Don't forget the consequences of inflation. Sure, you'll also be paying an extra 4k this year for your standard expenses, but you got a WHOLE 1400 check! You can get an ok quality television and a ps5!
It's worse than debt, it's printed money "loaned" to the federal government. Quantitative easing since 2008. Trump's plan was to not fight the losing budget battle but to create growth and to deregulate. Growth brings money in and deregulation decreases the cost going out. Now? Well now we have the Fed MASSIVELY increasing the money supply coupled with antigrowth policies and byzantine regulations. This will not end well.
I think "high earner" needs to be minimum wage and up and also include everyone living on government handouts - it's the only way this ridiculous money grab gets shut down. (It won't be.)
Better idea, come tax time you get taxed a base rate regardless of income if you worked and then additional tax for every government program you utilized.
So if you get child suport, get ready to pay 25-50% back.
Federal subsidies, companies gonna owe that back too.
Just a joe shmoe paying his own way, just a flat tax. The poor can pay their own way.
Getting 4.2k I plan on doing a long overdue bathroom in my home haha. I'm hoping it's worth about 8-10k when it's all said and done. So I'm doing my part.
Don't forget the consequences of inflation. Sure, you'll also be paying an extra 4k this year for your standard expenses, but you got a WHOLE 1400 check! You can get an ok quality television and a ps5!
It's worse than debt, it's printed money "loaned" to the federal government. Quantitative easing since 2008. Trump's plan was to not fight the losing budget battle but to create growth and to deregulate. Growth brings money in and deregulation decreases the cost going out. Now? Well now we have the Fed MASSIVELY increasing the money supply coupled with antigrowth policies and byzantine regulations. This will not end well.
So hold onto that stim payment. You'll need to give it back.
'High Earners...' middle class, got it.
I think "high earner" needs to be minimum wage and up and also include everyone living on government handouts - it's the only way this ridiculous money grab gets shut down. (It won't be.)
Better idea, come tax time you get taxed a base rate regardless of income if you worked and then additional tax for every government program you utilized.
So if you get child suport, get ready to pay 25-50% back.
Federal subsidies, companies gonna owe that back too.
Just a joe shmoe paying his own way, just a flat tax. The poor can pay their own way.
High earners
More than 24k is considered high earners for these people
Getting 4.2k I plan on doing a long overdue bathroom in my home haha. I'm hoping it's worth about 8-10k when it's all said and done. So I'm doing my part.