Quote:
Originally Posted by Discuss Thrower
The money got phased out the more a person and/or their SO made, so I'm pretty confident the bar was set roughly in the right spot to keep people fed and housed.
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Married Couples filing Jointly whose AGI is $0-$150k received $1,200 dollars each, or $2,400 per household. If those same couples have children, they receive an additional $500 per child.
Married Couples filing Jointly whose AGI is $150,001-$198,000 receive $600 per adult and $500 per child.
Married Couples whose AGI was greater $198,001 received zero.
If a Married couple whose AGI was greater than $150k needed $1,200 dollars in order to get by for 10 weeks, they have much bigger problems than the pandemic.
Quote:
Originally Posted by Discuss Thrower
And if people who got any amount of stimulus who weren't in a position where they needed it at this time then I hope they put it into savings but that's just moranic of me to think that will actually happen, apparently.
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And that's the
exact opposite reason for providing Stimulus money to those on the upper end of the spectrum. People that can spend the money, should spend the money.
Saving it does absolutely nothing for the economy and in the end, what's $1,200 to people who's AGI is greater than $150k?