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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHouse Democrats propose sending checks of up to $6,000 to help
ease workers pain curing coronavirus pandemic
Published 2 hours ago on March 13, 2020
By Common Dreams
As more folks are staying in and taking necessary steps to avoid spread of the coronavirus, more Americans will struggle to cover basic needs like rent, groceries, and medicines.
As President Donald Trump declared a national emergency Friday to free up $50 billion in funding to address the coronavirus pandemic, a pair of Democratic congressmen proposed legislation that would provide a check of up to $6,000 to every American whose income last year was below $65,000.
The coronavirus disease (COVID-19) outbreak that began in Wuhan, China late last year has so far killed over 5,000 people and infected tens of thousands worldwide. As governments impose travel restrictions, the U.S. stock market continues to fluctuate, and business and schools increasingly shut down, lawmakers and the Trump administration have debated how to help out Americans who are struggling financially because of the public health crisis.
Reps. Ro Khanna (D-Calif.) and Tim Ryan (D-Ohio) on Friday called for creating an emergency Earned Income Tax Credit (EITC) to send checks of $1,000 and $6,000 to the more than three-quarters of American workers who would qualify. Within three weeks of the legislations passage, 200 million Americans would receive checks, followed by monthly payments through the end of 2020. The proposal would especially serve independent contractors and hourly and gig workers.
https://www.rawstory.com/2020/03/house-democrats-propose-sending-checks-of-up-to-6000-to-help-ease-workers-pain-curing-coronavirus-pandemic/
That is a great idea...............................
jimfields33
(15,808 posts)For example I am retired military with a VA classification together worth 3100 a month. I also made 9,900 in extra jobs around the neighborhood. So may total was around 40K. Will that qualify or do only traditional job holders get anything? What about senior citizens???
I know they say up to 200 million, but what does that mean.
Of course, the senate will say no so its all moot anyway. Ugh!
lunasun
(21,646 posts)The proposal would especially serve independent contractors and hourly and gig workers.
That would be you I would assume
pangaia
(24,324 posts)I just donated to the New York Classical Players.
lunasun
(21,646 posts)DENVERPOPS
(8,835 posts)For everyone to file an extension until October 15th. You might have to pay a small penalty?, but the frightening effect on Trump and Republican Politicians would be worth it.........
Some tax accountant would have to tell me if my idea is crazy or not......Many of them are more than likely Repubs, so we will have to judge their replies.
jimfields33
(15,808 posts)I wouldnt mind holding off to piss of trump and repugs.
lunasun
(21,646 posts)delay
president did not state the date to which taxpayers will be allowed to delay their tax filings, but it is expected to be between June 15 and October 15. Nor did the president specify which taxpayers would be eligible for this tax deadline relief.
Details from IRS to follow
Mars and Minerva
(369 posts)I don't think it will matter what you do to earn the money as long as you declare what you make, pay into the system and have a history of it.
ToxMarz
(2,168 posts)"to every American whose income last year was below $65,000" would seem to mean just that.
I would imagine that last year's tax return would be what they used to qualify you. If your tax returns from last year don't show that, I would imagine there is very stringent criteria (if any) they would accept otherwise.
rockfordfile
(8,704 posts)jimfields33
(15,808 posts)lunasun
(21,646 posts)Why would someone healthy under 45 stay home when sick when the odds are they will recover and if they dont have any means to any money otherwise? Plus management can tell many no matter the age OK stay home then dont come back
at least this would be some leverage to comply
The proposal would especially serve independent contractors and hourly and gig workers.
This usually means no sick pay or unemployment
DENVERPOPS
(8,835 posts)with a retro active repeal of the last several tax cuts for the rich and corporations. that should be at least a trillion dollars or more?
Of course, if the shit hits the fan, you will see every last one of thewealthy republicans and republican politicians flying out of the U.S. like bats out of a giant cave.........
Of course Trump is already promising "bail outs" to every corporate industry in America...........That will be done with the giddy approval of the Republican Senate, while anything that gives anything to U.S. citizens will be merely "tabled" and not even voted on.......
I can well imagine the Republicans will cease ALL taxes on anyone earning over a half a million a year and corporations earning over one million a year with the logic that THOSE individuals and corporations will be the ones TRULY sacrificing to the rebuilding of America.........And, therefore deserve the right to not be taxed.......(I can hear them saying those exact words.......LOL)
Flaleftist
(3,473 posts)trueblue2007
(17,223 posts)Flaleftist
(3,473 posts)Lima beans are awesome!
dewsgirl
(14,961 posts)SammyWinstonJack
(44,130 posts)DENVERPOPS
(8,835 posts)that the 50 million that voted for Trump don't bear any of the consequences and get the same amount!?!?
Wednesdays
(17,380 posts)Ohiogal
(32,002 posts)Tim Ryan!
edhopper
(33,580 posts)But if I got one I would spend it on local small businesses.
Cal Carpenter
(4,959 posts)I thank you for saying that, and doing that.
Seven years of blood sweat and tears to make my business nearly, finally viable may be meaningless if this shuts us down for a couple months.
The thought of any cash assistance is a huge relief, and the idea that people would deliberately use it to help nurse businesses like mine along throughout this nightmare warms my heart.
Hubby and I are struggling with the decision to lock our doors for the time being. We hope to make it through the weekend and reevaluate. Our state seems to be shutting down fast in the last 48 hours, schools, libraries, even our bank. This isn't going away and I expect nonessential businesses will be asked or even ordered to cease operations before long. On top of our fears for the health of our community and ourselves, the thought of shuttering our business without knowing what the coming weeks and months hold is heartbreaking.
Turin_C3PO
(13,998 posts)I wish you and your business the absolute best in the (hopefully) near future.
Cal Carpenter
(4,959 posts)This is already impacting so many people and it will only get worse. But we are not alone, and at least virtual hugs are still safe.
DarthDem
(5,255 posts)I very firmly believe that there is a light at the end of the tunnel and we're going to emerge from this a better and stronger nation. I believe you will not only make it through the weekend as you planned, but through next week and the week after as well! It warms my heart, as it must yours, that we have empathetic, caring politicians like Nancy Pelosi working on this. My best to you!!
Sucha NastyWoman
(2,749 posts)If your last years income was $65,100.?
rickyhall
(4,889 posts)Hope he gets it never comes back.
gibraltar72
(7,505 posts)ibegurpard
(16,685 posts)At this point and any point in the forseeable future i sure as shit wouldn't be spending it. It would go in a mattress.
bucolic_frolic
(43,173 posts)Too large to have any chance of passing, but I guess that's part of the method, go big or go home.
I think they should target workers who actually lose work because of COVID-19, even if it's government ordered shutdowns, as well as those earning less than $30k. Checks in the thousands would create a lot of inflation as retailers see opportunity to raise prices.
Perhaps they could target rent or mortgage and food vouchers for those who lose work.
This legislation won't move an inch before January 2021
yaesu
(8,020 posts)cstanleytech
(26,293 posts)Of course then you have the disabled and or elderly adults being cared for by a relative so those people should qualify for the 6k as a single assuming they are not married of course in which case the couple qualify for the 10k.
I know there will be some Republicans who will whine about the cost to the budget but really it will directly stimulate the economy as those people unlike the wealthy will actually spend the majority of that money inside the US as they will not sit on most of it and reinvest in stocks that do nothing except gain value.
OAITW r.2.0
(24,504 posts)We have become a service economy for the better of 15 years. We lost our manufacturing soul in the late 90's.
Then what?
chillfactor
(7,576 posts)who fight every month to survive each day.
Hoyt
(54,770 posts)wnylib
(21,479 posts)plus 3 months supply of prescriptions all at once, eats up a month's income fast. Then wait a month to finish buying supplies you could not afford the previous month, which means the risk of going in public a month after it is already not good to go out. Not to mention depleted supplies in stores by then.
And then what if you do get sick and need medical care?
Hoyt
(54,770 posts)they might be losing. That is mostly those who will lose pay and work.
Medical care, we still have Medicare. But, some might need help with copays.
But, you make a good point.
wnylib
(21,479 posts)out that the situation puts increased expenses on people whose fixed incomes do not allow for extra expenses. So they do without needed supplies, or cannot stock up for a period of quarantine, or for staying home for their own safety. This occurs when their pensions and IRAs are tanking.
I did not get a 3 month supply of my inhaler, for example, because the copay was way out of reach. I will not get a one month supply this month, either, because 3 months of other meds makes it impossible. I have a couple weeks worth of samples from the doctor that I am saving instead of using now, in case I get sick.
Demonaut
(8,918 posts)Hoyt
(54,770 posts)DarthDem
(5,255 posts). . . as the article states then I don't believe taxes would be deducted from it. Or if you were asking about the $65K, I'm sure they mean gross income.
Hoyt
(54,770 posts)Im all for help for those who lose their jobs or hours. Im for covering healthcare costs, etc.
But, a lot of people will continue to work. Theyll benefit the next time if a precedent is set.