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BigRedBuster

Covid-19 Legislation

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58 minutes ago, RedDenver said:

$1200 for each adult is woefully inadequate.

Not necessarily disagreeing.  But, you need to also include the expansion of unemployment and the benefit to employers for not laying off workers.

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12 minutes ago, BigRedBuster said:

Not necessarily disagreeing.  But, you need to also include the expansion of unemployment and the benefit to employers for not laying off workers.

 

Is that in the plan?   I haven't read it and haven't seen much details regarding that.   Hopefully that also includes not cutting hours for non-exempt employees as well.

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12 minutes ago, sho said:

 

Is that in the plan?   I haven't read it and haven't seen much details regarding that.   Hopefully that also includes not cutting hours for non-exempt employees as well.

Quote

Republicans won inclusion of an “employee retention” tax credit that’s estimated to provide $50 billion to companies who retain employees on payroll and cover 50% of workers’ paychecks. Companies would also be able to defer payment of the 6.2% Social Security payroll tax.

LINK

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1 minute ago, BigRedBuster said:


I believe that stipulation is for businesses employing 50 or less people so it does not include corporations. 

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What will you do with your stimulus cash?

 

I wish I could say I would do something awesome with it...but I will just get rid of some debt.

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1 minute ago, Frott Scost said:


I believe that stipulation is for businesses employing 50 or less people so it does not include corporations. 

I know one hell of a lot of corporations that employ less than 50.

 

I haven't seen yet that there is a limit on this.  Do you have a link to that?

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2 minutes ago, BigRedBuster said:

I know one hell of a lot of corporations that employ less than 50.

 

I haven't seen yet that there is a limit on this.  Do you have a link to that?

 

 

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@Frott Scost This is the first paragraph up from what I quoted.

 

Quote

“It ensures that all workers are protected whether they work for businesses small, medium or large, along with self-employed and workers in the gig economy,” Schumer said.

 

 

Just not positive what the quote was specifically referencing.  

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3 minutes ago, teachercd said:

What will you do with your stimulus cash?

 

I wish I could say I would do something awesome with it...but I will just get rid of some debt.

When are we supposed to be getting this check?   Depending on when will dictate what we do with it.  Also anyone know how this will work with kids and joint custody?   I can already see a lot of domestic incidents where one parent isn't sharing it with the other parent.

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2 minutes ago, sho said:

When are we supposed to be getting this check?   Depending on when will dictate what we do with it.  Also anyone know how this will work with kids and joint custody?   I can already see a lot of domestic incidents where one parent isn't sharing it with the other parent.

Just a guess...but I would think in the next 3 weeks.

 

No idea about joint custody stuff...my guess again is that it will be based off who field them on their taxes in 2018??

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3 minutes ago, sho said:

When are we supposed to be getting this check?   Depending on when will dictate what we do with it.  Also anyone know how this will work with kids and joint custody?   I can already see a lot of domestic incidents where one parent isn't sharing it with the other parent.

 

 

That's a good point. I don't think we can blame Congress too much for those arguments, though. They're trying to get cash out into the system, not worrying too much about what we do with it, I guess.

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Just now, BigRedBuster said:

What is "UI"?

 

Unemployment Insurance.

 

I don't like it when people use abbreviations and just presume we all know what they're talking about. I had to dig through the tweet thread a little to get the context.

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11 minutes ago, teachercd said:

What will you do with your stimulus cash?

 

I wish I could say I would do something awesome with it...but I will just get rid of some debt.

You will make hundreds of very small house payments.

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