Summary.... The money is NOT taxable... Max amount is $1,200 for income of $75,000 or less $5 deducted from the $1,200 for every $100 over the #75k.... Please read the piece below from The Hill.... The Hill answered several frequently asked questions about the … [Read more...] about Here’s Some Information on those Stimulus checks that will be coming….
the Economy
Stock Market closes Up 1,352….3rd day in row of gains…Stimulus $$$ coming….
Investor's can smell the scent of the green.... And THEY are supply their own brief good news? US stocks rose on Thursday, notching the first three-day rally since February, after the Senate passed a $2 trillion coronavirus stimulus package. The Dow Jones industrial … [Read more...] about Stock Market closes Up 1,352….3rd day in row of gains…Stimulus $$$ coming….
IRS will send people their stimulus checks electronically, paper checks and wants to send debit cards also….
Those who make up to $75,000 will reportedly get $1,200.... Those who make up to $99,000 a bit less.... The money will start flowing in a few weeks if Trump signs the bill this Friday.... The IRS wants to issue as many stimulus payments electronically as it … [Read more...] about IRS will send people their stimulus checks electronically, paper checks and wants to send debit cards also….
Senate passes $2 trillion bill Phase III stimulus bill….
Approval in the US Senate was unanimous.... The House will vote on the larges stimulus/bailout package in history by Friday.... House Speaker Pelosi advises there is probably more legislation to come .... The bill includes direct money fo0r corporations and … [Read more...] about Senate passes $2 trillion bill Phase III stimulus bill….
A record breaking 3.3 Million Americans apply for jobless benefits just last week….
The number is actually higher since some on-line problems have occurred that has not allowed some people to get into their states systems..... The rate could be 5.5 of even more.... This is going to have state's go thru their budgets even with more money coming from the … [Read more...] about A record breaking 3.3 Million Americans apply for jobless benefits just last week….
Congress Stimulus bill money will bail out firms that avoided taxes, safety regulations and spent billions boosting their stock
Politics‼️..... This from The Washington Post.... When airline executives realized a few years ago that they could charge passengers extra fees for just about anything — meals, checking bags, even choosing seats — their businesses seemed bulletproof. “I don’t think … [Read more...] about Congress Stimulus bill money will bail out firms that avoided taxes, safety regulations and spent billions boosting their stock
Republican state governors may not go with Trump’s lifting of virus restrictions…
Some haven't pushed for stay home restrictions and some have... But it appears that some Red states testing numbers are rising, which would caution any relaxation of virus restrictions.... West Virginia Gov. Jim Justice, who presides over a state Trump won with … [Read more...] about Republican state governors may not go with Trump’s lifting of virus restrictions…
Phase III Stimulus Bill highlights….
The New York Times give a fast view of the basic's..... The government will send direct payments to taxpayers. Lawmakers agreed to provide $1,200 in direct payments to taxpayers with incomes up to $75,000 per year before starting to phase out and ending altogether for those … [Read more...] about Phase III Stimulus Bill highlights….