2nd Stimulus On The Way

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I agree. This has been in the works. I don't think it will help, but let them try I guess.
 
the first on is pretty lame, you are basically borrowing your own money..

You will not get back as much at the end of the year now.
 
Many of the major payroll companies have already adjusted their tables, the money is coming in. How do you see this as adding money to the economy, they have cut back on taxes, no addition of money. It was our money and now they are giving it to us.
 
reverse;2970935; said:
Many of the major payroll companies have already adjusted their tables, the money is coming in. How do you see this as adding money to the economy, they have cut back on taxes, no addition of money. It was our money and now they are giving it to us.


EXACTLY!
 
Instead of crapping all the money away , I think it would have been better to give us a PAYROLL TAX Break for the rest of the year. No Social or Medicare withholding. That would help the lowest earners the most. Remember about 100k it cuts off. Warren Buffets secretary pay more payroll tax as a % of income than he does.
 
Robbwilder;2970947; said:
Instead of crapping all the money away , I think it would have been better to give us a PAYROLL TAX Break for the rest of the year. No Social or Medicare withholding. That would help the lowest earners the most. Remember about 100k it cuts off. Warren Buffets secretary pay more payroll tax as a % of income than he does.

eliminating social security and medicaid helps the lowest earners most? i'm not following that one. who is most likely to use social security and medicaid?
 
reverse;2970935; said:
Many of the major payroll companies have already adjusted their tables, the money is coming in. How do you see this as adding money to the economy, they have cut back on taxes, no addition of money. It was our money and now they are giving it to us.


Any you get to pay taxes on it next year! yay!!!!!!!!!
 
RyanS;2972189; said:
Any you get to pay taxes on it next year! yay!!!!!!!!!





IT is tax free....It does NOT count as income. I have done my taxes this year. Those are all rumors.....
 
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