits, so they won't be getting as screwed as you think
but there have to be lines drawn and we can always find a few people on the wrong side of the line
and they get the sad trombone
How much tax credit will the couple with ten kids get if they make 150K?
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Does that mean I will have to pay $800 less in taxes,
This is a credit, yes.
or does it mean my taxable income gets adjusted down by $800?
No, this would be a deduction.
That is your free tax lesson for the day.
Dollar for dollar, credits are worth much more than deductions and are generally preferred. Assuming you have the gross income, a $100 deduction is the equivalent of about $23 in tax savings (avg amount of tax) to where a $100 credit is worth $100 in tax savings. There are very rare instances when you would prefer a deduction, but one might be where your gross income is $150,600 and an $800 deduction would allow you to qualify for say a stimulus check of $1600, but those are very rare instances.
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House votes to send $1.9 trillion COVID relief package to Biden's desk
Will he sign tonight??
getting stuff done in under 100 days!
Edit...signing Friday...why wait?
Details: The bill approves $1,400 stimulus payments for individuals making up to $75,000 and couples making $150,000. It will also extend weekly $300 unemployment insurance until Sept. 6. Other highlights include:
An increased child tax credit in 2021 of $3,600 for children up to age 5 and up to $3,000 for ages 6–17.
$128.6 billion to help K-12 schools reopen.
$19 billion in emergency rental assistance.
$25 billion to help restaurants.
$46 billion for coronavirus testing and tracing.
$5.2 billion to support the research and development of vaccines.
$7.25 billion for Paycheck Protection Program loans.
What to watch: The White House says Biden will sign the bill on Friday and that stimulus checks will begin going out before the end of the month.
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I guess it’s trendy to use GQP now.. and one of those clowns is taking credit for a bill he voted against and another is calling it socialist wish list despite the fact his red state gets a ton of federal aid...
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Boom! Hit my account about half an hour ago.
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soo...what are you spending it on?
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I dunno! Should I buy all of the remaining Dino tickets?
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Seems like a wise choice
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soo...what are you spending it on?
over-priced box sets, obvs.
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We scheduled your payment to be deposited on March 17, 2021 to the bank account below.
https://www.irs.gov/coronavirus/get-my-payment
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Boom, didn't even have to wait until the 17th
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Boom, didn't even have to wait until the 17th
So you are admitting to being one of the board poors?
The reason I was hypothesizing about about how much a couple with an adjusted gross between 150K and 160K would get was because that's where our 2019 return ended up. We haven't filed for 2020.
We got a letter telling us how much we're getting for Stimulus #3 and saying we'd get it within seven days.
However, I plugged the same numbers that gave me the correct amount of previous partial-stimulus money for Stimulus #2 into the Stimulus #3 calculator, and what the letter said we're getting is less than what the calculator says we should be getting.
But you can't really quibble about the amount of free money you're getting, can you?
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We bought a Miele
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We're getting our deck refinished, although we'd do that regardless.
Going to Charlottesville for a night for my birthday/Mother's Day weekend. Note: Ask Walkie for some recommendations from his recent trip, though won't be going to Trump winery.
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Boom, didn't even have to wait until the 17th
So you are admitting to being one of the board poors?
umm, I pretty much bring up how broke I am and how expensive everything is on a daily basis, so not sure how that is surprising
We bought a Miele
Good investment, we've had ours for over 15 years at this point and love it
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Boom, didn't even have to wait until the 17th
So you are admitting to being one of the board poors?
umm, I pretty much bring up how broke I am and how expensive everything is on a daily basis, so not sure how that is surprising
If you're buying concert tickets for more than a few shows a year, you're not broke.
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Without delving into specifics of anyone
Some people use the cover of saying “I am broke” as a rationale for being stingy or for just not spending money...or for hoarding money... my father was like this...
It’s a fine line....a human being can convince themselves of anything.. we easily become pathological
A person could live in Monte Carlo and think to themselves “I am broke... my friends all have boats and I don’t”
Of course they would be lying to themselves
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A person could live in Monte Carlo and think to themselves “I am broke... my friends all have boats and I don’t”
Docksiders delayed are docksiders denied.
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And for some people, saving is not the same as hoarding.
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And for some people, saving is not the same as hoarding.
It’s not the same...
But what about a person who doesn’t have enough money to send their kids to school cause he would rather “save” money?
Is that “saving” or a good thing?
He is hoarding - a bad thing- under the guise of saving - a good thing
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And for some people, saving is not the same as hoarding.
It’s not the same...
But what about a person who doesn’t have enough money to send their kids to school cause he would rather “save” money?
Is that “saving” or a good thing?
He is hoarding - a bad thing- under the guise of saving - a good thing
By sending the kids to school, do you mean college, or private elementary/secondary school?
What if someone (not me) could only afford a retirement account or a college fund for kids, but not both? And they choose the 401K. Does that make them a hoarder?
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In this specific case my dad was serving overseas and the Argentine government gave him an education allowance to pay for his kids international private school (we couldn’t go to Japanese school) and he convinced himself we would be leaving soon, pocketed the money and kept us home for a year.
That’s hoarding
I don’t believe your example constitutes hoarding. I don’t believe you or anyone I know is a hoarder... other than my father I guess..if he is still alive
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I agree with your example. Sorry that happened to you. You really don't know if your father is alive? That's my second "wow" of the day.
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Well I assume he is..but he has lost his mind and lives alone in Argentina and covid and last time I called him about six months ago I got real angry and hung up... there is a lot of pent up anger..long story
I will swallow my pride and call him March 24..his 82 birthday..
Obviously I am the only one of his three kids that still talks to him.. that has been the case for over 20 years
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If you're buying concert tickets for more than a few shows a year, you're not broke.
yes in a relative sense, yes I'm not broke
but spare discretionary income in 2021 is extremely thin and has been for getting close to two years
I run with very little debt (besides my mortgage) and own cars and stuff outright (no loans)
but that $48 I had to decide...I only have $250 this month to just spend on entertainment/beer/other fun stuff...do I spend it on that
And that was an easy decision
I used to have a bigger pool of discretionary fun funds...but those days are gone and almost every dollar I take in, is spoken for
It's not the best situation, and I feel pretty darn broke because of it
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In this specific case my dad was serving overseas and the Argentine government gave him an education allowance to pay for his kids international private school (we couldn’t go to Japanese school) and he convinced himself we would be leaving soon, pocketed the money and kept us home for a year.
That’s hoarding
I don’t believe your example constitutes hoarding. I don’t believe you or anyone I know is a hoarder... other than my father I guess..if he is still alive
Well, this is a fascinating and sad look into Hutch's personal life. Y'all bumming me out -- can everyone go back to listing what song you're listening to or something? Shit is getting dire.
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Obviously I am the only one of his three kids that still talks to him.. that has been the case for over 20 years
This is actually not obvious to those of us who only know you via a messageboard. Its not obvious at all.
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In this specific case my dad was serving overseas and the Argentine government gave him an education allowance to pay for his kids international private school (we couldn’t go to Japanese school) and he convinced himself we would be leaving soon, pocketed the money and kept us home for a year.
That’s hoarding
I don’t believe your example constitutes hoarding. I don’t believe you or anyone I know is a hoarder... other than my father I guess..if he is still alive
Well, this is a fascinating and sad look into Hutch's personal life. Y'all bumming me out -- can everyone go back to listing what song you're listening to or something? Shit is getting dire.
Can we get a Julian-esque recap of the bubble concert?
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In this specific case my dad was serving overseas and the Argentine government gave him an education allowance to pay for his kids international private school (we couldn’t go to Japanese school) and he convinced himself we would be leaving soon, pocketed the money and kept us home for a year.
That’s hoarding
I don’t believe your example constitutes hoarding. I don’t believe you or anyone I know is a hoarder... other than my father I guess..if he is still alive
Well, this is a fascinating and sad look into Hutch's personal life. Y'all bumming me out -- can everyone go back to listing what song you're listening to or something? Shit is getting dire.
Can we get a Julian-esque recap of the bubble concert?
exactly!
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We all got our scars man!
I am still listening to On the Beach...
It’s addictive
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In this specific case my dad was serving overseas and the Argentine government gave him an education allowance to pay for his kids international private school (we couldn’t go to Japanese school) and he convinced himself we would be leaving soon, pocketed the money and kept us home for a year.
That’s hoarding
I don’t believe your example constitutes hoarding. I don’t believe you or anyone I know is a hoarder... other than my father I guess..if he is still alive
Well, this is a fascinating and sad look into Hutch's personal life. Y'all bumming me out -- can everyone go back to listing what song you're listening to or something? Shit is getting dire.
Can we get a Julian-esque recap of the bubble concert?
exactly!
It doesn't really lend itself to a longform review. It was cathartic -- the moment they opened with Race for the Prize both nights was just an explosion of bubbled humanity. It was unbelievably hot by the end. It was a cool experience but obviously its like watching a concert through a plasticy, sweaty fog. Same setlist both nights like 9 song main set and a three song encore.
Oklahoma City was surprisingly fun. I would do it again, even as crazy as it was flying halfway across the country on a Friday and turning around on Sunday morning and going back. Live music fucking kills and it raises the spirits.
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On another downer note, today I learned that my supervisor's husband has onset dementia. Apparently he just sits in his chair watching tv all day while she runs the office from home.(I told her that sounds like a typical Sunday for my dad when he was 35, watching the cars go around the track 200 times over the course of four hours.) No wonder she always seems drained when we talk.
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It’s just a ride....