Goalie howlers are the best
boom still qualify fuckers
lets just hope they donât look at my 2020 return and take it back
Just go fuck yourselves you fucking assholes
https://twitter.com/sahilkapur/status/1357415840723968003?s=21
If the deficit increasing is a non-starter, then basically this would ensure this never gets off the ground, right?
Do they consider âupper incomeâ more than $50k/yr? Because if so fucking lol.
Itâs an upper middle class American, Michael. How much could it make, $50k?
I think technically reconciliation bills canât increase the deficit over something like a 5 year period. But Dems have been pointing to economic studies showing how this will help the economy recover more quickly, so they can say it will result in enough additional tax revenue to offset the payments.
Ty, that makes sense.
They should really read âThe Art of the Dealâ if they want to learn how to negotiate better.
Theyâd mostly rely on scoring by the nonpartisan Congressional Budget Office.
If you would have qualified based on your 2020 income donât you get the same amount as a tax credit/refund when you file your 2020 taxes?
No, theyâre self-owning.
Itâs not like the GOP tax cuts, passed via reconciliation, involved any budget math.
Hell, theyâre bragging theyâre going to add the money back to other parts of the bill.
Do we know that the income threshold is being lowered in the latest proposal, or are we just freaking out because the idea keeps being floated?
There is no actual bill yet, but it obviously has momentum. Psaki said Biden is âopen toâ lowering eligibility and the 9 shithead senators above also want to do so.
I donât know the rules (do the house and senate have to pass the exact same bill in reconciliation?), but I would generally expect the house to pass more generous payments, the senate less so, then who knows in conference committee.
The fact this is even being discussed is truly absurd.
BROKEN RECORD ALERT
The Dems are doing the same thing they always do. Whether it is idiocy or complicity is irrelevant. This own goal on the stimulus is who they are and who they have been for decades. Iâm sure many of them would have been happier losing Georgia so they wouldnât have to come up with a new crop of excuses why they arenât trying to actually accomplish their campaign promises.
As has been pointed out there was little or no hand wringing about the massive PPP giveaways to the rich any of the 3 times they mostly voted to fund it.
https://twitter.com/mkraju/status/1357457128160641025
This doesnât define upper income. But seeing that Sanders, Warren et al voted for it - hmmm.
https://twitter.com/stempleh/status/1357458958190018563
https://twitter.com/JoshBunchOfNums/status/1357457899719565312
This part might help with the 2019 tax returns problem at least - if true.
Whatâs insane to me is that these shitlib assholes ABSOLUTELY LOVE using the tax code to distribute money. Tax credits (but only for the right people) make them spontaneously ejaculate. Yet now that the obvious play is to ship all the money out and tax it back later, literally nobody that Iâve seen in government is even advocating for it.
I repeat the DanSpartan plan
Give everyone 5,000
Setup a separate schedule for clawback on next years taxes.
For every 1,000 over 50,000 clawback $50.
At 150,000 the clawback is the full 5,000.
Consider it a loan.
Pick your own numbers for phase out start and stop.
If you want donât send out checks for folks over the limit.
Thanks. Thatâs been my Ted Talk.
I thought it starts phasing out at 50k? Capping at 50k would be fucking insanity.
Right. The last was 75 start phase out and 100 complete. I would assume itâs proposed as 50/75.
But still itâs stoooopid. I sent a note to Casey. Didnât bother to send to Toomey since his vote doesnât count anymore.
People voted based on getting the extra money. All the people that got money the last two times. Any guess on how many the âdisenfranchisesâ?
This is really stupid, but I canât imagine even the dems are dumb enough to give someone who made $49,900 in 2019, $1,400, and someone who made $50,025, $0.