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Old 03-03-2021, 01:48 PM   #1435
nfotiu
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Join Date: May 2002
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Quote:
Originally Posted by rubecube View Post
Except we haven't said that at all. We've said get the checks out and then claw it back at tax time from the people who didn't need it.
That may sound good in theory. But it hasn't been proposed by anyone in government yet. Giving people $2000 and a surprise $2000 bill at tax time next year isn't going to be that popular. Do you base it on 2019 income or 2020 income? Base it on Federal taxable income, gross income, agi? People wouldn't know if they were getting clawed back or not if they were on the cusp.


Quote:
And we've gone over this before, too. There are going to be people who aren't in those lower income groups who did suffer hardships from COVID or lost their jobs who now won't get the assistance. Your attitude seems to be "Tough ####. F those people."
I think money should go to all people affected regardless of income. The $400/week boost in unemployment is a much more significant help to those who need it. Some money needs to be spent to make sure everyone who is supposed to get that, gets it. I'd rather see that $400 go up and the $2000 go down, or at least be more targeted.
Quote:
I've asked you this before but I don't think you answered. Is it better that 20 people who don't need the cheques get them as long as it means everyone who does need one also gets one, or is it better if 20 people who do need the cheques don't get them as long as none of the people who don't need the cheques don't get one?

From a political standpoint, how do you think those people who voted for Biden/Democrats and did need the cheques but are no longer going to receive one are going to behave in future elections?
All checks sent so far have been income limited, and I don't think anyone thought future checks wouldn't be cut off at some income either. Your question isn't the right question in my mind. If you take 100 people and 25 are affected, I want to give those 25 all the money available, and not give a quarter of it to everyone. With no income limits, you are giving it to 75 not affected, and 25 affected. With the higher income limits in the first bill, it's probably more like 50/24. A little lower, and you are getting more like 20/20, and at least are getting a better ratio of targeting to the right people. Figure out other policies like tax credits to help out the middle income people affected.
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