Coronavirus

I don't get it. I made less because I worked less, so I paid less in taxes. I worked less because my clients either shut down or wouldn't allow visitors on site because of Covid.

You worked more, but got paid less and paid more taxes? You get the same standard deduction as everyone else don't you?

So how much are you out in the devaluation of the dollar?

So you worked more and got paid less but your taxes weren't increased by Covid. In fact, you paid the same percentage on lower income (maybe even lower), so you paid less money in taxes because of Covid. That was Trump's master plan all along. Let Covid run wild to save the taxpayers money. He says you're welcome.

I wasn't aware of any restrictions on the stimulus checks because of not having kids. I thought it was based on income. If you are a single resident making under $75,000, you qualified for $1200 graduated down to $0 at $99,000. If you've got kids under 16, you got $500 per head. If he was qualified for the full amount, he had to have made less than $75,000 (the same for his wife).

So you went from $55,000 per year to $35,000 and worked longer hours? Given the standard deduction of $12,400 that leaves you with taxable income of $22600 which puts you in the 12% bracket instead of the 22% on $42,800 you were likely hit for last year. That means your tax bill for 2020 should be $2712 instead of the whopping $9416 from 2019. That's a savings of $6704 for you. You should file right away.

I know the effect of printing more money.

What I want to know is what percentage of it do you think comes out of your pocket? I'll bet it comes to less than $6704.

"Not true. He has kids and a wife and makes over 6 figures and got the stimulus."

Not according to the Dept. of Treasury.

home.treasury.gov/policy-issues/cares/assistance-for-american-workers-and-families

The poor were hit the hardest and are the least able to absorb the hit. It had to be targeted to them.

You're trying to make your point with a bunch of numbers that just don't add up. If you wanted to make the point that everyone should get the stimulus, just say so. Don't throw up a bunch of numbers that don't support your statement. You paid less in taxes if what you say is true.

Are you standing in a food line? If not, quit whining.

"Are you standing in a food line? If not, quit whining."

So until the government has worked me and taken my money and given it to Bob next door to the point of putting me in a food line then I just haven't been whipped enough to complain about it and should just shut up?

My point here is that Bob lives next door. Bob is in the same neighborhood as me so you can figure he is just as well off as I am. But Bob gets government money that I am apparently having to pay for. I'm not particularly fond of Bob and I know Bob does not need any stimulus any more than I do. But Danny is saying unless I am in a food line then I should just shut up and let Bob sit at home while I work to pay his mortgage and improve his house, all because the stimulus was "targeted". How the hell is that targeted? If you can't target any better than that just give it to everyone! How hard is that?