Catholic Info
Traditional Catholic Faith => The Catholic Bunker => Topic started by: RomanCatholic1953 on March 14, 2021, 09:25:42 PM
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Economy
Unlike The $600 Stimulus Checks, $1400 Checks Are Not Protected From Seizure By Debt Collectors (https://breaking911.com/unlike-the-600-stimulus-checks-1400-checks-are-not-protected-from-debt-collectors/)
- Many Americans may never receive their $1400 stimulus checks, as the new $1.9 trillion COVID-19 relief bill doesn’t prevent stimulus checks from being seized by debt collectors.
- The first $1200 stimulus checks in the spring were also not protected, although some states did enact their own protections against garnishment for the first round.
- The second payments of $600 were fully protected.
- The $1400 checks will not be protected because the relief package was passed via budget reconciliation, rather than as a stand-alone bill. This allowed Senate Democrats to pass the bill with 51 votes, instead of 60.
- Any private debt collector can seize the $1400 payment. Source: breaking911.com
Stimulus Breakdown: Combined Bills Cost Families $69,000, Individuals $17,000 But You Only Get $1,400 While $1 Trillion is STILL Unspent (https://100percentfedup.com/stimulus-breakdown-combined-bills-cost-families-69000-individuals-17000-but-you-only-get-1400-while-1-trillion-is-still-unallocated/)
- Here is the breakdown: (https://www.washingtonexaminer.com/washington-secrets/covid-stimulus-price-tag-17-000-per-person-69-000-per-family)
- Less than 9% goes to combating COVID-19.
- Twenty-seven percent (or more than $500 billion) goes to state and local governments.
- Twenty-one percent (or approximately $400 billion) goes to policies that reduce private-sector employment.
- $135 million for the National Endowment for the Arts.
- $135 million for the National Endowment for the Humanities.
- $200 million for the Institute of Museum and Library Services.
- $12 billion for foreign aid.
- Here is the second half of the breakdown, which lists the small percentage of the $1.9 trillion bill that is actually spent this year:
- Five percent ($6 billion) of the $130 billion set aside for K-12 schools.
- Five percent ($250 million) of the $5 billion for Emergency Housing Vouchers.
- Seventeen percent ($7 billion) of the $39 billion for child care.
- Twenty-three percent ($11 billion) of the $50 billion for the Federal Emergency Management Agency.
- None of the $5 billion for homeless assistance.
- if it doesn’t need to be spent this year, then how can it possibly be an emergency fund
- Planned Parenthood gets a large piece of the money
Source 100percentfedup.com
The government has spent nearly 6 TRILLION dollars in virus “relief” Divide that by 330,000,000 Americans it comes out to a cost of roughly $18,000 each But you *maybe* got $3,200 of that back
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It shows who's in charge.
If there were protection in place against garnishing these stimulus checks, the bankers would have to freak out, "Oy vey! How am I going to get my shekels? I earned every shekel of that debt by honest usury!"
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The new law also effectively raises taxes on the poor to middle class. Starting in 2022, if you have more than $600 in sales from Amazon, eBay, Etsy, Mercari, etc., it will be reported as 1099 income to the IRS.
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(https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Ftse4.mm.bing.net%2Fth%3Fid%3DOIP.Abur3mkwk42UdPCyZSQxwgHaEM%26pid%3DApi&f=1)
Why... thank you for coming to visit us!
Did you say you're here to collect stimulus "back taxes"?
Uh... would you know how to pray, the Act of Contrition ?