What about landlords ? I know lots of people with rental properties who scrimped to get a down payment who cannot afford to have no rent coming in. Many landlords aren't rich just thrifty and make good decisions.
It should just be capped at 100% of your regular pay. Don't know why it wasn't. Unemployed cashiers in Kansas don't need or shouldn't be getting $3000/mo whereas people in areas with a higher cost of living may even need more.
I would say it needs capped at a bit less, like 80-90%. You still want to motivate people to return to work. Remembering that a lot of expenses are reduced with less dining out (for many) and childcare expenses, let alone tax deferments now, etc. Hell, my auto policies are reduced right now for an automatic “stay at home” credit that assumes I drive less.
I’m making more by investing and trading that money instead while the interest rate is at 0%, which will allow me to pay back more of my student loans once the interest rates return to what they were. I’ll be able to pay it all off in one lump sum by that point, with some gains leftover
He also stopped student loan payments
Eviction moratorium also was spoke about.
What is happening with regards to evictions I didn't catch it.
What about landlords ? I know lots of people with rental properties who scrimped to get a down payment who cannot afford to have no rent coming in. Many landlords aren't rich just thrifty and make good decisions.
Out, out, out!!!
Just kidding sounds like there’s a moratorium extension.
He discussed the eviction moratorium for a moment. I can't get any exact details on it yet.
I don’t see how blocking evictions works past the very short term. Will property owners not have to pay mortgage or bills?
This includes only Payroll taxes, like SS and Mediare not Federal taxes.
Is FICA a payroll tax?
Yes
Whos this FICA guy and whys he taking all my money?
If you’re referring to private loans, I don’t think he has any control over those. Sorry 😐
It should just be capped at 100% of your regular pay. Don't know why it wasn't. Unemployed cashiers in Kansas don't need or shouldn't be getting $3000/mo whereas people in areas with a higher cost of living may even need more.
I would say it needs capped at a bit less, like 80-90%. You still want to motivate people to return to work. Remembering that a lot of expenses are reduced with less dining out (for many) and childcare expenses, let alone tax deferments now, etc. Hell, my auto policies are reduced right now for an automatic “stay at home” credit that assumes I drive less.
I have friends whose employees won’t come back because they are receiving the same money for sitting home playing video games. That can’t continue.
I could get on board with that.
I’m making more by investing and trading that money instead while the interest rate is at 0%, which will allow me to pay back more of my student loans once the interest rates return to what they were. I’ll be able to pay it all off in one lump sum by that point, with some gains leftover