Platinum Contributing Member SnowRider Posted December 29, 2020 Platinum Contributing Member Share Posted December 29, 2020 (edited) 2 minutes ago, Angry ginger said: i'd bet half those claiming to not get it are in fact receiving it. i'll recieve less than the last time but i'll have a few bucks more in my pocket. Actually many on here who claim to be ballers were also talking about their last check. Edited December 29, 2020 by SnowRider Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted December 29, 2020 Share Posted December 29, 2020 1 minute ago, Ez ryder said: It has always been a issue in my book . But in this place only like 2 others max i've finally given up on there being any fiscal responsibility in the government. i'll take as much free money as I can get. Hope joe mans up and forgives student loans in the next 18 months as well. I stopped paying on those for my kids after trump lost. i was slow paying while the kids were in school since the trends been to forgive peoples bad personal decisions. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted December 29, 2020 Share Posted December 29, 2020 31 minutes ago, SnowRider said: Sitting on your boys desk since May... I’m amazed how little common knowledge people on here have.....Mitch never took it up. He knows his audience... The legislation would provide nearly $1 trillion for state and local governments, a $200 billion fund for essential worker hazard pay, an additional $75 billion for Covid-19 testing, tracing and isolation efforts, and a new round of direct payments to Americans of up to $6,000 per household, according to the House Appropriations Committee. https://www.cnn.com/2020/05/15/politics/house-vote-covid-aid-3-trillion-remote-voting/index.html And the whole thing is a heaping pile of shit that should have never even been drawn up in the first place Quote Link to comment Share on other sites More sharing options...
racinfarmer Posted December 29, 2020 Share Posted December 29, 2020 53 minutes ago, XC.Morrison said: You don’t enjoy getting more of your money back from the government? With this round of stimulus, they are borrowing around $11,200 per taxpayer and handing back $2,000. Should I be happy? Quote Link to comment Share on other sites More sharing options...
racer254 Posted December 29, 2020 Author Share Posted December 29, 2020 1 minute ago, racinfarmer said: With this round of stimulus, they are borrowing around $11,200 per taxpayer and handing back $2,000. Should I be happy? Of course. LOL Math is hard for some. Quote Link to comment Share on other sites More sharing options...
XC.Morrison Posted December 29, 2020 Share Posted December 29, 2020 3 hours ago, racinfarmer said: With this round of stimulus, they are borrowing around $11,200 per taxpayer and handing back $2,000. Should I be happy? Make the 1% pay off the $11,200. Enjoy 3 hours ago, racinfarmer said: With this round of stimulus, they are borrowing around $11,200 per taxpayer and handing back $2,000. Should I be happy? Show your work. I arrived at a far different value. The joint committee on taxation says the bill requires borrowing $463.8 billion As of 2017, there were 143.3 million taxpayers, newest figure I could find. 463,800,000,000 / 143,300,000 = $3,237. Quote Link to comment Share on other sites More sharing options...
racinfarmer Posted December 30, 2020 Share Posted December 30, 2020 4 hours ago, XC.Morrison said: Make the 1% pay off the $11,200. Enjoy Show your work. I arrived at a far different value. The joint committee on taxation says the bill requires borrowing $463.8 billion As of 2017, there were 143.3 million taxpayers, newest figure I could find. 463,800,000,000 / 143,300,000 = $3,237. The number I saw for this bill was $1.4t total. US Debt Clock tells me there is 124,819,xxx US Income tax payers, so we'll call it 125m. $1,400,000,000,000/125,000,000 = $11,200 per income tax payer. https://usdebtclock.org/ Quote Link to comment Share on other sites More sharing options...
racer254 Posted December 30, 2020 Author Share Posted December 30, 2020 1 hour ago, racinfarmer said: The number I saw for this bill was $1.4t total. US Debt Clock tells me there is 124,819,xxx US Income tax payers, so we'll call it 125m. $1,400,000,000,000/125,000,000 = $11,200 per income tax payer. https://usdebtclock.org/ Math is hard for some. Quote Link to comment Share on other sites More sharing options...
XC.Morrison Posted December 30, 2020 Share Posted December 30, 2020 (edited) 17 hours ago, racinfarmer said: The number I saw for this bill was $1.4t total. US Debt Clock tells me there is 124,819,xxx US Income tax payers, so we'll call it 125m. $1,400,000,000,000/125,000,000 = $11,200 per income tax payer. https://usdebtclock.org/ The number you pulled from debt clock doesn’t seem to be an actual total of taxpayers - when I clicked it, the description they provide is just the total of those who filed but owed no taxes, not really a comprehensive total as seen in the screenshots below. Luckily, I was able to find the total number of those who filed returns in 2019 from https://www.treasury.gov/tigta/auditreports/2020reports/202044007fr.pdf They show 141 million which isn’t too far off from my previous number. Also, your total bill value seems to be trying to pull together the annual omnibus spending bill along with the total stimulus package including aid to businesses, $600 to each dependent 17 and under, etc, so let’s stick with the value I indicated earlier which breaks out the cost of the $2000 payments. Edited December 30, 2020 by XC.Morrison Quote Link to comment Share on other sites More sharing options...
racinfarmer Posted December 30, 2020 Share Posted December 30, 2020 54 minutes ago, XC.Morrison said: The number you pulled from debt clock doesn’t seem to be an actual total of taxpayers - when I clicked it, the description they provide is just the total of those who filed but owed no taxes, not really a comprehensive total as seen in the screenshots below. Luckily, I was able to find the total number of those who filed returns in 2019 from https://www.treasury.gov/tigta/auditreports/2020reports/202044007fr.pdf They show 141 million which isn’t too far off from my previous number. Also, your total bill value seems to be trying to pull together the annual omnibus spending bill along with the total stimulus package including aid to businesses, $600 to each dependent 17 and under, etc, so let’s stick with the value I indicated earlier which breaks out the cost of the $2000 payments. The bill is passed in its entirety regardless of whether it is $600 or $1200 or $2000 a person since there is no line item veto. So $1,400,000,000,000/141,000,000 = $9,929 per income tax payer. Still pushing $10k a tax payer and I doubt we'll realize that much value, but it'll give a good number of people the feels. Quote Link to comment Share on other sites More sharing options...
XC.Morrison Posted December 30, 2020 Share Posted December 30, 2020 1 hour ago, racinfarmer said: The bill is passed in its entirety regardless of whether it is $600 or $1200 or $2000 a person since there is no line item veto. So $1,400,000,000,000/141,000,000 = $9,929 per income tax payer. Still pushing $10k a tax payer and I doubt we'll realize that much value, but it'll give a good number of people the feels. Nancy did a separate bill for the $2000 payments. H.R. 9051. Quote Link to comment Share on other sites More sharing options...
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