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Showing content with the highest reputation on 05/03/2020 in Posts

  1. 1 point
    Sledgstone

    Coronavirus disease (COVID-19)

    I can't find the article now, but apparently that extra $600 a week for unemployment was being paid by only 44 states as of earlier this week because the states have been slow to implement it. I thought that unemployment benefit was paid by the federal government. Turns out it was a federal law in the CARES act forcing states to pay that $600 a week. No wonder many states are now wanting to rush to re-open. Many governors have already stated that once a persons job is available again, if they do not take their job back (because unemployment is paying them more than working), it will be considered a voluntary resignment and they'll be kicked off unemployment. I also have heard from a friend that some people not eligible for unemployment are able to claim reduced hours as a claim somehow and are still getting roughly 30 hours a week in or so along with the additional $600 a week. That screams of fraud to me and it really emphasizes how badly implemented all the Covid19 relief programs are right now. And dead people being sent stimulus checks. Wtf. After all this is over I'm expecting a new oversight committee / investigation to kick in later this year to weed out all the fraud and mismanaged money. I have a feeling quite a few people are going to be getting audited next tax season to get some of that money back. I've been audited twice in the past. The IRS likes to let you do your normal taxes at the beginning of the year and then they audit you and give you a bill in November of that year.. So anyone getting free money now they don't qualify for will probably be getting a hefty bill from the IRS come November of 2021. At that time watch people complain their asses off again.. "the government is taking my stimulus money, they never told me it was a loan!" Its not a loan, but I guarantee people that get audited got way more money than they should have and will plead ignorance. If we had adequate testing we could determine if we've reached "herd immunity" status yet, but because there still isn't any wide spread testing available it seems like many of these states are doing the test run to see if its safe or not. Well good luck Texas, Georgia, etc. Hopefully no major outbreaks happen there and we'll be good to go nationwide soon.


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