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04-01-2020 12:37 PM
@Alter Ego wrote:
@kaydee50 wrote:@noodleann I read somewhere in the NY Times that this is a "loan" and not a gift and the amount will have to be reported on next year's income tax. Have seen no confirmation of this anywhere.
I heard the exact opposite. That the amount is non-taxable. And that, if you weren't eligible last year, but become eligible this year, it may be a credit on your next years tax return. This was from the finance reporter on my morning news, responding to viewers' questions.
I wouldn't trust anything at this point. Reporters are saying different things. Wait till the money starts flowing, IF that happens, and then we'll all know what's going on because it'll be happening and there will be something real to look at. And what happens next year will be decided next year. I certainly would not put any stock in any assurance that these jokers are making now, because in 2021, everything will be different and if they can claw back anything from us, they will.
04-01-2020 01:21 PM
I wonder if the geniuses among our leaders have even considered the potential for fraud with this "stimulus" scheme, or if they even care?
The crook, thieves and scammers must be plotting overtime.
04-01-2020 01:33 PM
Are people on social security or disability getting this check? That doesn't seem right to me because the government is already giving them money (I am including myself).
04-01-2020 01:48 PM
@DiAnne wrote:Are people on social security or disability getting this check? That doesn't seem right to me because the government is already giving them money (I am including myself).
The check is a stimulus, it's mean to boost the economy.
It doesn't matter where your "salary" comes from, it's irrelevant.
I plan on buying tires with mine, I'm on SS
04-01-2020 01:50 PM
@DiAnne wrote:Are people on social security or disability getting this check? That doesn't seem right to me because the government is already giving them money (I am including myself).
@DiAnne Folks who are STILL working AND getting paychecks will be getting stimulus $$$ as well as their children (under the age of 17)!
"Never argue with a fool. Onlookers may not be able to tell the difference."
04-01-2020 02:10 PM
@DiAnne wrote:Are people on social security or disability getting this check? That doesn't seem right to me because the government is already giving them money (I am including myself).
So you are saying that if you are getting a Social Security check the government is giving us the SS check. I worked fifty years and earned it. The government is not giving me anything.
04-01-2020 02:14 PM - edited 04-01-2020 02:25 PM
@DiAnne wrote:Are people on social security or disability getting this check? That doesn't seem right to me because the government is already giving them money (I am including myself).
Just wondering @DiAnne
Where in heavens name you got the idea that government was giving me money. I am aware of the category the government calls SS, but! I see it listed under "entitlements". Really, getting back your own money an "entitlement"? Only the politicals see it as such. I see it as the government borrowing my money, without interest, not as a gift.
Money was taken out of every one of my paychecks for many decades and for some strange reason I always thought that was my money. It originally was supposed to be used for those that paid into it for their retirement. That soon ended and it became kind of a "go to money pot" to use for, who knows what.
Giving me money? Sorry to me that is a non funny joke!
hckynut(john)
04-01-2020 02:23 PM
@DiAnne wrote:Are people on social security or disability getting this check? That doesn't seem right to me because the government is already giving them money (I am including myself).
The government isn't "giving" us money, it's PAYING OUT funds DEPOSITED from OUR EARNINGS over our working lifetimes. We earned it, they banked it, and now they're paying out. (I'm referring to Social Security and Social Security Disability Insurance, not SSI.) It's not an entitlement--not that you used that term--if you earned it, it's an earned benefit. Having paid the employee AND employer share through much of my working life, I am glad to have those funds now.
04-01-2020 02:32 PM
@hckynut Yes John, you got that right. Money taken out of every one of our paychecks. It wasn’t any gift.
04-01-2020 02:36 PM
@noodleann wrote:They seem to be making it up as they go along. I don't trust them not to claw this back in 2021. I won't be filing.
I would suggest you go online to a reliable source and read this package. A Google search would do the job.
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