Author Topic: Coronavirus Stimulus Aid Package  (Read 154091 times)

Offline yitzgar

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2016
  • Posts: 3078
  • Total likes: 1277
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #820 on: December 28, 2020, 10:07:54 PM »
It's intentional.
The bernie's want it because they want more money handed out, and the pelosis want it, because it will make it harder for mcconnell to allow it to pass.

Offline PlatinumGuy

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Apr 2011
  • Posts: 14958
  • Total likes: 2421
  • DansDeals.com Hat Tips 11
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #821 on: December 28, 2020, 10:09:16 PM »
The bernie's want it because they want more money handed out, and the pelosis want it, because it will make it harder for mcconnell to allow it to pass.
Trump and Pelosi both want the bill to pass so that people get $$$
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline yitzgar

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2016
  • Posts: 3078
  • Total likes: 1277
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #822 on: December 28, 2020, 10:10:28 PM »
Trump and Pelosi both want the bill to pass so that people get $$$
Trump does. I think pelosi doesn't care. She'd probably rather that R's are seen as withholding extra money from the people

Offline PlatinumGuy

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Apr 2011
  • Posts: 14958
  • Total likes: 2421
  • DansDeals.com Hat Tips 11
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #823 on: December 28, 2020, 10:11:47 PM »
Trump does. I think pelosi doesn't care. She'd probably rather that R's are seen as withholding extra money from the people
She'd much rather Democrat voter ecstasy over free $$$.
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Online AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 30534
  • Total likes: 7831
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: Coronavirus Stimulus Aid Package
« Reply #824 on: December 28, 2020, 11:03:16 PM »
Trump does. I think pelosi doesn't care. She'd probably rather that R's are seen as withholding extra money from the people

Unlike Bernie. One facet of the division within the Democratic Party.

Edited to correct who I quoted
100% of Likes will be donated to support our brothers and sisters in Eretz Yisrael

Offline PlatinumGuy

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Apr 2011
  • Posts: 14958
  • Total likes: 2421
  • DansDeals.com Hat Tips 11
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #825 on: December 28, 2020, 11:06:32 PM »
Unlike Bernie. One facet of the division within the Democratic Party.

Edited to correct who I quoted
A progressive party is by definition going to be very divided about the degree of change, whereas it's much easier for a conservative party to agree to keep everything as is. This is why people are overestimating a 51:50 Democratic Senate. They are far less uniform than Republicans.
« Last Edit: December 28, 2020, 11:16:46 PM by PlatinumGuy »
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Online YitzyS

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2015
  • Posts: 5552
  • Total likes: 13697
  • DansDeals.com Hat Tips 34
  • Gender: Male
    • View Profile
  • Location: Lakewood, NJ
Re: Coronavirus Stimulus Aid Package
« Reply #826 on: December 28, 2020, 11:11:42 PM »
My guess: McConnell is going to introduce a bill to raise the stimulus checks to $1,200 or $1,500 per person. He can't give in to the D demands, but he can't completely block the bill. Agree?

Offline PlatinumGuy

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Apr 2011
  • Posts: 14958
  • Total likes: 2421
  • DansDeals.com Hat Tips 11
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #827 on: December 28, 2020, 11:16:25 PM »
My guess: McConnell is going to introduce a bill to raise the stimulus checks to $1,200 or $1,500 per person. He can't give in to the D demands, but he can't completely block the bill. Agree?
The bills start in Congress so McConnell can't introduce a bill. Anyways, they'd just be attracting more attention to the fact that they want to give you less $ than Democrats. They are more likely to come up with alternative Republican style handouts that favor businesses etc, but there's probably not enough time for it.
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline davidd75

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jan 2012
  • Posts: 3875
  • Total likes: 120
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: new jersey
Re: Coronavirus Stimulus Aid Package
« Reply #828 on: December 28, 2020, 11:34:05 PM »
Sure, why not?

I thought last time you had to have some income to be eligible?

Offline PlatinumGuy

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Apr 2011
  • Posts: 14958
  • Total likes: 2421
  • DansDeals.com Hat Tips 11
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #829 on: December 28, 2020, 11:34:57 PM »
I thought last time you had to have some income to be eligible?
Last time you didn't have to have income.
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline cgr

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2017
  • Posts: 4378
  • Total likes: 1320
  • DansDeals.com Hat Tips 7
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #830 on: December 28, 2020, 11:38:41 PM »
Last time you didn't have to have income.
No income requirement but most 18 year olds don't qualify as independent, which means they don't get one. This applies to many aged 17-24.

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Coronavirus Stimulus Aid Package
« Reply #831 on: December 28, 2020, 11:48:27 PM »
A progressive party is by definition going to be very divided about the degree of change, whereas it's much easier for a conservative party to agree to keep everything as is. This is why people are overestimating a 51:50 Democratic Senate. They are far less uniform than Republicans.

CMIIW, but weren't Republicans far less uniform when Trump started his presidency than they became at the sunset thereof?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline PlatinumGuy

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Apr 2011
  • Posts: 14958
  • Total likes: 2421
  • DansDeals.com Hat Tips 11
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #832 on: December 28, 2020, 11:50:00 PM »
CMIIW, but weren't Republicans far less uniform when Trump started his presidency than they became at the sunset thereof?
I have no idea. Mitt Romney for one is probably less in line...
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Coronavirus Stimulus Aid Package
« Reply #833 on: December 28, 2020, 11:50:26 PM »
No income requirement but most 18 year olds don't qualify as independent, which means they don't get one. This applies to many aged 17-24.

What about all those 18-24 year olds that didn't previously have income, but have received unemployment this year?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline yitzgar

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2016
  • Posts: 3078
  • Total likes: 1277
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #834 on: December 28, 2020, 11:52:18 PM »


The bills start in the House so McConnell can't introduce a bill. Anyways, they'd just be attracting more attention to the fact that they want to give you less $ than Democrats. They are more likely to come up with alternative Republican style handouts that favor businesses etc, but there's probably not enough time for it.
FTFY
Sorry, pet peeves of mine

Offline cgr

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2017
  • Posts: 4378
  • Total likes: 1320
  • DansDeals.com Hat Tips 7
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #835 on: December 28, 2020, 11:54:22 PM »
What about all those 18-24 year olds that didn't previously have income, but have received unemployment this year?
Still doesn't dictate if they're dependent or independent. They'll need to file a return, but they might still be required to file a dependent return.

Offline PlatinumGuy

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Apr 2011
  • Posts: 14958
  • Total likes: 2421
  • DansDeals.com Hat Tips 11
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #836 on: December 28, 2020, 11:55:10 PM »
FTFY
Sorry, pet peeves of mine
You're right, my bad. Shows how little I know
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Coronavirus Stimulus Aid Package
« Reply #837 on: December 29, 2020, 12:10:44 AM »
Still doesn't dictate if they're dependent or independent. They'll need to file a return, but they might still be required to file a dependent return.

Isn't there a certain income threshold beyond which they can't be claimed as a dependent?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline cgr

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2017
  • Posts: 4378
  • Total likes: 1320
  • DansDeals.com Hat Tips 7
    • View Profile
Re: Coronavirus Stimulus Aid Package
« Reply #838 on: December 29, 2020, 12:17:09 AM »
Isn't there a certain income threshold beyond which they can't be claimed as a dependent?
The income limit only applies to Qualifying Relatives that can sometimes be claimed as a dependent. It doesn't apply to one's own children.

See more here: https://turbotax.intuit.com/tax-tips/family/rules-for-claiming-a-dependent-on-your-tax-return/L8LODbx94

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Coronavirus Stimulus Aid Package
« Reply #839 on: December 29, 2020, 12:37:53 AM »
The income limit only applies to Qualifying Relatives that can sometimes be claimed as a dependent. It doesn't apply to one's own children.

See more here: https://turbotax.intuit.com/tax-tips/family/rules-for-claiming-a-dependent-on-your-tax-return/L8LODbx94

I guess this is what I meant:

Quote
Do you financially support them? Your child may have a job, but that job cannot provide more than half of her support.

While not a hard dollar limit, if the child's income exceeds their share in the parents divisible household income, would they be able to be claimed as dependent?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan