Not sure how the USA is doing it. I would assume it is not to everyone, just those affected, and or bellow a certain income. I am for it as it is akin to emergency war time spending.
It is for 90% of people, the lowest threshold when it starts to decline, single, is $75k income in 2019. So basically everyone gets it.
Do they need to have lost work due to Covid to qualify? I know that was the requirement up here in Canada. It was $2000 a month if you lost work, and EI became easier to apply for.
No. It is just based on 2019 earnings. But 90%+ of people qualify based on 2019 earnings. It does not take into account savings or 2020 earnings.
Still based on 2019 tax filings. I believe. If they do that $1400 payment to compliment the $600 one, many of us will be traversing excrement creek without a rudder.
I take it you are not a fan of the $1400 stimulus, why?
Because I'll see maybe $250 of it between a $2000 stimulus and the $1200 payment made earlier on. Don't get me wrong, it's enough for sour grapes, but not much else.
Because you made to much money in 2019?
That’s a sore subject, let’s pick something else to discuss.
It does suck when you have a good year, and then expect the next to be the same. I was doing great in 2019, but things were rougher this year.
You don't live in the US, right? Or else you missed out on some stimulus money!
I am Canadian. I did get a $2000 cheque when work got shut down for a couple weeks, but otherwise kept working the whole time. We managed to shut down the right things and keep working
Of course, respect that!
I ...lost almost everything.
Two words keep me grounded now: Champions adapt.
They do! Good to hear that you did not lose everything and that you are adapting. Keep your spirits high!
I don't have anything other on my mind to discuss right now, but maybe in the future.
