The proposed DOGE rebate is based on currently paid tax savings. If you didn't pay Income Tax during the period they are saving the money in, you won't get a check. This is NOT a stimulus check. Lets hope the plan includes a way to get as much money as possible back from all the decades of theft.
(media.greatawakening.win)
🐶 That Doge Can Hunt! 🐶
Don't all the culprits owe us for the money they stole? NATO owes us for carrying their defense. The FED bankers owe us for all they siphoned off.
I have a feeling that the National Debt will go poof, and all the ill-gotten gains restored to the world.
Thank God... I was pissed with the original "Everyone gets $5,000!" idea. No fucking way. As a biz owner, the Fed has legitimately vacuumed up nearly 50% of all of my company's income for 15 years.
If this is a rebate based on the amount of taxes paid in to the system? I could almost retire.
It's really, really, really fucking bad as a biz owner. They structure the tax laws to basically ignore employee compensation, and structure the income tax as-if I have zero expenses or salary.
To even begin to make me square after this theft would need to be closer to $1mm in what I would consider to be egregious over-taxation. Taxes are the sole reason that I haven't been able to grow the business as quickly as I should. It's the equivalent of an employee being robbed at gunpoint every day they go to work.
It's fucking disgusting. To even consider that I'd be getting a $5,000 check... while my neighbor, who is a fucking clown silver spoon loser who doesn't do shit, would also get $5,000... is a violent slap to the face.
This needs to be either KEPT by DOGE and used to fund important programs, used to eliminate taxes altogether, or, if for some reason they are hellbent on paying people back - it NEEDS to be based on how much tax was stolen from you, not just a flat blanket refund.
Taxes are so insanely unfair and financially damaging, I've actually considered going out of my way to hire a shady "grey" accountant to exploit loopholes and take my chances. Fuck the IRS. Fuck the Fed. Fuck the Banks. Fuck the Hedge Funds. All financial terrorists actively working against the USA.
Yeah, while not business owners, my wife and I paid 12K in income tax last year. 5K back would be sweet! However, I want compensation for all the decades of income taxes, too. America is pro-corporations and anti-small business or worker bees.
I'm retired. 53 years in the work force and got ripped off for all of them. Biden gave SS a 2.5% raise and told Trump "good luck with the price of eggs". I'm glad that income taxes will probably go away. The savings for them will be huge and life long. If anyone needs the 5K its the retired people. Young people don't understand that the boomers got taken for a ride for their whole life.
Lol, bro, I'm in between Boomers and Gen Z... my parents are boomers, at least Boomers had the USD value and paced earnings w/ cost of living.
Imagine leaving college w/ an advanced degree. Getting an "amazing" job @ $50k - $60k/year, and then staring down the barrel of the cheapest home in your area being $500k - $600k.
Most Boomers I know were able to survive, thrive and retire on a single income household. There's absolutely no chance of that in today's economy for 95% of them/us.
Every generation was taken for a ride... Centennials having it worse than everyone. But the last 20 years have been an absolute clusterfuck of rising prices, reduced wages, and brutal taxes.
Economic fallout and unemployment spikes in the late 80's was bad. But that's essentially been the existence of Gen Z.
You must have known the upper crust of the boomers.
Indeed, I retired early at 59, started my SS at 62, returned to work after moving back to the USA at 64 and resumed work. Even with those missing years in the work force, I'm in my 46th year of paying into the system. I started working at 14...
The generation before the boomers weren't financially burdened by taxes like we boomers are. SS was originally 1% on the first 3,000 a year. In other words, the earliest SS tax maxed out at 30 bucks a YEAR.
Due to Inflation, I see no end in sight to working.
You nailed that fern
Don't take this negatively: have you tried caring less about money?
In all seriousness, what does this even mean? My family happens to require money to live. Twin babies with another on the way. Three stupid dogs. A wife who likes to eat food and have electricity and other frivolous shit like that. None of that is free. I suppose it could be, if we were leeches like half the country. But we're not. She works 20 hours a week from home to carry our health insurance and I'm gone from home for 12 hours a day chasing that dollar to keep the whole thing running. I'd love to care less about money, but the people who depend on me for their survival seem to require it.
"Three stupid dogs" made me laugh. I hear ya, it would be nice not to care about money, but it sounds like you got a whole lot on your plate.
I did what you are doing for 45 years. Now retired.
The question wasn't directed towards you, nor does the intent behind it have anything to do with anything mentioned by you.
Now that you're here, don't take this negatively: have you tried caring less about money?
It's a good sentiment, I'm really trying not to
Yeah, and then reality kicks in... you have to realize, some of us are kind of "stuck" in situations where we live in very high cost of living areas. Which I do. Due to family obligations, jobs, location/roots, etc.
Would I like to unplug? Sell my house? Buy a lake front cabin? And go 90% off-grid? Yes! Absolutely.
Would my wife/kids/family like this? No. Not so much.
Also note, that while I witnessed the generation before me overwhelmingly get a pretty sweet deal with very little to worry about - I still grew up in a really shitty area and a pretty terrible economic/social situation. Took a ton of hard work and some insanely risky bets/decisions to get where I am today.
I could move 45 minutes south and be in an area where the real estate/cost of living is 40-50% less of where I'm at; but the circumstances do not allow for that right now.
At the end of the day you simply need to look at a time chart plotting cost of living vs. average earnings, not even focused on geography, to see that our current situation is absolutely horrible when compared to prior generations, until you literally go back to the Depression. The gap between costs/spending power vs. wages earned has never been wider. And it's why an entire generation has spent 5 - 10 years working, only to live with their parents with little to no savings.
Not saying it's impossible; but it's very difficult unless they are extremely frugal and committed to saving as much as possible for many years. Which is only possible if they live with their parents and costs are covered while they save.
Meanwhile, my parents were able to buy their first home from my dad working 2 hourly jobs and my mom staying home w/ the kids.
Could you imagine a situation today in which the father could work @ Applebee's during the day and then nightshift at CostCo... and the mother stayed home... and they could buy a single family house? With today's economy this scenario would barely afford them enough money to pay rent and eat healthy, in a shitty apartment.
It's not the same.
I understand where you are coming from. However:
Here's a tidbit from St. John of Kronstadt
I hope you'll find joy where you didn't before.
its still a bit early to see how this all shakes out...we need to get the corrupt judges out of the way first.....
How can we know what the parameters are? The deal is not done yet.
I'm sure it will take a lot of gnashing of teeth and wringing of hands before we get anything, and probably before mid-terms to boost the Republicans.
Well the simplest thing is to make it a tax credit imho. Use it to offset your tax liability. Then the criteria is verified when you file your income tax return.
They do keep talking about it as a refund of your taxes.
What about all those who received 12k in "refunds" who did not pay in anything?
-Jewish Account and former Revenue Officer for the IRS
I personally wouldn't mind if it was open to all employed citizens regardless of whether they paid taxes in or not. So many people have been unable to get good paying jobs due to the economy and $5 K would be a huge help toward paying down debt.
I am a sole proprietor. A one-person design company. I brought in $36,000/yr and between federal tax self-employment tax state tax, they take $42%. I am in debt to the IRS for $30K. I was on a payment plan for $375/mo. I lost two big clients last year and couldn’t afford the $375. Called them and waited two hours to see if they could lower my payment. The guy listens and says “we can do $372/mo. I said how is that going to help me? And he hung up in a way that didn’t disconnect me but just kept my phone tied up. Called my CPA. He said to make an appt to see them in the local office to meet with a payment program specialist. Made an appointment with said specialist which was two months later (Jan 4). Drove an hour to the office, paid for parking. Waited in the office for over an hour past my appt time. There were 10 or 12 of us waiting and there were two windows open. Finally, it was my turn. Walked up to the window and a 600-lb guy lumbered slowly to the glass window. I explained that I was there for them to help me with my payment plan. He said “I’m not trained in financial payment plans. But I hope I will be in six months.” I asked if anyone else could help me. He said, “My supervisor but she doesn’t work today.”
Wow! Crazy, abolish the IRS and Income Taxes Trump!