JuiceCrewAllStar
Whole Milk Drinker
- Joined
- Feb 4, 2014
- Messages
- 37,303
- Reaction score
- 10,073
how they gonna handle retirement situations?
2018 tax return was filed one year ago. How many people move up a couple of tax brackets in 18 months in any economic system in any nation ?
The 2018 tax return was filed one year ago based on what someone made up to 27 months ago based on work they may have completed going back to 2017.
It's more about people moving down a few tax brackets which is very possible for people right now. This bill should be about helping people get through April 2020. Basing it on 2018 income is ridiculous.
on the flipside, corporations are not being assisted based on how much they earned in 2018 or 2019
hmm...
It's not perfect, but I don't see how else you could do it practically. 2019 returns aren't yet due, and it would be too burdensome to require everyone to prepare a financial statement for April 2020.
looks like i get nothing...
looks like i get nothing...
So you're saying social mobility in this country is pretty likely then ?
It's not perfect, but I don't see how else you could do it practically. 2019 returns aren't yet due, and it would be too burdensome to require everyone to prepare a financial statement for April 2020.
you do it on the 2020 tax filing next year
you do it on the 2020 tax filing next year
rent for a month! nice