Funny. People never quibble about getting tax breaks from the government, but when it comes to...

[Yavin4]

giving aid directly to people who need it, they raise all kinds of concerns.

If you take mortgage interest deductions on your home or a Republican income tax break, you never hear people say, "hey, I don't need it. I should give it back."

[happybird]

1. I'm happy to be getting help.

After hearing earlier that the direct deposits are already going out, a huge amount of stress over coming up with January rent was lifted off my shoulders.

Yeah, $2000 would be better. Obviously. But, I’ll gladly take whatever help I can get and be thankful for it.

There are *a lot* of folks in tighter spots than me, so I bet they are pretty damn happy, too.

[Ziggysmom]

2. I remember when credit card interest was tax deductible '86 and prior.

Was a good break for folks not wealthy enough to own a home where mortgage interest is deductible. It should be reinstated for folks without a home! Damn it they allow mortgage interest on 1st AND 2nd homes with mortgages of $750,000 up to 1 million bucks (depending on loan date) for a married couple.

[Ferrets are Cool]

9. Now, tax deductions are for the rich

not us.

[intrepidity]

3. EXCELLENT point, thank you

Next person who DARES approach me with that argument, is in for some shit.

[mitch96]

4. "People never quibble about getting tax breaks from the government"

B/C that's the republican/conservative way to do it. It does not look like charity or a hand out dont cha know....
M

[captain queeg]

5. Exactly. From what I understand trump's tax cuts cost the US trillions

And its the gift that keeps giving for the wealthy. Just like SS, those of us working for a living pay every paycheck. Wealthy people only pay up until they've made $120k or so, they are exempt after that which leads to SS funding shortages.Just making them pay the same % on all their earnings would fix SS. But you can bet the rethugs are going to be squawking about fiscal responsibly without addressing the tax rate on the wealthy and the SS annual exclusion. They'll want to cut SS benefits to retirees.

But I digress, the point I wanted to make is, if they gave every adult making less than $75k, $2,000 what would that add up to? Maybe 300 billion which is a fraction of the tax cuts they've given the wealthy. And its a one time shot, not ongoing like the tax cuts.

[Yavin4]

7. How much money has the govt given away for years on mortgage interest deductions?

Far more than the $2000 that's being proposed.

[MichMan]

8. I agree with getting rid of the mortgage intetest deduction completely

[Blue Owl]

6. No kidding! What gives???