I totally agree.

You will be giving it back and more in taxes to pay for all this.

How can you take a socialistic payment and keep it for yourself. Corporations are not the ones that need a bailout. It is the small business owner and their workers that need the assistance. Try thinking of someone other than how to benefit yourself in these tough times.

BTW, according to the U.S. Small Business Administration, a common misconception about the U.S. economy is that is dominated by huge corporations. Small business makes up roughly 99 percent of all independent enterprises in the country. Small business are defined as those that employ fewer than 500 people. This means small businesses technically dominate the markets in the United States, accounting for 52 percent of all workers.

Find ways to help the true backbone of this country.

Exactly. The point of a STIMULUS check is to SPEND the money. Not save it, not keep it, not invest it. The point of stimulus funds is to re-circulate the economy. Get the money flowing, not just sitting in one spot or building up in investments and stocks.

If you want to support your local bike shop, then BUY that bike. That is what this money is for.

If you want to enjoy take-out every day for the next month, PERFECT. That is exactly what this money is for.

If you want to pay a phone bill so that you can afford to indulge in some new clothes purchased from your local boutique (delivered, of course, since the store is closed) then go for it. That's what the money is for.

So you can support these shops that you love so much, and keep them in business by BUYING from them.

///

I went to the website you provided.

It said a married couple making less than $150K
will be eligible for the checks of $2,400.

That seems ridiculous to me. :ohdear:

We have Family members and a young Friend (Orlando Restaurant Manager) who have already been affected financially by this Pandemic. We have already helped them some and will continue to do so as needed. That is where our checks will go.

The check is to be spent so as to stimulate the economy. Unfortunately some of us are not fortunate enough to receive a higher pay back from Social Security like my brother worked hard all his life and he only got 625 a month! suck it up buttercup

Why do non citizens get money?

I couldn’t agree with you more. Those who have not lost income should be happy and not use the government’s money. Of course, there are a lot of other things government officials provide themselves resulting in more money which they should not do either.

There are no "rules" for how to spend these checks. It's your money. Do with it as you please. You don't think you deserve it? It's a great opportunity for donating to charities. Give it away to loved ones. You can send the money to the Treasury Department's Bureau of the Public Debt. I'm not getting the guilt here. No one says you need to keep it.

That said, there are many small businesses around the area that could easily benefit from people spending this money there. That's helping the local economy. That's helping local employees.

By the way, there are many places in this country where $150K in income (couples) is far from being wealthy. Try living around the NY metro area on that income. Don't even ask about the San Francisco area. If you're single and making up to $75K in NYC, good luck with your living arrangements.

According to several news outlets, there IS a limit to how much a family can make and receive the money. You said $100K but I believe the limit is $75K, but I may be mistaken. Part of the idea of giving folks money is to put the money back into the economy so that we don't fall into a depression. I don't know if it will work, but they think it will and some experts feel that it is worth the try. Some folks will get the money that others do not believe deserve it. What's so different from welfare recipients getting money that some feel do not deserve it? Some Villagers are on a limited income and to pay extra to shop all over three counties looking for TP or some other item NEEDED or to order delivery or shop on line for items, is an added expense. Just saying.
I am not arguing your opinion, just stating my view on the subject which is not a whole lot different than yours; just looking at it from a different angle.

If you were living on your income without the $1200.00 you don't need it--it will be in the form of a direct deposit if you are on SS--
Too bad there isn't a method to block the payment--I'm not being selfish, because we are above the income guidelines

Ponder
 

Any government in this Country has no money. They can only redistribute hat they have taken from others (you). Wait till you get the bill with interest, new tax rates.

If you filed already for 2019, then the amount of your check is based on 2019. If you have not filed as yet, it will be based on 2018 returns.

I plan on giving it back in tips to those who were affected financially by this situation.

If they can give $25 million dollars to the Kennedy Center, they can give $1,200 to me.

Me too

many seniors work to make a living wage. Not easy to figure out who so all who pays taxes deserve the benefit

You are so right! That is why we are giving hours to some local charities.

Then I suggest that if you get a check, you could give the money to someone or some place, like a dog shelter. Not all seniors on SS live in a place like the Villages, many of them could this money.

provide as much as $1,200 per person and $2,400 per couple in the U.S. amid the coronavirus outbreak and skyrocketing jobless claims...... and aid would be phased down at adjusted gross income thresholds of $75,000 for individuals and $150,000 per couple

I agree with you! (And my first Social Security check is supposed to be deposited in my bank account today!) You know what would be fun? Go to an ATM (several times), get a stack of twenties, and pass them out to people who work in restaurants, stores, etc. Walk around your favorite stores giving one to each employee you spot and saying “Thank you for your service.” We may not need that money, but some people sure do!

When I first heard about the Feds plan for the $1200, my first thought was WHY? We really don't need it - and other retirees with mucho$$$ (than us) in savings, retirement, income certainly don't either. Give more to the families with limited (or no) income now.

The Bill does exclude higher-income folks, which is a good thing.

As fate would have it... I've had a crowned tooth that has had 'discomfort' for about 5 months now. Being a guy, well - you know. Finally it got worse. Went to my dentist and referred me for a root canal. App for the procedure next Tuesday.

Guess how much the charge is (after a small insur discount) $1200. Fate.

I’ve never heard the expression “socialistic payment.” The way I was brought up and choose to live my life, the word “socialistic” implies a recognition that we are part of a “society” rather than “I’m only for myself, and if you’re in trouble through no fault of your own, that’s your problem.” Perhaps I’m missing something?

I do agree that major corporations should not get a bailout. Last year they received a virtually unprecedented huge tax cut. Working people paid—or given the effect of the tax cut on the astronomical federal deficit will continue to pay—for that primarily corporate tax cut. What’s the bottom line difference between a bailout and a tax cut?

I agree too that those who receive a “stimulus payment” (this I understand, not “socialistic payment”) who doesn’t need it should donate it locally, not to a major corporate (so-called) charity. IMHO, the local food pantry is a great idea. When I can manage it, I write a rent check to a local worker I know who has to take time off from work to take a child for cancer treatments, and because her employer has to hire a sub to fill in for her, she is not paid. If I receive a check, that’s where mine will go.

And I’m once again reminded of an economy based on what President Bush Senior described as “voodoo economics”....

You still didn't say how they were affected financially>

Chill people. It was just a thought.

Then do what we are going to do ...give it to a cause..we are buying defibs.. for our n..hood

I have wondered the same thing, people who rely on tips for a large portion of their income need this more than. I do. I am looking for a charitable foundation, which provides needed funds to the most needy. I will donate my check to that organization. Yes, I will make sure that it is nit a scam organization.

I want to see when all is said and done and everything is open again. When you go out to eat, have a cocktail, get you hair done or a haircut remember these people have been out of work. When the bill comes remember this when you drop your tip on the table or write it on your tab. When I see people leave silver or a buck on the bar after pounding them down remember they've had nothing. OK you can beat me up now! Also remember there are plenty here in TV living on SSI and small if any pensions. That's another reason we have so many different models of homes. Not everyone is making 6 figures on retirement believe me!

Really can't see what all the fuss is about.
If you have too much, you wont get it.
If you get it and do not want it, give it to someone who needs it.
But' if you're a low incomer, out of work, it could be a life saver.
I personally think that only laid off workers should be getting payment, and monthly, not one off.

Based on 2019 if you filed. 2018 if you haven’t filed 2019.

Stimulus Check
 

Its for everyone with a social security number. The reason is to get the economic engine running smooth again not just to help out people that have become unemployed.

Couldn’t agree more. My income is not affected. I’ve been wondering about this and writing our congressman as to why. As usual no response.

Easy Peasy...send the checks back.

You don’t know every retiree’s financial situation. I don’t know too many retiree’s that couldn’t use some extra money especially in these uncertain times. Glad To hear you’re so well off.

It's a case of damned if you don't and damned if you do!!! Give it to a needy family so you know where it's going! Geez

Tips
 

I plan on increasing my tips to 50% or maybe 100% when things open up.

Seriously?
 

Maybe YOU don’t need it...but many of us need it to pay our bills. Not all Villagers are floating in dough!! My husband got laid off and the $ will help.

It is a Stimulus for the Economy to support business' so the, ones that are open can stay open, and others will follow their lead. you may be retired but younger people need to work, and business is down. I don't like the fact that fat cats can by stock cheap, and air lines get support. Warren Buffet is one of the airline stock holders an he don't need the money. he should be like Disney who are paying their people without a check from us the tax payer.