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ElbertoHokie
Joined: 01/01/2005
Posts: 8,824
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ElbertoHokie
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But we live in a world where our deficit runs multiple hundreds of billions

each year. We aren't paying for things now and anyone thinks this going to change? It adds more numbers to a deficit that is increased by both left and right. The idea that we're all going to pay for this makes me chuckle when we aren't paying for a lot of spending. ** Edited by ElbertoHokie at 8/26/2022, 12:06:37 PM
Posted: 08/26/2022 at 12:05 PM ET
(In response to this post by Vtskier1)

Thread Replies (14)

Full Thread →
10K debt relief question? Will those who get the relief have to pay taxes
darnellm • 08/26/22 08:42 AM ET
I expect fed taxes - no. State taxability will vary.**
ColoVT82 • 08/26/22 12:35 PM ET
My question is how did they come up with the $125k income threshold?
Hoke • 08/26/22 09:50 AM ET
They could've done it like he COVID payments, sliding scale based on income
soflahokie • 08/26/22 11:53 AM ET
And it is 250k per couple. Which means prob over 90% of the pop is
fordham • 08/26/22 09:58 AM ET
Just guessing a bit, but they were probably fishing for an income number
Tafkam Hokie • 08/26/22 09:57 AM ET
Yeah, I'm sure it's some offical statistic...
`lag • 08/26/22 10:32 AM ET
It sure as hell should be taxable…. But you
fordham • 08/26/22 09:49 AM ET
It certainly awards the squirrels who didn't gather their nuts before
Vtskier1 • 08/26/22 11:50 AM ET
But we live in a world where our deficit runs multiple hundreds of billions ◄
ElbertoHokie • 08/26/22 12:05 PM ET
Musical chairs. The music eventually stops and not all will have a seat**
Vtskier1 • 08/26/22 12:40 PM ET
unless there is another exception put in place- general answer is yes
bigbadbird • 08/26/22 08:57 AM ET
A potential there could be that the 10K was a loan scheduled to be paid
Tafkam Hokie • 08/26/22 09:25 AM ET
There was an exemption put in place. I think that's how they're trying to
ElbertoHokie • 08/26/22 09:20 AM ET
The 'ol omnibus bill to "fund the government" then load it with pork
Vtskier1 • 08/26/22 11:54 AM ET