Bailout / Stimulus Discussion (Hints Missed & Shartz Fired)

I mean, not really, but can you imagine?

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you son of a bitch

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Heh, I thought it was electronic democrat. One that talks a good game on social media but doesn’t actually do anything.

The “now evident much needed heroes act?” Writing is hard

Hey man, I’m in accounting. All I know is numbers. What is writing?

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No, those are the people we like.

Same thing.

Trump just extended the CARES Act at $400/wk and gave a payroll tax holiday through the end of the year.

He’s also talking about doing a cap gains tax cut as well.

All via EO. He signed the first ones moments ago.

He didn’t extend cares act…it did a lot more than just UE

He says he’s doing $400/week for unemployment tho, but wants states to fund 25% of that and doesn’t know where the money will come from. I doubt I’ll get a dime from this executive order.

And the payroll is a deferral, so the taxes are still due, just not taken out of your paycheck the rest of this year. So people will get a shocker in April on their tax bill. And it’s only for <100k earners.

Did it even before the narrator had a chance to correct you

LOL. So you guys feeling a 2 or 3% bump in the Dow Joans Monday?

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So his plan is to say he’ll make the tax cuts permanent if re-elected.

So you either vote him or you get a big tax bill in April.

What would Awval do?

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lol what a giant cluster fuck that’s going to be.

Only congress can do actual
Tax cuts, he has zero authority to forgive the payroll tax deferral

Well that just about seals the deal folks.

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No clue what’s gonna happen in a few weeks when everyone realizes no UE money is coming.

“By definition, states’ administration of unemployment insurance must conform to federal law – and there is no federal law on the books allowing for an additional sum.”

So states won’t be sending out any additional funds from this EO.

Where is he going to get this money? I don’t think they have a clue how to follow through on any of these executive orders.

Even if he gets the money, he has no way to distribute it.

Imagine the other 44 Presidents who didn’t realize you could just do whatever the fuck you wanted! Sad!

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https://www.washingtonpost.com/business/2020/08/08/trump-executive-order-coronavirus/

Some experts have expressed confusion over the legality of a plan to unilaterally extend federal unemployment benefits. White House officials have studied using leftover money approved by Congress for use by the Federal Emergency Management Agency.