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Replies: 24
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CU Medallion [52154]
TigerPulse: 100%
Posts: 8739
Joined: 12/26/15
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Got my Trump Treat
Apr 15, 2020, 1:43 PM
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today…….wooohooo
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All-In [48078]
TigerPulse: 100%
Posts: 49059
Joined: 5/16/04
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Re: Got my Trump Treat
Apr 15, 2020, 1:56 PM
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I thought it was treat from the US taxpayers.
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110%er [6878]
TigerPulse: 100%
Posts: 6107
Joined: 5/22/16
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Re: Got my Trump Treat
Apr 15, 2020, 3:03 PM
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Thank goodness the House of Representatives got their pay raise, that's all that matters.
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Athletic Dir [855]
TigerPulse: 100%
Posts: 649
Joined: 1/20/05
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i've been laying awake at night worrying about
Apr 15, 2020, 3:25 PM
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the Kennedy Center for the Performing Arts...
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Orange Blooded [2420]
TigerPulse: 100%
Posts: 2471
Joined: 3/26/07
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Athletic Dir [881]
TigerPulse: 57%
Posts: 2125
Joined: 2/3/12
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It's new money
Apr 15, 2020, 5:22 PM
[ in reply to Re: Got my Trump Treat ] |
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created out of thin air. Officially, there's some accounting where the fed holds bonds, but it's all smoke and mirrors.
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Legend [18407]
TigerPulse: 100%
Posts: 10717
Joined: 10/20/13
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Re: Got my Trump Treat
Apr 15, 2020, 1:56 PM
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Judging from that pic, you must have been part of the 43,000 that are getting the 1.7 million dollar check. Good on you if so.
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Hall of Famer [24687]
TigerPulse: 100%
Posts: 42357
Joined: 7/31/10
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Missed this. What exactly are you referring to...?***
Apr 16, 2020, 1:28 AM
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All-In [40736]
TigerPulse: 100%
Posts: 10675
Joined: 6/23/17
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This is the most I’ve ever gotten back.
Apr 15, 2020, 2:00 PM
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We will all be paying for it later however, it’s much needed for many in the short term.
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Legend [18407]
TigerPulse: 100%
Posts: 10717
Joined: 10/20/13
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Re: This is the most I’ve ever gotten back.
Apr 15, 2020, 2:40 PM
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Yeah, you got that right. They really need to close that loophole on the 43k millionaires. Think Forbes said it adds up to 90 billion.
Anyway, our church have started gathering names of families that really need it and we're trying to get everyone that received it to donate back to fams that really got hurt bad.
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Legend [19593]
TigerPulse: 100%
Posts: 16895
Joined: 9/5/02
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All-In [25888]
TigerPulse: 100%
Posts: 20597
Joined: 7/31/07
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Re: 60,000 in national debt added per household from one
Apr 15, 2020, 2:52 PM
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You should donate part of that to me since I am on a retirement pension. I need it for sunscreen, gas for my boat, a new fishing rod or two, snacks, soft drinks, bait and tackle, and I will need to pay someone to clean my fish. Greatly appreciated. When can I expect to receive it so I can line up another fishing trip ?
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Oculus Spirit [76744]
TigerPulse: 100%
Posts: 28551
Joined: 12/1/18
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Re: 60,000 in national debt added per household from one
Apr 15, 2020, 10:59 PM
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You take Venmo? I have his debit card info.
Oh wait....
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Oculus Spirit [76744]
TigerPulse: 100%
Posts: 28551
Joined: 12/1/18
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CU Medallion [55662]
TigerPulse: 100%
Posts: 35262
Joined: 11/30/98
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Dat Trump Dump, ungh!!! Printin' dem Benjamins!
Apr 15, 2020, 2:58 PM
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Fiat currency! QE on steroids! Socialism!
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Heisman Winner [111410]
TigerPulse: 100%
Posts: 73679
Joined: 9/10/03
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I did not take the money
Apr 15, 2020, 4:39 PM
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because I do not need it.
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Athletic Dir [881]
TigerPulse: 57%
Posts: 2125
Joined: 2/3/12
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Here's a quandary:
Apr 15, 2020, 5:20 PM
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1) If you qualify based on your 2019 AGI and receive a check but don't cash it,
2) but then make too much money to qualify in 2020, then
3) you could owe part of it back with your 2020 taxes. You'll have to prove you didn't cash it, and not count on the government to keep track.
It's a tax credit for 2020. Also, if you are close to qualifying based on 2019, you could do things to reduce your AGI for 2020 (increase 401k pretax, increase HSA contributions, take investment losses, etc.) to receive the credit as part of a 2020 refund.
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Heisman Winner [111410]
TigerPulse: 100%
Posts: 73679
Joined: 9/10/03
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Re: Here's a quandary:
Apr 15, 2020, 9:35 PM
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I have no issues with making too much money in 2020. 1700 I guess could buy me a nice new toy, but I am not going to apply for it, and already had my return mailed to me.
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Athletic Dir [881]
TigerPulse: 57%
Posts: 2125
Joined: 2/3/12
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If you can qualify, take it
Apr 15, 2020, 10:12 PM
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It’s a tax credit and there are going to be other years where you pay more than your share. It may be automatic anyway with your 2020 return, depending on how they handle it.
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Heisman Winner [111410]
TigerPulse: 100%
Posts: 73679
Joined: 9/10/03
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the problem with wanting more is that you can never have enough
Apr 16, 2020, 12:19 AM
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and I pay my taxes proudly, I am happy with what I have. I do well enough and have never taken a dime from our government outside of a free primary education and the occasional traffic cone I stole in college.
Message was edited by: Tigerbalm1®
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Oculus Spirit [76744]
TigerPulse: 100%
Posts: 28551
Joined: 12/1/18
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Re: the problem with wanting more is that you can never have enough
Apr 16, 2020, 12:31 AM
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THIS. Those are need a cone, take a cone. Just like that jar at the Stuckey’s counter labeled, Charity.
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Orange Blooded [2420]
TigerPulse: 100%
Posts: 2471
Joined: 3/26/07
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Oculus Spirit [76744]
TigerPulse: 100%
Posts: 28551
Joined: 12/1/18
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Legend [16472]
TigerPulse: 100%
Posts: 11652
Joined: 9/1/01
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Is that Spurrier after betting on Clemson's six-peat?***
Apr 15, 2020, 4:49 PM
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110%er [5121]
TigerPulse: 100%
Posts: 5299
Joined: 7/18/02
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Re: Got my Trump Treat
Apr 16, 2020, 7:39 PM
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Enjoy I guess. Most business owners such as myself don’t qualify because of the way we have to file taxes, even though my salary qualifies. I’m sure they’ll find a way for small business owners to pay for your windfall.
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