OFFICIAL 2020 STIMULUS CHECK THREAD

[feeninlikejodeci]

I don't know what the **** living like an immigrant means (I'm being facetious, I know exactly what he meant and it was a ridiculous thing to say) but claiming 75K will get you nothing anywhere in California is absurd.

I scanned thru bruh's post history and right here he admits to dropping damn near 5 figures in the stock market (right when the pandemic started too)

OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

bought $9K worth of IMAX stock today. Hoping it triples in the next 31 months. Also bought some QQQ at $185 a few weeks ago. Up $30 a share on that

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Also, back in 2015 i remenber dude was flexing on NT'ers who wear glasses cause he had just dropped $5k on LASIK eye surgery. I know technically thats a long term investment but it doesnt really pay off until say atleast a full 2 decades. In the meanwhile, dude could have bought a few solar panels, been getting free electricity from the sun and selling the surplus back to the power company.

Also dude owns 2 cats. I could understand something low maintenance like a hanster or gerbil but 2 cats? Thats atleast $40 a month on food, double that if you get the premium stuff (so you dont have to take them to the vet as often). Then the time it takes vacuuming up their hair, changing litter boxes/deodorizers, chasing them when they run out the front door....you couldve been picking up Uber passengers, doing something that would put money in your pocket not take away from them.

 

[lightweight champion]

NT never forgets...

 

[blastercombo]

Thats what is happening right now. Problem is team Biden is so concerned with the optics of ramming this down the GOPs throat they wanna let them nix some things. Sounds like 15 dollar min wage alrdy off the table and now this debate about an income ceiling on the stimmy. Sickening.

They have to. How else will anything get passed? GOP won’t vote yes in anything other than big business bailouts. There’s no “optics” here

 

[biggie62]

Thats what is happening right now. Problem is team Biden is so concerned with the optics of ramming this down the GOPs throat they wanna let them nix some things. Sounds like 15 dollar min wage alrdy off the table and now this debate about an income ceiling on the stimmy. Sickening.

And the minimum wage increase can’t be voted through with reconciliation. That’s the issue. Don’t blame the Biden administration when the other team isn’t willing to even listen to anything. Those who follow politics know this.

 

[jewseejay]

And the minimum wage increase can’t be voted through with reconciliation. That’s the issue. Don’t blame the Biden administration when the other team isn’t willing to even listen to anything. Those who follow politics know this.

Kekkekeke dont blame the Biden adminstration. Good grief you people are the worst. What did he sign the EO for on Jan 22 if raising min wage wasnt in his per view.

If you dont hold your side just as accountable as the other plz take a seat

 

[biggie62]

Kekkekeke dont blame the Biden adminstration. Good grief you people are the worst. What did he sign the EO for on Jan 22 if raising min wage wasnt in his per view.

If you dont hold your side just as accountable as the other plz take a seat

It’s been 3 weeks and you want him to move the world when the other side doesn’t even want to approve us a dental mint? It’s one thing to hold accountable, it’s another to understand the dynamics of the situation.

There isn’t a super majority in either side of Congress, and you can’t ram things through that can’t be rammed through with reconciliation if it can’t be done with one.

 

[clyde the glide]

Is contributing to a retirement plan not norm somewhere? Think everyone contributes to their 401k at most companies unless you are only talking about retail or restaurant type work.

From what I've seen no, even amongst those who are fortunate enough to have good enough jobs that offer them. Worked at a place that matched 100% and some folks still weren't taking advantage.

 

[wallyhopp]

Anything to reduce tax liability is a must. Even if you just do a s&p500 index for $2,000 a year, that added net loss in liability is priceless.
And if you can get even lower earning folks into saving, they can earn up to $1,000 back in tax credits

if one is at the $19,000 threshold, I doubt you’re caring about saving when you are on a real grind to get by. But if you can muster up saving $1,000 over the course of the year through retirement savings,you’ll get $500 back as a tax credit. So the $500 you may have owed as a tax liability would have been erased. So instead of paying the man, you can get that money back and have some saved away. The retirement credit is so under used.
—-
I got a buddy into this. Part time worker. Right at $20,000/ year officially. I told him to take advantage Of his works 401k. He did about $2,000 a year, reduced his liability to$18,000, and ended up getting back $800 in tax liability that he would have owed had he been $20,000 with no 401k. He invested away $2,000 that he won’t see for awhile but basically got 50% off when it’s said and done.

 

[wallyhopp]

It’s this here

Retirement Savings Contributions Credit (Saver’s Credit) | Internal Revenue Service

The Saver's Credit is a tax credit for eligible contributions to your IRA, employer-sponsored retirement plan or Achieving a Better Life Experience (ABLE) account.

www.irs.gov

The biggest back are those below $19,000 something single. But it phases out over many different tax brackets. Even a 10% discount on index funds, as they maintain (or raise) their price over decades, this also lessens your tax liability. Even at 10% off for index funds, you aren’t exactly losing your money, while also lessening what you owe

every tiny bit helps. But I understand. Every nter is six figures and isn’t in debt. Lol.

 

[cjdynasty]

Not taking long for the Biden Administration to start looking funny in the light! Smdh!

 

[BaltimoreLove]

i hope biden dont do us dirty, this immediately taking too long...

 

[finessence]

If boeing or Exxon makes ________ per year, why do they need a billion dollar bailout????

 

[Raji Lowenthal]

Right. They campaigned on that. $600 was the "down payment"

Not true. J Biddy was all up in the videos in the GA runoff, dancing! Saying 2K checks were going out the door stimmediately

 

[mplsdunk]

Yeah, he did say that. They campaigned on that.

not off to a good start. They should have been out. Not fighting over lowering the amount.

if they can’t do it they shouldn’t have said they can.

 

[BIG LEEMELONE]

Take that both siderism somewhere else. Dems can do no wrong. They care. They try.

 

[mplsdunk]

these wack *** checks are dems version of trump opening coal mines.

 

[mplsdunk]

Take that both siderism somewhere else. Dems can do no wrong. They care. They try.

I actually voted this election, I can say whatever tf I want.

If they don’t do **** I’m voting green or marijuana party from now on. **** it.

 

[jewseejay]

They wild ***** b

ninjahood was right.

 

[blastercombo]

Take that both siderism somewhere else. Dems can do no wrong. They care. They try.

One side is arguing over how much to give while the over caused all this and literally laughed at giving more support. How’s that the same? Like arguing a horse and a dog are the same because they both have 4 legs

 

[BIG LEEMELONE]

I actually voted this election, I can say whatever tf I want.

If they don’t do **** I’m voting green or marijuana party from now on. **** it.

People were saying that even though Biden was campaigning on certain things like not defunding the police and actually investing more money into them, that he was just saying that to get elected and would switch up once he got into office. But I'm like..the people you call dumbasses were saying the same **** about trump.

 

[niceshoes247]

Where my monies !

 

[BIG LEEMELONE]

One side is arguing over how much to give while the over caused all this and literally laughed at giving more support. How’s that the same? Like arguing a horse and a dog are the same because they both have 4 legs

Did I say they were the same?

 

[blastercombo]

Did I say they were the same?

You said 5G will kill us all. Sit anything intellectual out

 

[BIG LEEMELONE]

You said 5G will kill us all. Sit anything intellectual out

I never said that. Maybe stop trying so hard

 

[blastercombo]

I never said that. Maybe stop trying so hard

We Have No Reason to Believe 5G Is Safe

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sit out anything intellectual