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Put a stay on Income Tax...help the economy

 
Yuga Sage (The Red Pill)
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User ID: 77793544
United States
03/26/2020 02:36 PM

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Put a stay on Income Tax...help the economy
Instead of our government passing this ginormous $2Trillion package, which is going to create a worse situation down the road, would it not make sense to just put a stay on people having federal income tax taken out of their checks?

They would have this money to spend then and help the economy, not to mention not exploding our debt.
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Deplorable NO MORE Michele B

User ID: 74217021
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03/26/2020 02:44 PM
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Re: Put a stay on Income Tax...help the economy
I see two problems with your "solution:"

First of all, LOTS of folks are not working right now.....so no income tax coming out of paychecks....

Well, the second thing I was going to say actually has nothing to do with your comments....it's the fact that apparently this "stimulus" only POSTPONES your taxes!!!

You will STILL OWE THEM (I assume they mean on the $1200 they're giving us) at a later time. Similar to a thing an earlier POTUS did (can't remember who), but when we got checks for - can't remember for what - then when you filed taxes the next year, they called that INCOME and you had to pay TAXES on it!!
Anonymous Coward
User ID: 69667897
United States
03/26/2020 02:52 PM
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Re: Put a stay on Income Tax...help the economy
For many of us, a big property tax payment is due in about 2 weeks. The deadline for that has not been extended.
Anonymous Coward
User ID: 78136078
United States
03/26/2020 02:52 PM
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Re: Put a stay on Income Tax...help the economy
That's: Death & Taxes

You're saying we should just have Death.
Doesn't feel right...
Anonymous Coward
User ID: 72983382
United States
03/27/2020 09:51 AM
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Re: Put a stay on Income Tax...help the economy
That's: Death & Taxes

You're saying we should just have Death.
Doesn't feel right...
 Quoting: Anonymous Coward 78136078


Seems preferable to this world
Anonymous Coward
User ID: 77177559
United States
03/27/2020 10:16 AM
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Re: Put a stay on Income Tax...help the economy
Instead of our government passing this ginormous $2Trillion package, which is going to create a worse situation down the road, would it not make sense to just put a stay on people having federal income tax taken out of their checks?

They would have this money to spend then and help the economy, not to mention not exploding our debt.
 Quoting: Yuga Sage (The Red Pill)


Absolutely, and while they are at it, LOWER THE CREDIT CARD INTEREST RATES NOW, Those thieves.....
yerpvana

User ID: 77011741
United States
03/27/2020 10:23 AM

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Re: Put a stay on Income Tax...help the economy
It's basically the u.s government defaulting on existing debt with new debt.

Inflation will hit fast this time around.you will see it by summer.

Corporation will fold under the weight of the real economy crashing.

Last Edited by messagehalted on 03/27/2020 10:26 AM
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