Step one:
Page 781 of the bill provides $25 million to the Democratic-controlled House of Representatives to cover "salary and expenses."
This is called a payoff. Pure and simple.
Step one:
Page 781 of the bill provides $25 million to the Democratic-controlled House of Representatives to cover "salary and expenses."
This is called a payoff. Pure and simple.
Isn’t it 150k for joint/married people?
Well, that's a bummer... Another penalty for working hard, getting married, having kids, doing nothing for years to pay off my student loans early, and now making money. I wish there were those magical tax breaks for higher income earners that everyone talks about...
Seems you have to be Jeff Bezos to get the magical tax breaks. I certainly haven't found any. In fact, now with $10K limit on tax deductions and property tax, I'm slightly worse off.
Thank your state gov for that. They're the ones raping you with property tax.
And all the stupid shits who keep voting for school levies.
I think it's based on individual pay, not split income. I could be wrong but it looked to me to be based on the individual tax payer 2018 income. So If each person makes $75k then they both get the full amount. If one makes $200k and the other makes zero, then I think the person on $0 gets the payment. Doesn't seem right, but I haven't seen anything about split income.
Ok, I understood differently, but I guess we will see!
Yes. At least the first version they agreed on.