The 2000 dollar stimulus check is in the works

We really cant afford it ... but any fiscal responsibility went right out the window in the states ....

many states lost tons of money to fraud in this whole thing as well .... some one filed for unemployment with my previous name/ address in a city i had not lived for 6 years ....... lucky i was alerted and filed a fraud claim even though a simple check of my SSN would have shown i am working and thus paying into unemployment ........... 300 miles away from that address .....
:mad:My state lost 650 million only recovered about 300 million of that ( governor wanted to skip the standard verification to get money out fast and most went to fraud) ......... all these programs will need to be paid for so most taxes will be jacked up in the next decade to pay for the insanity.

:)but good news is our grandchildren and their children will get to pay for this!

We qualify for the payments but were somehow missed last time although the IRS had no problem processing our taxes and cashing our check for some owed ......
I am not holding out hope we will get one now either. one year our refund check the address they had literally had no connection to us i looked over the return that year it had correct info.......i will never understand how the post office found the right address.
I have spent a great deal of time trying to contact the IRS to see why we were forgotten or better yet they sent to someone else.... spent a few days on phone transferred around and then hung up after about 45 minutes ........ twice ......since many are working from home you cannot get a straight answer..

lucky i do not need it but it still shows the problem with this rushed programs.
 
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Jeni said:
We really cant afford it ... but any fiscal responsibility went right out the window in the states ....

many states lost tons of money to fraud in this whole thing as well .... some one filed for unemployment with my previous name/ address in a city i had not lived for 6 years ....... lucky i was alerted and filed a fraud claim even though a simple check of my SSN would have shown i am working and thus paying into unemployment ........... 300 miles away from that address .....
:mad:My state lost 650 million only recovered about 300 million of that ( governor wanted to skip the standard verification to get money out fast and most went to fraud) ......... all these programs will need to be paid for so most taxes will be jacked up in the next decade to pay for the insanity.

:)but good news is our grandchildren and their children will get to pay for this!

We qualify for the payments but were somehow missed last time although the IRS had no problem processing our taxes and cashing our check for some owed ......
I am not holding out hope we will get one now either. one year our refund check the address they had literally had no connection to us i looked over the return that year it had correct info.......i will never understand how the post office found the right address.
I have spent a great deal of time trying to contact the IRS to see why we were forgotten or better yet they sent to someone else.... spent a few days on phone transferred around and then hung up after about 45 minutes ........ twice ......since many are working from home you cannot get a straight answer..

lucky i do not need it but it still shows the problem with this rushed programs.
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My daughter got the first round in a paper check. She has not got the last round and since those payments have a cut off date she thinks she won’t get it. The irs sent the payment to a closed account, when the money was returned a paper check was sent.

But because of the cut off date she thinks she won’t get the 1200 plus, but she might. As for the 2000, that was promised if the dems got control of the senate which they have. Other than that, I believe the specifics have yet to be worked out.

I got both rounds of the stimulus checks as did my son. I hope I get the third. The income limit is based on AGI, adjusted gross income. We make well under the 70,000 (or 75,000) limit for the second round. The 1200 probably just repaid us for all the gloves, masks, cleaning supplies, and higher prices that we paid for the last 11 months. But the 4000, if we get it, will be really great.

Yes, our grandchildren and great grandchildren will pay for this through taxes. Unless the world economy simply fails which could happen. 2021 will be a rocky road, but we will get through it.
 
OneEyedDiva said:
@Aneeda72 SURE it is! LOL :ROFLMAO: I'll believe it when I receive it.

HD...everywhere is not closed actually. Supermarkets are open, warehouse stores are open, many other retail establishments including pharmacies are open, some restaurants are open for take out and of course there's always ordering things online. The "stimulus" idea is not only to help those who lost work but to help stimulate the economy. I don't know how feasible it would be to expect the government to figure out who needs this and who doesn't since they seem to be having a lot of problems even keeping their unemployment website operational. Truth be told, a lot of people who are still working need help! Believe me, I know several of them who don't even make $75,000, which as @Murrmurr pointed out, isn't much for a family of 4. Then there's the matter of where a person/family is living. The cost of living is very high in parts of the U.S. and I live near one of the areas where that is the case. Finally, for those of us who do not need the stimulus, there is always to option of donating it to worthy charities.
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yes you can imagine the cost of living in London , one of the most expensive cities in the world, and our govt don't give any extra money to people to spend... the govt can't possibly afford to , simply that.. hundreds of thousands of people have been placed on furlough where the government is having to pay a percentage of their wages , and amongst those thousands are people who have become unemployed, and no-one is giving them anything extra to live in the most expensive city... ( and of course other places in the UK)... they will be expected to live on unemployment benefit, and for a single person with no dependants is a meagre £75 per week ( approx , I don't know the exact figures) ..further to that all of our non essential shops and businesses..(restaurants/cafes/bars/pubs/toys stores/ clothing stores/ certain services, even today MacDonalds now only doing takeaway service) )..are all closed, and those people are either furloughed if it's possible to do their job from home, or now unemployed and trying paying a rent for a ramshackle one bed apartment in a rundown part of London , costs around.. £1500 per month out of £75 a week benefits... ..or worse.. a mortgage of £5k a month on that same £75.. per week... ?.. plus a little help with benefits if you have children .

Even without handing out extra money to the populace here, we're looking at a country with potential bankruptcy looming next year due to all the extra unemployment benefits being paid out , and furlough payments being spent from the taxpayers money .. with our Taxes of those still employed rocketing next year to pay for it..

Anyway thanks all for your explanation, it was just something I didn't know the details of, but had read on here that people were getting... I'm in danger of turning this thread into politics, and that's definitely not my aim...
 
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@hollydolly If you’re shocked at the US & the one $2000 stimulus check, you’ll be mortified that Canada gave that amount x 6 months to those who lost income, etc. Businesses were subsidized too. Many received $ that didn’t need them and many people and businesses fell through the cracks. It was rolled out without enough thought - gee, big surprise with government haste. It is taxable and there’ll be lots of complaints when recipients realize this.

Everyone (not per family) received $600 once, whether we needed it or not. Non taxable. We live a very basic lifestyle & had nowhere to go this year. I split mine between my two daughters because I knew their finances were stretched.
 
Jules said:
@hollydolly If you’re shocked at the US & the one $2000 stimulus check, you’ll be mortified that Canada gave that amount x 6 months to those who lost income, etc. Businesses were subsidized too. Many received $ that didn’t need them and many people and businesses fell through the cracks. It was rolled out without enough thought - gee, big surprise with government haste. It is taxable and there’ll be lots of complaints when recipients realize this.

Everyone (not per family) received $600 once, whether we needed it or not. Non taxable. We live a very basic lifestyle & had nowhere to go this year. I split mine between my two daughters because I knew their finances were stretched.
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You misunderstand, I'm certainly not shocked and wouldn't be shocked that a government would give a financial hand-up to anyone whose lost their jobs or businesses in this pandemic..I'd actively encourage it ( not happening here in the UK unfortunately)... what I didn't understand was giving money to everyone whether they worked or not.. just because they earn less than £75k... which in this country is regarded as a very good middle class salary..despite our high cost of living..

..anyway I don't want to get this thread locked due to political discussion so I won't say any more :)
 
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All your posts are very interesting.
Don't know what the accurate $ are for relief in Canada.
Funds are forwarded onto business ..... families of low income......unemployed......and many, many others.
Not sure how much or how often.

I got an additional 279.00 included in my quarterly GST allowance in July......only that one time......my quarterly amount is 115.00.
So.....i'm just one of those, between a rock and a hard place.
But......
I'd rather see those that are in great need get the help.
 
hollydolly said:
I'm not against you getting it, why not, But I'm really not understanding why you would get it.. ( long may you get it obviously if the govt can afford to pay it out)... but does that mean for example if you're on Social security benefits you get paid this money, the same as if you are a businessman earning $70,000 per year ?

Sorry for the questions but I really know nothing about the reasons behind the payments, we have nothing similar here
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Mercy... everyone is wrong...... we are getting the past and present stimulus so the government can piggyback trillions into the bill under the guise of pandemic. Don't be fooled..... the stimulus for the people is 4%. The stimulus for the world is 96%.
 
If you don't actually need it, the intention is to spend it.

Stimulus= to stimulate the economy. One can spend it on goods for a less fortunate person or on food for the food pantries, or whatever. It's meant to be spent.

Also meant for employees of closed eateries, closed anything, to help ends meet.
 
Buckeye said:
???? Median household income in 2019 was $68,703 per census bureau.
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Median rent in 2019 was $1078, but that doesn't tell me how many bedrooms or what kind of area we're talking about, and there was an uptick in the average number of people per household in 2019 but that doesn't tell me if some, most, or few of those households were multi-generational, but I can imagine the adults in them need a car or two, and of course, they all gotta eat with what's left after the increased utility payments are met.
 
C'est Moi said:
Yeah, and many states don't have a ridiculous cost of living like CA. $75k in Mississsippi would be a comfortable living.
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How much do you think a person actually has to make to get 75k in Mississippi? Remember the stimulus is paid based on AGI. So if you are taking home 75k you are making well over 100,000K.
 
It seems kind of silly for everyone, or nearly everyone, to get this stimulus check, whether they need it or not. But imagine the logistical nightmare of investigating every single household to decide whether they "need" it. It's probably just easier to give it to everybody.

People who don't need it always have the option of donating it to a food bank or some other charity.
 
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