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California sending out ‘inflation relief’ checks

Discussion in 'Current Events' started by Doofenshmirtz, Jun 27, 2022.

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  1. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    Doofenshmirtz, Jun 27, 2022
    #1
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  2. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    Bets on whether this was funded by printing more money?

    ...clearly our political establishment thinks Zimbabwe was a success story.
     
    modernpaladin, Jun 27, 2022
    #2
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  3. Moonglow

    Moonglow Well-Known Member

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    Moonglow, Jun 27, 2022
    #3
  4. Independent4ever

    Independent4ever Well-Known Member

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    Yay - more fuel for the inflation fire
     
    Independent4ever, Jun 27, 2022
    #4
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  5. Steve N

    Steve N Well-Known Member Past Donor

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    Why didn’t he just lower taxes? Meanwhile his new gas tax kicks in a few days from now.
     
    Steve N, Jun 27, 2022
    #5
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  6. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    So you don't consider results when making your choice? Interesting.
     
    Doofenshmirtz, Jun 27, 2022
    #6
  7. Moonglow

    Moonglow Well-Known Member

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    Why should I since I don't live in California?
     
    Moonglow, Jun 27, 2022
    #7
  8. Steve N

    Steve N Well-Known Member Past Donor

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    So Brylcreem man is sending back to the taxpayers of CA their own money. They’ll be taxed by the state and feds for sure, with what’s left they’ll be hit with a state sales tax of 7.5% and in some parts of CA the sales tax is over 10%.

    Does anyone see a scam here? In the end California gets it all.
     
    Steve N, Jun 27, 2022
    #8
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  9. Steady Pie

    Steady Pie Well-Known Member Past Donor

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    Steady Pie, Jun 27, 2022
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  10. The Mello Guy

    The Mello Guy Well-Known Member

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    Happy to get some of my tax money back
    Newsome/Castro 2024!!
     
    The Mello Guy, Jun 27, 2022
    #10
  11. The Mello Guy

    The Mello Guy Well-Known Member

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    Tell me you don’t understand percentages without telling me lol
    I’m spending all mine on illegal narcotics to avoid the tax anyway lol jk
     
    The Mello Guy, Jun 27, 2022
    #11
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  12. Steve N

    Steve N Well-Known Member Past Donor

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    Do the math based on your income. What will you have after both the state and feds tax it and then get hit with at least 7.5% in sales tax?
     
    Steve N, Jun 27, 2022
    #12
  13. The Mello Guy

    The Mello Guy Well-Known Member

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    More than 0, which is what I’d have otherwise from them
     
    The Mello Guy, Jun 27, 2022
    #13
  14. Steve N

    Steve N Well-Known Member Past Donor

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    Where do you think that money is coming from, the tax payers in Vermont? It’s your money to begin with, if Newsom can piss it away so easily then he never should have taken it from you in the first place. He should have given California’s taxpayers a tax break, what he’s doing now is a scam.

    I know you’re a die hard team player, but even you would have to admit I’m right.
     
    Steve N, Jun 27, 2022
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  15. The Mello Guy

    The Mello Guy Well-Known Member

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    Why should I be mad I’m getting my money back? Don’t you think inflation is an issue? Doesnt it seems like a good time to give us tax payers a break?
     
    The Mello Guy, Jun 27, 2022
    #15
  16. Steve N

    Steve N Well-Known Member Past Donor

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    You’ll be getting hit with income tax on your own money. Giving the tax payers a break means lowering taxes. I can’t believe you don’t see the psychology behind the scam.
     
    Steve N, Jun 27, 2022
    #16
  17. The Mello Guy

    The Mello Guy Well-Known Member

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    We aren’t gonna cut taxes and def not on my income level, not that we’re rich but we ain’t getting a break. So I’ll pay taxes on money I wouldn’t have had otherwise? Should I not work OT for the same reason?
     
    The Mello Guy, Jun 27, 2022
    #17
  18. Steve N

    Steve N Well-Known Member Past Donor

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    You’re still not getting it. You give Newsom your tax dollars, he gives some back to you and then taxes what he gave you. The big winners in all this are the cities who will clean up on sales taxes as people piss away their pennies they think came from heaven.
     
    Steve N, Jun 27, 2022
    #18
  19. The Mello Guy

    The Mello Guy Well-Known Member

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    That’s great, City govt directly and indirectly makes up most of my household income lol
    The other option was getting nothing, I’m happy to get a bit back. Maybe I’ll just save it to send to them next April.
     
    The Mello Guy, Jun 27, 2022
    #19
  20. Patricio Da Silva

    Patricio Da Silva Well-Known Member Donor

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    Patricio Da Silva, Jun 27, 2022
    #20
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  21. Moolk

    Moolk Banned

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    We know lol
     
    Moolk, Jun 28, 2022
    #21
  22. Quantum Nerd

    Quantum Nerd Well-Known Member

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    States can't print money. You knew that, didn't you, but you attack anyway.

    I am against this, no matter if it is a Dem doing it, as in this case, or the desperate attempt of GWB to prevent the election of Obama by sending out his stimulus checks in 2008. And then, there were Trump's tax cuts in good economic times, putting fuel (borrowed from the future) on the fire.

    I am consistent, though, whereas GOP voters, like you, change their opinion like a flag with the wind, depending whether it is a Dem or a conservative who is doing the futile vote buying.
     
    Quantum Nerd, Jun 28, 2022
    #22
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  23. fmw

    fmw Well-Known Member

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    States can't print more money. They use debt instead.
     
    fmw, Jun 28, 2022
    #23
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  24. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    Of course states cant print money. But they can get printed money from the FED ...who cant print money either, though it can order the treasury to print money, which I oppose it being able to do unless its to replace money that has been removed from circulation. I opposed it when it happened under Bush and Obama and Trump as much as I do under Biden.

    But you didnt know any of that because you still think everyone is as partisanly biased as you are. I can quote myself opposing Trump printing money outside of this thread. Can you say the same thing for you and Biden?
     
    Last edited: Jun 28, 2022
    modernpaladin, Jun 28, 2022
    #24
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  25. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    States get federal money which is printed by the treasury on the authority of the no-so-federal reserve. All of it causes inflation, but never more severely than when its just given away like this.
     
    Last edited: Jun 28, 2022
    modernpaladin, Jun 28, 2022
    #25
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