Third Stimulus Check Is a Scam For Some Third Stimulus Check Is a Scam For Some - Page 8 - Talk of The Villages Florida

Third Stimulus Check Is a Scam For Some

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  #106  
Old 03-24-2021, 10:22 AM
tvbound tvbound is offline
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Originally Posted by blueash View Post
From pairadocs

I tried to find any online statement supporting your "well publicized fact" and found none. Perhaps you'd like to come back and give a few links to that well publicized fact.
A whole lot of people seem to be allergic to actual facts and prefer to just run with anything said, that supports their own uninformed opinion. It's much appreciated that you, and a few others, actually provide links to facts and the truth.
  #107  
Old 03-24-2021, 10:38 AM
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If you did not yell about the tax cut for the rich, this has zero credibility.
  #108  
Old 03-24-2021, 10:44 AM
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Originally Posted by allsport View Post
If you did not yell about the tax cut for the rich, this has zero credibility.
The problem with your statement is the "rich" do spend a lot that helps to create jobs and also invests in business that also helps to create jobs.

A lot of what the govt does in taking money from us is they spend it very wastefully.
  #109  
Old 03-24-2021, 10:48 AM
conman5652@aol.com conman5652@aol.com is offline
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You must not believe that this rescue package is needed. The stimulus check is give the economy a quick start to get people back work. As for republicans be fiscal conservatives. Don’t go there. That boat sales when Bush took over after Clinton left office and so did balance budgets
  #110  
Old 03-24-2021, 11:03 AM
Lil GTO Lil GTO is offline
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The way I see it the government has taken hundreds of thousands of dollars from me in my 55+ years of working if they want to give me some of my own money back so be it.

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Originally Posted by FG111 View Post
President Biden signed the American Rescue Plan Act on March 11. Provisions in the bill authorize another round of $1,400 stimulus checks for each eligible person ($2,800 for couples).

There are 1000's of couples living in The Villages with a paid-off house, no debt, tons of money in the bank, free paid medical insurance and as long as their gross adjusted yearly income is under $150,000, the couple will receive $2,800 in free US tax dollars. This is on top of the two prior stimulus checks they have received in the past six months.

I honestly believe those folks who need the money should be helped, but this stimulus money was not meant for people who didn't need it and for those people living in The Villages that meet this criteria and don't need the stimulus money are just scamming the rest of us.
  #111  
Old 03-24-2021, 11:51 AM
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Originally Posted by tvbound View Post
Sorry, but for tens of millions of hard working Americans, "envy" has absolutely nothing to do with it. Just a continued disgust with giving tax cuts to those who need it the absolute least (and those who see no problem with this inequity), while those who need it the most - get nothing more than crumbs. Because we are more fortunate than most, we don't have a problem with contributing more than most.

Can you give me some examples of these tax cuts for the rich?
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  #112  
Old 03-24-2021, 11:55 AM
sanman8285 sanman8285 is offline
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That is not a fair assumption. what about the people that actually save the money did right by themselves to afford a house paid off cash and live on an income that they worked for that they pay taxes for what about the people that are collecting the stimulus money have not worked a day in their life and are driving $80,000 cars and not paying rent or mortgage?
  #113  
Old 03-24-2021, 12:44 PM
aallbrand aallbrand is offline
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No way for Government to help only who need so yes in helping those in need some will benefit who should not. This is chump change in comparison to crooked and disorganized ear marks and government contracts wasted over the last 50 years. Lets be happy that government wasted some money on those who actually pay taxes
  #114  
Old 03-24-2021, 12:54 PM
Cheryl Barrios Cheryl Barrios is offline
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Originally Posted by jebartle View Post
Its strange how we get our panties in a wade when giving stimulus to those helping to bump the economy, but when we need to give tax breaks to the wealthy, no problem. Hmmmm!
I am on a fixed income that includes a small pension and $156 from SS each month. Because of that, I get nothing from the government for stimulus. Could I use the money to stimulate the economy? Yes, just as much if not more than the next guy. Does it make me angry that I don't get it because I have a pension check even though it is small and SS? Yes. I have worked my entire life - and worked hard. Just because of this I get nothing. I don't like handouts but so many are getting them that don't need them that I'd like to get my fair share. I would appreciate lower taxes or no income taxes just as much.
  #115  
Old 03-24-2021, 01:09 PM
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Quote:
Originally Posted by FG111 View Post
President Biden signed the American Rescue Plan Act on March 11. Provisions in the bill authorize another round of $1,400 stimulus checks for each eligible person ($2,800 for couples).

There are 1000's of couples living in The Villages with a paid-off house, no debt, tons of money in the bank, free paid medical insurance and as long as their gross adjusted yearly income is under $150,000, the couple will receive $2,800 in free US tax dollars. This is on top of the two prior stimulus checks they have received in the past six months.

I honestly believe those folks who need the money should be helped, but this stimulus money was not meant for people who didn't need it and for those people living in The Villages that meet this criteria and don't need the stimulus money are just scamming the rest of us.
I personally would have LOWERED the cut-off AGI to 1/2 that or even $50K for an individual. I would give those under $50K more than $ 14,000. So, I agree that the MOST needy should get the stimulus checks. Unfortunately, the government has to do stimulus in broad strokes. There is no computer program that could perfectly calculate which individuals have the most NEED - yearly AGI is a broad brush that is easy for the government to use. The important thing is that RENTERS were about to be thrown out into the street and the government needed to react QUICKLY. There may be, in the near future, some relief from CV because of the increase in vaccine shots distribution. Hopefully, that brings back jobs. And this stimulus could help the economy to stabilize. It had to be done and I would NOT have voted against it!
  #116  
Old 03-24-2021, 01:12 PM
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Originally Posted by Cheryl Barrios View Post
I am on a fixed income that includes a small pension and $156 from SS each month. Because of that, I get nothing from the government for stimulus. Could I use the money to stimulate the economy? Yes, just as much if not more than the next guy. Does it make me angry that I don't get it because I have a pension check even though it is small and SS? Yes. I have worked my entire life - and worked hard. Just because of this I get nothing. I don't like handouts but so many are getting them that don't need them that I'd like to get my fair share. I would appreciate lower taxes or no income taxes just as much.
OK, but your "small pension" must total $73,128/ year since you only get $1872/year in SS and stimulus checks were given out this time to those with income under $75,000. Then please define "fair share". Do you believe you paid your "fair share" of taxes all your life?
  #117  
Old 03-24-2021, 01:16 PM
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Quote:
Originally Posted by Dr Winston O Boogie jr View Post
There are two purposes for stimulus checks. One is to help those that need help. The second purpose and the reason that it's called a stimulus is that the hope is that those that don't need the money will splurge on something thereby giving businesses an added boost.
It is a known economic principle that stimulus money given to any higher-income folks often is NOT spent! That money has less "velocity" or good effect on the economy. It is put into savings accounts or gold or some other non-productive-to-the-economy holding place.
  #118  
Old 03-24-2021, 01:23 PM
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Originally Posted by jimjamuser View Post
I personally would have LOWERED the cut-off AGI to 1/2 that or even $50K for an individual. I would give those under $50K more than $ 14,000. So, I agree that the MOST needy should get the stimulus checks. Unfortunately, the government has to do stimulus in broad strokes. There is no computer program that could perfectly calculate which individuals have the most NEED - yearly AGI is a broad brush that is easy for the government to use. The important thing is that RENTERS were about to be thrown out into the street and the government needed to react QUICKLY. There may be, in the near future, some relief from CV because of the increase in vaccine shots distribution. Hopefully, that brings back jobs. And this stimulus could help the economy to stabilize. It had to be done and I would NOT have voted against it!
However, this was intended as a STIMULUS check, NOT a welfare check. That being said, I would have gone one step further than you. The checks should only go to those whose income was adversely affected by COVID. NOT to those already mooching off the taxpayer on perpetual welfare, NOT to those retired and living off investments that haven't changed. These are the people who will spend the $$$ and stimulate the economy. I struggled to give away the last 2 $600 payments to workers, now I'm stuck with $1400 to give away. I didn't want it, I don't need it, but I'm glad the government put it in my hands so I can direct it to those that do need it, since the government is basically clueless.
  #119  
Old 03-24-2021, 01:24 PM
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Originally Posted by jimjamuser View Post
It is a known economic principle that stimulus money given to any higher-income folks often is NOT spent! That money has less "velocity" or good effect on the economy. It is put into savings accounts or gold or some other non-productive-to-the-economy holding place.
That may be the first thing you ever posted that I agree with
  #120  
Old 03-24-2021, 01:26 PM
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Originally Posted by jimjamuser View Post
That is worth repeating, great post! Kudos!
Since you agree with that statement, perhaps you could tell Dr. Boogie just what tax breaks for "the wealthy" the OP was referring to?
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