Author Topic: Second Stimulus Check Income Eligibility May Be Capped At $40,000  (Read 5646 times)

SF1900

  • Getbig V
  • *****
  • Posts: 49696
  • Team Hairy Chest Henda
Looks like I’ll still be getting a check.

“Yesterday, Senate Majority Leader Mitch McConnell changed his tune and said that a second stimulus check “could well be” part of the next coronavirus relief bill. Equally telling was his follow-up remark: “I think the people who have been hit the hardest are people who make about $40,000 a year or less,” he said.”

“The tides have been turning on the odds of a second stimulus check since the House of Representatives passed the HEROES Act and included an expanded second stimulus payment. Republican opposition has started to wane as President Trump and other members of his administration have increasingly, albeit unevenly, voiced support for a second direct payment. However, this is the first time McConnell has even tepidly acknowledged that direct payments may be included. His comments come as the Senate started a two-week recess and on the heels of record high cases of coronavirus across the U.S. and a reversal of state re-opening plans across several states and counties. While still far from a slam dunk, the fact that the Senate Majority leader is making positive comments is a noteworthy development.”

X

oldtimer1

  • Getbig V
  • *****
  • Posts: 18132
  • Getbig!
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #1 on: July 09, 2020, 05:04:31 AM »
That is bullshit.  Democrat propaganda. What is happening is Democrats are telling everyone they want $6000 a person. They know they can't get it because it will cost trillions this country doesn't have and will result in the printing of money that has no backing. Democrats want to sound like Santa Clause so they can tell their voters the evil Republicans stopped them. Very dangerous the printing of money and could lead to wild inflation. Most Republicans want the same amount as last time. In order to get Democrats to get on board with out adding pork for to the bill Republicans are going to low ball the figure because they know Democrats have not only done nothing in Congress for three years they have tried to obstruct for three years. My prediction in the end after this game is played it will be for the same amount of $1200 for those making $75K and under and $2400 married for those making under $150K with $500 a child.  Realize the danger in these stimulus checks to the fiscal stability of our government.

SF1900

  • Getbig V
  • *****
  • Posts: 49696
  • Team Hairy Chest Henda
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #2 on: July 09, 2020, 06:12:22 AM »
That is bullshit.  Democrat propaganda. What is happening is Democrats are telling everyone they want $6000 a person. They know they can't get it because it will cost trillions this country doesn't have and will result in the printing of money that has no backing. Democrats want to sound like Santa Clause so they can tell their voters the evil Republicans stopped them. Very dangerous the printing of money and could lead to wild inflation. Most Republicans want the same amount as last time. In order to get Democrats to get on board with out adding pork for to the bill Republicans are going to low ball the figure because they know Democrats have not only done nothing in Congress for three years they have tried to obstruct for three years. My prediction in the end after this game is played it will be for the same amount of $1200 for those making $75K and under and $2400 married for those making under $150K with $500 a child.  Realize the danger in these stimulus checks to the fiscal stability of our government.

$6,000k!!!

I’d be on top of the world!
X

loco

  • Getbig V
  • *****
  • Posts: 20501
  • loco like a fox
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #3 on: July 09, 2020, 06:26:40 AM »
$6,000k!!!

I’d be on top of the world!


Voice of Doom

  • Getbig IV
  • ****
  • Posts: 3644
  • Everything is under control.
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #4 on: July 09, 2020, 06:35:36 AM »
 “I think the people who have been hit the hardest are people who make about $40,000 a year or less,” he said.” - Mitch

That's right Mitch.  Nobody making $41k and up got fired...or has bills to pay.

Mr Anabolic

  • Getbig V
  • *****
  • Posts: 10647
  • Better to die on your feet than on your knees.
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #5 on: July 09, 2020, 06:47:12 AM »
That is bullshit.  Democrat propaganda. What is happening is Democrats are telling everyone they want $6000 a person. They know they can't get it because it will cost trillions this country doesn't have and will result in the printing of money that has no backing. Democrats want to sound like Santa Clause so they can tell their voters the evil Republicans stopped them. Very dangerous the printing of money and could lead to wild inflation. Most Republicans want the same amount as last time. In order to get Democrats to get on board with out adding pork for to the bill Republicans are going to low ball the figure because they know Democrats have not only done nothing in Congress for three years they have tried to obstruct for three years. My prediction in the end after this game is played it will be for the same amount of $1200 for those making $75K and under and $2400 married for those making under $150K with $500 a child.  Realize the danger in these stimulus checks to the fiscal stability of our government.

What makes me laugh is the majority of people think these government handouts are "free money".  Taxes are going to go up dramatically, especially if Biden gets in.  Also, when the inflation hits, that $1200 is going to seem like $120.  When the hyperinflation starts it will be $12.  Most people here do not seem to understand how/why fiat currency loses more and more value with time.  The government, Fed and Treasury is robbing people... very covertly and very stealthy.

So when you get your "free money" deposit make sure you buy something useful and/or that will hold it's value... guns, ammo, gold, silver, food, water, etc.

SF1900

  • Getbig V
  • *****
  • Posts: 49696
  • Team Hairy Chest Henda
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #6 on: July 09, 2020, 06:50:39 AM »


LOCO, do you think it is possible that I will get more than 6K?
X

loco

  • Getbig V
  • *****
  • Posts: 20501
  • loco like a fox
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #7 on: July 09, 2020, 06:57:21 AM »
LOCO, do you think it is possible that I will get more than 6K?

Yes, definitely.  Go to school and get a good degree, such as physician, software engineer, or electrical engineer.  Or learn a good trade, such as plumber, welder, or electrician, and live a very frugal life, save and invest a portion of your salary in broad index funds, real estate, a good business, etc..

oldschoolfan

  • Getbig V
  • *****
  • Posts: 6114
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #8 on: July 09, 2020, 07:46:50 AM »
the corona virus has been great for me so far, i have been making more money because no one wants to work, claiming they are afraid of the anal virus,plus what looks like another corona bonus,

loco

  • Getbig V
  • *****
  • Posts: 20501
  • loco like a fox
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #9 on: July 09, 2020, 07:57:29 AM »
the corona virus has been great for me so far, i have been making more money because no one wants to work, claiming they are afraid of the anal virus,plus what looks like another corona bonus,

LOL

SF1900

  • Getbig V
  • *****
  • Posts: 49696
  • Team Hairy Chest Henda
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #10 on: July 09, 2020, 08:23:28 AM »
Yes, definitely.  Go to school and get a good degree, such as physician, software engineer, or electrical engineer.  Or learn a good trade, such as plumber, welder, or electrician, and live a very frugal life, save and invest a portion of your salary in broad index funds, real estate, a good business, etc..

Meh.
X

Humble Narcissist

  • Getbig V
  • *****
  • Posts: 32344
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #11 on: July 09, 2020, 09:05:09 AM »
What makes me laugh is the majority of people think these government handouts are "free money".  Taxes are going to go up dramatically, especially if Biden gets in.  Also, when the inflation hits, that $1200 is going to seem like $120.  When the hyperinflation starts it will be $12.  Most people here do not seem to understand how/why fiat currency loses more and more value with time.  The government, Fed and Treasury is robbing people... very covertly and very stealthy.

So when you get your "free money" deposit make sure you buy something useful and/or that will hold it's value... guns, ammo, gold, silver, food, water, etc.
Hyperinflation has always happened when too much currency was printed.  How much currency is printed at all these days?  Most transactions are done digitally.  I never used one printed dollar of the last stimulus check.  Any getbig economists know how hyperinflation works in the new digital economy?

Mr Anabolic

  • Getbig V
  • *****
  • Posts: 10647
  • Better to die on your feet than on your knees.
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #12 on: July 09, 2020, 09:16:16 AM »
Hyperinflation has always happened when too much currency was printed.  How much currency is printed at all these days?  Most transactions are done digitally.  I never used one printed dollar of the last stimulus check.  Any getbig economists know how hyperinflation works in the new digital economy?

Electronic currency has been around for a long time.  Physical or digital, it doesn't matter... still loses value over time.

Humble Narcissist

  • Getbig V
  • *****
  • Posts: 32344
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #13 on: July 09, 2020, 09:41:11 AM »
Electronic currency has been around for a long time.  Physical or digital, it doesn't matter... still loses value over time.
Has any country using primarily digital currency ever go into hyperinflation?

Mr Anabolic

  • Getbig V
  • *****
  • Posts: 10647
  • Better to die on your feet than on your knees.
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #14 on: July 09, 2020, 09:50:24 AM »
Has any country using primarily digital currency ever go into hyperinflation?

So you're implying we won't have a hyperinflation because the currency (trillions) being created from nothing is not physical green rectangles?

Humble Narcissist

  • Getbig V
  • *****
  • Posts: 32344
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #15 on: July 09, 2020, 09:57:23 AM »
So you're implying we won't have a hyperinflation because the currency (trillions) being created from nothing is not physical green rectangles?
I don't know but it's a question I have had for a while now.  If hyperinflation were a real threat why doesn't the Fed or Congress do anything about the debt?  Is it possible they want to tank the economy and ditch the 26 trillion debt and create a new currency?  They don't seem to be bothered by it at all.

Vince G, CSN MFT

  • Competitors II
  • Getbig V
  • *****
  • Posts: 25843
  • GETBIG3.COM!
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #16 on: July 09, 2020, 10:06:22 AM »
That's some fucking bullshit.....like people making 41k didn't lose their jobs
A

Humble Narcissist

  • Getbig V
  • *****
  • Posts: 32344
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #17 on: July 09, 2020, 10:15:06 AM »
That's some fucking bullshit.....like people making 41k didn't lose their jobs
They would only not get the stimulus check if they are still employed.

Body-Buildah

  • Getbig V
  • *****
  • Posts: 4959
  • Creepy Joe Touches Kids
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #18 on: July 09, 2020, 11:59:39 AM »
since i make that by APR 30, Im out

Humble Narcissist

  • Getbig V
  • *****
  • Posts: 32344
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #19 on: July 10, 2020, 04:09:18 AM »
since i make that by APR 30, Im out
That's everyone on this forum. :D

SOMEPARTS

  • Getbig V
  • *****
  • Posts: 16628
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #20 on: July 10, 2020, 05:20:28 AM »
Reparations for being a loser.

Humble Narcissist

  • Getbig V
  • *****
  • Posts: 32344
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #21 on: July 10, 2020, 08:49:11 AM »
Reparations for being a loser.
Yeah, but to be fair, the government forced the shutdown.

harmankardon1

  • Getbig IV
  • ****
  • Posts: 3097
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #22 on: July 10, 2020, 08:53:29 AM »
Electronic currency has been around for a long time.  Physical or digital, it doesn't matter... still loses value over time.

This^ it makes no difference what form the money is.

lightweight83

  • Getbig IV
  • ****
  • Posts: 1201
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #23 on: July 10, 2020, 10:59:25 AM »
since i make that by APR 30, Im out

It took you that long?  You are way behind the getbig average to make 40k, and it's by the middle of February at the latest!

SOMEPARTS

  • Getbig V
  • *****
  • Posts: 16628
Re: Second Stimulus Check Income Eligibility May Be Capped At $40,000
« Reply #24 on: July 10, 2020, 11:14:33 AM »
Yeah, but to be fair, the government forced the shutdown.


I'm referring to losers that make less than 40k, shut down or none.

Students that never finish,...SJWs....adult social media obsessives and finally the worst of all them "gamers"... AKA ..... LOSERS.