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Sat Aug 8, 2020, 05:55 PM

You know what I don't see in trump's Executive's order? The $1200 stimulus.

Is it gone?

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Response to pepperbear (Original post)

Sat Aug 8, 2020, 05:58 PM

1. Right! I was expecting him to say that, when instead he threw me with state UI

Which screws gig workers far as I can tell

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Response to soothsayer (Reply #1)

Sat Aug 8, 2020, 06:06 PM

4. For the first time ever, California is giving UI to gig workers, BUT: you report your NET income,

which for me, due to 2 major surgeries and lots of lost work was very low, so I get $167 a week!
As long as you get at least $1 in UI from the state, you also got the Fed money. BUT, if you worked at all, you have to report your GROSS, and then they subtract that from your UI payment, even though what you report is far far from what was actually left for you after expenses.
So if I make $168 in a week I then LOSE all the Fed money, it's impossible to exist on $167!

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Response to pepperbear (Original post)

Sat Aug 8, 2020, 06:01 PM

2. I think his payroll tax bullshit replaced it... nt

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Response to sweetloukillbot (Reply #2)

Sat Aug 8, 2020, 06:09 PM

5. But payroll tax is on the EMPLOYER, isn't it? so no idea how he thinks this helps actual workers,but

then again his bootlickers won't have a clue, and will think there won't be ANY taxes taken out of their paychecks.

if they're even getting paychecks.

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Response to BamaRefugee (Reply #5)

Sat Aug 8, 2020, 06:21 PM

10. Deleted. Sorry.

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Response to BamaRefugee (Reply #5)

Sat Aug 8, 2020, 06:50 PM

13. Not all of it.

Part is taken out of employee and part from employer.

It is intended to destroy Social Security and Medicare. They will have to reduce Social Security later when it is being depleted and increase Medicare monthly premiums at a faster rate.

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Response to BamaRefugee (Reply #5)

Sat Aug 8, 2020, 06:58 PM

14. Its on both.

Half and half.

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Response to pepperbear (Original post)

Sat Aug 8, 2020, 06:06 PM

3. shithole does not have the money and Americans sure don't want him to have

any authority to request it from the treasury.

It's all a smoke scene. And there is no $1,200 stimulus check . .

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Response to Iliyah (Reply #3)

Sat Aug 8, 2020, 06:11 PM

7. Right, I think he signed a thing he's not constitutionally allowed to do

So he won’t have to pay anything but still seem like a good guy

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Response to pepperbear (Original post)

Sat Aug 8, 2020, 06:10 PM

6. Payroll tax deduction.

FICA pays for Social Security and Medicare. It is a percentage of your earnings typically your employer pays to fund those social programs.

As I understand it, by suspending the tax, that money can either be paid to employee as wages, or pocketed by employer. Any guess how many employees will see any of it?

Also, it is proposed as a suspension, which means it would need to be eventually paid back. Pretty sure they will decide, nah, let's just starve those social programs that help people we dislike instead. Keep the money, if you got it, as your stimulus. Of course, you need to be employed with an employer that passes on the $$ to "benefit" now from your future reduction in Social Security/Medicare.

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Response to Freethinker65 (Reply #6)

Sat Aug 8, 2020, 06:17 PM

8. SS and Medicare are split between employee and employer

The total is 15.3%, half is deducted from the employee check, then the employer matches the withheld amounts when sending in the payment.

So the employer would keep their half, and the employee would no longer have the amounts withheld.

This would severely undermine SS & Medicare, and does nothing for the unemployed, who need the most help. And if, as some said, it's not a waiving of the tax but instead a temporary suspension of paying and collecting, then everyone (employee and employer) gets a massive tax bill in a few months.

Fuck tRump.

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Response to FoxNewsSucks (Reply #8)

Sat Aug 8, 2020, 06:24 PM

11. I'm pretty sure Medcaid would be in that number .....

Many rural areas rely on Medicaid and a few red states have expanded the program. This would hurt many states.

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Response to pepperbear (Original post)

Sat Aug 8, 2020, 06:21 PM

9. I don't think trump even has the authority to do this

It's all a political stunt in my opinion.

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Response to pepperbear (Original post)

Sat Aug 8, 2020, 06:25 PM

12. He might be able to cobble funds together to keep UI going, but he has nowhere near the funds

to drive another stimulus check program without Congress.

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