1.9 Trillion dollar Covid bill passes

[vantexan]

Republicans controlled the presidency and both houses of congress way back in 2017. They ballooned the debt. Facts don’t care about your feelings.

And we've gone over this before but I guess you hope people won't remember. There was a large contingent of Republicans in the House who refused to give Trump what he wanted on defense spending. So he struck a deal with the Democrats who agreed to vote for his spending as long as they got what they wanted. Result was a bloated spending bill that got passed with Dems support. Which shows you how disingenuous Dems were. There's a president that was willing to work with them yet they tried everything possible to ruin him. For the record I agree with those House Republicans who refused to vote for that kind of spending.

 

[It will be fine]

And we've gone over this before but I guess you hope people won't remember. There was a large contingent of Republicans in the House who refused to give Trump what he wanted on defense spending. So he struck a deal with the Democrats who agreed to vote for his spending as long as they got what they wanted. Result was a bloated spending bill that got passed with Dems support. Which shows you how disingenuous Dems were. There's a president that was willing to work with them yet they tried everything possible to ruin him. For the record I agree with those House Republicans who refused to vote for that kind of spending.

Republicans controlled both houses. Controlling debt was not a priority for that congress. Your rambling about making a deal doesn’t change the fact that when in control republicans didn’t control debt.

 

[vantexan]

Republicans controlled both houses. Controlling debt was not a priority for that congress. Your rambling about making a deal doesn’t change the fact that when in control republicans didn’t control debt.

You apparently don't know how Washington works. Deals are made all the time. Congressmen don't stand nobly like George Washington crossing the Delaware refusing to make deals. And the fact is that spending bill got passed with Democratic support along with remaining Republicans. More than 100 Republicans voted against it in the House. You need to realize Republicans aren't in lock step on everything.

 

[Wally]

they probably do it intentionally too:

-raise the debt when theyre in office
-use it as an excuse to cut programs when theyre out.

Plenty of blame on both sides for sure. A lot of this goes back to the Clinton years when even keeping spending the same as last year was call a cut. Spending the same was starving children and pushing granny off a cliff, they said.

 

[rickyb]

Plenty of blame on both sides for sure. A lot of this goes back to the Clinton years when even keeping spending the same as last year was call a cut. Spending the same was starving children and pushing granny off a cliff, they said.

it is a cut if they keep spending the same because of inflation i assume.

 

[oldngray]

Recovery rebate credit on your 2020 tax returns line 30 or form 1040RS will give you a dollar for dollar tax credit. Check with your tax preparer for correct filing.

You can claim the tax credit if you didn't already get the stimulus check. You can't get both.

 

[Wally]

Republicans controlled both houses. Controlling debt was not a priority for that congress. Your rambling about making a deal doesn’t change the fact that when in control republicans didn’t control debt.

Starving children, remember?

 

[Wally]

it is a cut if they keep spending the same because of inflation i assume.

Even the notion of examining outdated or redundant programs causes outrage.

 

[It will be fine]

Starving children, remember?

So republicans didn’t lower debt because of a bad faith attack by democrats? That’s a lame excuse.

 

[rickyb]

Even the notion of examining outdated or redundant programs causes outrage.

bill clinton destroyed programs like welfare when he shouldnt have, and deregulated when he shouldnt have.

 

[BrownFlush]

Black farmers: $
White farmers: 0

Racism anyone?

 

[Wally]

So republicans didn’t lower debt because of a bad faith attack by democrats? That’s a lame excuse.

Starving children works. The media runs with it every time.

 

[It will be fine]

Starving children works. The media runs with it every time.

Good to know you’re willing to sacrifice your alleged priorities if the opposition is mean about it.

 

[SLW]

• 
  $169,739,000 to Vietnam, including $19 million to remediate dioxins (page 1476).
• Unspecified funds to “continue support for not-for-profit institutions of higher education in Kabul, Afghanistan that are accessible to both women and men in a coeducational environment” (page 1477).
• $198,323,000 to Bangladesh, including $23.5 million to support Burmese refugees and $23.3 million for “democracy programs” (page 1485).
• $130,265,000 to Nepal for “development and democracy programs” (page 1485).
• Pakistan: $15 million for “democracy programs” and $10 million for “gender programs” (page 1486).
• Sri Lanka: Up to $15 million “for the refurbishing of a high endurance cutter,” which is a type of patrol boat (page 1489).
• $505,925,000 to Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama to “address key factors that contribute to the migration of unaccompanied, undocumented minors to the United States” (pages 1490-1491).
• $461,375,000 to Colombia for programs related to counternarcotics and human rights (pages 1494-1496).
• $74.8 million to the “Caribbean Basin Security Initiative” (page 1498).
• $33 million “for democracy programs for Venezuela” (page 1498).
• Unspecified amount to Colombia, Peru, Ecuador, Curacao, and Trinidad and Tobago “for assistance for communities in countries supporting or otherwise impacted by refugees from Venezuela” (page 1499).
• $132,025,000 “for assistance for Georgia” (page 1499).
• $453 million “for assistance for Ukraine” (page 1500).

Well a BUNCH is

LMAO look at all that CIA money

 

[rickyb]

657 billionaires can cover 2/3 of 1.9 trillion just with their profits since march

Americans For Tax Fairness

@4TaxFairness
·
4h

REPORT: 1 year, 530k deaths, 29 million cases & 78 million lost jobs into the pandemic, America's 657 billionaires have profiteered their way to $1.3 trillion in gains. That's a 44% windfall since last March. Their pandemic profits alone could fund 2/3 of the #AmericanRescuePlan



Kyle Griffin and 9 others

 

[oldngray]

657 billionaires can cover 2/3 of 1.9 trillion just with their profits since march
Americans For Tax Fairness
@4TaxFairness
·
4h

REPORT: 1 year, 530k deaths, 29 million cases & 78 million lost jobs into the pandemic, America's 657 billionaires have profiteered their way to $1.3 trillion in gains. That's a 44% windfall since last March. Their pandemic profits alone could fund 2/3 of the #AmericanRescuePlan

Kyle Griffin and 9 others

Looks more like a liberal donors list

 

[rickyb]

Looks more like a liberal donors list

ppl liek this corrupted the democrats.

i look at the list of corporations and all evil.

 

[tonyexpress]

Democrats Just Snuck a $1 Billion Tax Crackdown on Workers Into Their COVID Bill

A tax expert warned that IRS penalties ‘can destroy a person’s life’ and said many gig economy workers won’t be able to afford this sudden tax crackdown.

When the economy is struggling to recover from a pandemic and crushing government lockdowns, that’s probably the worst time to impose a $1 billion tax crackdown on the working class. But that’s exactly what a new provision quietly slipped into the Democrats’ sweeping $1.9 trillion COVID legislation would do.

“A last-minute insert by Democrats looking to offset the cost of their coronavirus aid package would send tax collectors into the gig economy, eventually costing Uber and DoorDash drivers, Airbnb hosts and others about $1 billion annually,” Roll Call reports.

Under current tax law, earnings data for gig economy workers only needs to be reported to the IRS once it reaches $20,000. This means that small earners pursuing gig work to supplement their income aren’t hit by crushing federal taxes. However, the Democrats’ provision would nearly eliminate this benchmark, and instead require all income above $600 to be reported to the IRS.

“The stiffer tax burden would be imposed while 10 million Americans are unemployed and more and more have turned to freelance and gig economy work to make ends meet,”

 

[vantexan]

Democrats Just Snuck a $1 Billion Tax Crackdown on Workers Into Their COVID Bill

A tax expert warned that IRS penalties ‘can destroy a person’s life’ and said many gig economy workers won’t be able to afford this sudden tax crackdown.

When the economy is struggling to recover from a pandemic and crushing government lockdowns, that’s probably the worst time to impose a $1 billion tax crackdown on the working class. But that’s exactly what a new provision quietly slipped into the Democrats’ sweeping $1.9 trillion COVID legislation would do.

“A last-minute insert by Democrats looking to offset the cost of their coronavirus aid package would send tax collectors into the gig economy, eventually costing Uber and DoorDash drivers, Airbnb hosts and others about $1 billion annually,” Roll Call reports.

Under current tax law, earnings data for gig economy workers only needs to be reported to the IRS once it reaches $20,000. This means that small earners pursuing gig work to supplement their income aren’t hit by crushing federal taxes. However, the Democrats’ provision would nearly eliminate this benchmark, and instead require all income above $600 to be reported to the IRS.

“The stiffer tax burden would be imposed while 10 million Americans are unemployed and more and more have turned to freelance and gig economy work to make ends meet,”

That's that Modern Monetary Theory in action. Take away any expendable income to keep inflation in check. They should be happy to contribute.

 

[It will be fine]

Democrats Just Snuck a $1 Billion Tax Crackdown on Workers Into Their COVID Bill

A tax expert warned that IRS penalties ‘can destroy a person’s life’ and said many gig economy workers won’t be able to afford this sudden tax crackdown.

When the economy is struggling to recover from a pandemic and crushing government lockdowns, that’s probably the worst time to impose a $1 billion tax crackdown on the working class. But that’s exactly what a new provision quietly slipped into the Democrats’ sweeping $1.9 trillion COVID legislation would do.

“A last-minute insert by Democrats looking to offset the cost of their coronavirus aid package would send tax collectors into the gig economy, eventually costing Uber and DoorDash drivers, Airbnb hosts and others about $1 billion annually,” Roll Call reports.

Under current tax law, earnings data for gig economy workers only needs to be reported to the IRS once it reaches $20,000. This means that small earners pursuing gig work to supplement their income aren’t hit by crushing federal taxes. However, the Democrats’ provision would nearly eliminate this benchmark, and instead require all income above $600 to be reported to the IRS.

“The stiffer tax burden would be imposed while 10 million Americans are unemployed and more and more have turned to freelance and gig economy work to make ends meet,”

Doesn’t sound correct to me. I’ve had to issue 1099s for any type of contractor work over $600 for several years. I’m sure uber has been issuing 1099s for all their workers below $20k too.