800+ with income tax?
- Thread starter fillyacup
- Start date
The plan is for UP TO $800 for individuals, UP TO $1600 for married couples. It doesn't guarantee whatsoever you will get $800 in your mailbox in a few months, don't be so naive.
This will stimulate the economy this year, but is just putting off the recession for a few more months and further hitting retail growth for next year...all while increasing our national debt...but I'll take whatever money they wanna give me.
This will stimulate the economy this year, but is just putting off the recession for a few more months and further hitting retail growth for next year...all while increasing our national debt...but I'll take whatever money they wanna give me.
Good post, Lisa; I agree 100%.
One question, though, to any who knows the answer, or at least has an idea...I've heard various numbers tossed around, as far as the limit to the amount you may or may not have earned in this fiscal year, so...which is it? Do I need to be poor, homeless, and living out of a garbage can, or do I have to at least own 1 lear jet to get this.
< Wants his money.
One question, though, to any who knows the answer, or at least has an idea...I've heard various numbers tossed around, as far as the limit to the amount you may or may not have earned in this fiscal year, so...which is it? Do I need to be poor, homeless, and living out of a garbage can, or do I have to at least own 1 lear jet to get this.
< Wants his money.
that 21.45 sales is for 1 person for thier purchases...then that employeer paid an emplyoee who paid taxes on thier wages...also took thier wages to a store and paid taxes on something, then that store gets bigger and expands...which mean they hire a contractor...that contractor gets paid and hires employees...those employees pay taxes on wages and in return earn money they spend...etc etc etc
Republican lawmakers favor a proposal that would offer rebates of up to $800 for individuals and $1,600 for families — but only if they paid that much in taxes last year.
For practical purposes, a family of four with an income of $24,000 would receive no government payments at all, and families with incomes below $40,000 would at most receive partial rebates. But a household with an income of $100,000 or more could get back $1,600.
Almost by definition, the approach would exclude millions of people who were unemployed or living largely on Social Security. It could also bypass families with incomes as high as $60,000, depending on the kinds of tax credits they use to reduce their taxable incomes.
For practical purposes, a family of four with an income of $24,000 would receive no government payments at all, and families with incomes below $40,000 would at most receive partial rebates. But a household with an income of $100,000 or more could get back $1,600.
Almost by definition, the approach would exclude millions of people who were unemployed or living largely on Social Security. It could also bypass families with incomes as high as $60,000, depending on the kinds of tax credits they use to reduce their taxable incomes.