Does anyone understand the holdup on stimulus?

#551
#551
Orangeslice13 said:
I’m not giving those ****ers one red cent more than I legally have too. If they write a system that makes it so I can legally pay almost no taxes then that’s what I’m going to do.
Our system is so screwed. The only people who end up paying taxes are the poor.
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Yeah. Time for me to start selling polyester BLM shirts on Amazon and writing everything off.
 
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#552
#552
Orangeslice13 said:
The thing that gets me is the shortage of hunting rounds like 30/30. As far as I know, there aren’t many people in the “guns bad” crowd that currently considered my Winchester level 1862 a threat.
(They probably should though)
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Shot my first deer with a lever action 30/30 given to me by my great uncle. It’s a good, and slightly illegal story too lol
 
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#554
#554
GreveHaller said:
So they’re gonna send me $600 just to have me send it back in April? Why not they just keep it and we’ll call it a day
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Too logical. Won't happen.

Someone a day or so ago, I think it was hog, hit the nail on the head. A real stimulus would mean no tax liability for people up to a certain amount. Just refund taxes paid during the year.
 
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#558
#558
volfan_28 said:
Too much BS in the bill to pass it!! $154M to the national art gallery??? Several million to gender equality in Pakistan??? What a freaking joke. POTUS should veto!
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100% chance a large portion of that art money finds its way back into at least a couple politicians bank accounts. Do they think we’re stupid??
 
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#559
#559
GOP Blocks $2,000 Stimulus Payments, House To Hold Roll Call Vote On Proposal Monday

House Republicans blocked legislation Thursday that would have sent $2,000 in direct payments to Americans, House Speaker Nancy Pelosi said.

House Democratic and Republican leaders met early Thursday morning in a pro forma session and held a unanimous consent vote on the direct payments proposal, according to CNBC. Republican leadership voted the measure down, which required all lawmakers present to unanimously vote in favor for it to pass.

“Today, on Christmas Eve morning, House Republicans cruelly deprived the American people of the $2,000 that the President agreed to support,” House Speaker Nancy Pelosi said in a statement. “If the President is serious about the $2,000 direct payments, he must call on House Republicans to end their obstruction.” (RELATED: Trump Says He Won’t Sign Coronavirus Stimulus Into Law Without Major Changes On Direct Payments And ‘Wasteful Items’)

GOP Blocks $2,000 Stimulus Payments, House To Hold Roll Call Vote On Proposal Monday
 
#562
#562
None of this stuff is going to happen, but he did get more attention for a few days, which was the main objective.

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#566
#566
AshG said:
I am thankful that Trump signed the bill. The unemployment portion had been the only way we've made ends meet even with my new job; my wife just can't find work.

No slams, no snide remarks. My wife can literally sleep more easily tonight.
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Good luck to you guys.

Rough time right now, for sure.
 
#573
#573
Grudenator said:
I’m 25 and don’t expect social security, that’s why I put 10% into my 401k. People should NEVER rely on the government.
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You are young, take advantage of Roth, especially given the current debt trajectory, taxes will almost inevitably have to be higher in the future and they will go after responsible people like us. My strategy was:
  1. Contribute to 401k up to match
  2. Max out Roth
  3. Max out Roth for my wife
  4. Max out 401k
  5. Apply any bonuses toward principal on mortgage
It may take you 15-20 years to get everything maxed out but will be worth it when you see the results.
 
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#574
#574
imw8n4u said:
You are young, take advantage of Roth, especially given the current debt trajectory, taxes will almost inevitably have to be higher in the future and they will go after responsible people like us. My strategy was:
  1. Contribute to 401k up to match
  2. Max out Roth
  3. Max out Roth for my wife
  4. Max out 401k
  5. Apply any bonuses toward principal on mortgage
It may take you 15-20 years to get everything maxed out but will be worth it when you see the results.
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Yeah I’ve got Roth right now. Should I go ahead and open a traditional as well or just stick to the Roth?
 
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