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Forum » California plans to send $1050 'inflation relief' checks
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Thread: California plans to send $1050 'inflation relief' checks

post 1663588413 06-28-2022, 03:07 PM
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#31
  1. gachase21
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Great plan to curb demand….
California plans to send millions of 'inflation relief' payments of up to $1,050. Here's what we know about whether other states will follow

Record high inflation and gas prices have many Americans hoping for financial relief.

And in California, that's exactly what approximately 23 million residents stand to get, thanks to the state's new budget deal, which is slated to give qualifying taxpayers new direct payments.

Democratic California Gov. Gavin Newsom and Democratic legislative leaders agreed on a $17 billion relief package that includes $9.5 billion in inflation relief funds. Those estimated 23 million California taxpayers will receive between $200 and $1,050 by early next year.

"Millions of Californians will be receiving up to $1,050 as part of a NEW middle class tax rebate," Newsom tweeted on Sunday.

"That's more money in your pocket to help you fill your gas tank and put food on the table," he wrote.

Who may qualify for 'inflation relief' checks

Those with up to $75,000 in income, or $150,000 if married and filing jointly, will receive up to $350 per tax filer, plus $350 if they have one or more dependent. Thus, joint filers with at least one dependent stand to receive the highest possible sum of $1,050.

California filers with incomes above that first tier, but less than $125,000 in income if single or $250,000 if married and filing jointly, may receive $250 per filer, plus another $250 if they have at least one dependent.

Those with incomes above that second tier but below another set of thresholds — individuals with less than $250,000 in income, or $500,000 if filing jointly — may receive $200 per filer, plus another $200 if they have any dependents.


Those with incomes above that third tier would not be eligible for rebates.

"It seems that what everybody wants from their state lawmakers right now is help reconciling and addressing the fact that many families are really struggling with inflation and other pressures while state budgets and corporate profits are doing very well," said Dylan Grundman O'Neill, senior state policy analyst at the Institute on Taxation and Economic Policy.

California's proposal is a "pretty good example" of reconciling that by delivering help to the families who most need it, he said, with the highest payments concentrated on the first income tier.
https://www.cnbc.com/amp/2022/06/28/...es-follow.html





Someone doesn’t know how inflation works.

The bad part is- even though this is just California - it will increase the time inflation last for the entire nation.

The same way Biden exacerbated worldwide inflation.
post 1663588453 06-28-2022, 03:09 PM
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#32
  1. JayJ350
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California is going to be the center of the worst economic collapse in modern history.
post 1663588623 06-28-2022, 03:16 PM
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#33
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Originally Posted By JayJ350⏩
California is going to be the center of the worst economic collapse in modern history.
This will hurt the rest of the nation more than California.

They will get the benefits of local artificial demand, but the resources price for those demands will be impacted nationwide.
post 1663588973 06-28-2022, 03:27 PM
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#34
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$1000 might soon not buy much gas if Biden gets his way. Biden is planning to shut down 25% of the oil produced in America. The Texas governor is trying to stop Biden.

"Texas Gov. Greg Abbott fires warning to Biden over EPA rule that could send gas prices even higher"

https://www.foxbusiness.com/politics...epa-gas-prices

excerpt:

...."EPA is now considering a discretionary redesignation for (portions of) these counties in New Mexico and Texas for the 2015 ozone NAAQS under Clean Air Act section 107(d)(3) based on current monitoring data and other air quality factors," the Biden administration wrote. "If the area is redesignated to nonattainment, the state(s) will be required to submit a State Implementation Plan to bring the area into attainment with the 2015 ozone NAAQS."

The basin is responsible for 5.2 million barrels of oil per day, which can be processed into about 95,000,000 gallons of gasoline each day, Abbott said.

"If you let the EPA move forward with the untimely and unnecessary measures that accompany redesignation, that action will put at risk 25 percent of American oil supply," the letter said. "That, in turn, could substantially increase the cost of gasoline."

He said he wants a response by July 29. If the EPA moves forward, Texas will take action to protect oil production and "the gasoline that comes from it," the governor said.

United Refining Chairman and CEO John Catsimatidis, who is also the billionaire owner and CEO of New York City supermarket chain Gristedes, weighs in on whether inflation could start to come down soon. video
post 1663589073 06-28-2022, 03:29 PM
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#35
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Biden relief checks
Subscribe for extra premium content (no noodz sorry guys)
post 1663589153 06-28-2022, 03:33 PM
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#36
  1. JayJ350
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Originally Posted By gachase21⏩
This will hurt the rest of the nation more than California.

They will get the benefits of local artificial demand, but the resources price for those demands will be impacted nationwide.
Maybe in the short term
post 1663591133 06-28-2022, 04:17 PM
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#37
  1. dyee4613
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Originally Posted By JayJ350⏩
California is going to be the center of the worst economic collapse in modern history.
California has a big surplus. .
post 1663591263 06-28-2022, 04:18 PM
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#38
  1. TonyTriangles
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lets beat inflation by creating more inflation
US Navy Vet
Misc bjj crew
Aweir
post 1663591563 06-28-2022, 04:24 PM
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#39
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Originally Posted By JayJ350⏩
California is going to be the center of the worst economic collapse in modern history.
GOATCal is bust proof
6'3 Master Race
GOATCal Crew
No Pillow Crew
Pureblood Crew
post 1663591683 06-28-2022, 04:25 PM
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#40
  1. JayJ350
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Originally Posted By dyee4613⏩
California has a big surplus. .
Thanks to over-taxation, and loads of big tax payers are leaving.

California is built upon an unstable mess of lies, deception, and corruption.
post 1663592203 06-28-2022, 04:36 PM
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#41
  1. BeginnerGainz
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They really don’t get it, do they?
Age: 30

"If I have seen further than others, it is by standing upon the shoulders of giants"
-Sir Isaac Newton
post 1663592453 06-28-2022, 04:41 PM
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#42
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Nobody is going to spend it properly. They will just buy shoes and TVs
post 1663592803 06-28-2022, 04:50 PM
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#43
  1. JayJ350
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Originally Posted By BeginnerGainz⏩
They really don’t get it, do they?
Asking a leftist democrat to fix the economy is like asking a sloot to fix slooting.
post 1663592933 06-28-2022, 04:53 PM
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#44
  1. Fishman15
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Originally Posted By gachase21⏩
Great plan to curb demand….



https://www.cnbc.com/amp/2022/06/28/...es-follow.html





Someone doesn’t know how inflation works.

The bad part is- even though this is just California - it will increase the time inflation last for the entire nation.

The same way Biden exacerbated worldwide inflation.
So, the answer to inflation is to create more inflation? Who knew...what a brave new world!
Hey Timmy, show us on the boy doll where the tampon goes...
post 1663592963 06-28-2022, 04:53 PM
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#45
  1. leafs43
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Zimbabwe level of intellect being exhibited in California
post 1663593043 06-28-2022, 04:55 PM
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#46
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Originally Posted By leafs43⏩
Zimbabwe level of intellect being exhibited in California
I read a story the other day saying the whole country will be getting stimulus checks soon

edit, 11 states

Up to $850 in Stimulus Checks Could Be Coming for People in 11 States
Federal stimulus checks may be over, but statewide stimulus checks might still hit the wallets of people in 11 states.
https://www.fatherly.com/news/statew...us-checks-2022
post 1663593283 06-28-2022, 04:59 PM
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#47
  1. NitrogenWidget
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Hochel did the same thing in NY.
I built a new 4 keg keezer with some of it and bought parts for a still with the rest.
copper aint cheap.
post 1663593583 06-28-2022, 05:06 PM
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#48
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So at what point is it going to be acceptable to send democrats to a modern day gulag? Seriously they’re unapologetically destroying this country with their stupidity.
post 1663594303 06-28-2022, 05:15 PM
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#49
  1. fitnessislife
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Originally Posted By JayJ350⏩
California is going to be the center of the worst economic collapse in modern history.
But at least the weather is nice.
"At the core of liberalism is the spoiled child - miserable, as all spoiled children are, unsatisfied,
demanding, ill-disciplined, despotic and useless. Liberalism is a philosophy of sniveling brats."

- PJ O'Rourke
post 1663594413 06-28-2022, 05:17 PM
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#50
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Originally Posted By NitrogenWidget⏩
Hochel did the same thing in NY.
I built a new 4 keg keezer with some of it and bought parts for a still with the rest.
copper aint cheap.
Shocker. Gilligan is a moonshiner. Complete with overalls and a bucket hat.
post 1663597313 06-28-2022, 06:14 PM
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#51
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California is going to be Venezuela 2.0. Wait until they start eating zoo animals
Brazilian Jiu Jitsu purple belt

guns
god
jiu jitsu
post 1663597823 06-28-2022, 06:25 PM
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#52
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Originally Posted By NYPat⏩
Shocker. Gilligan is a moonshiner. Complete with overalls and a bucket hat.
Shocker, a democrat that avoids the thread topic and resorts to a personal attack. As if making liquor of any kind, not to mention beer and wine, isn’t an incredibly popular hobby the world over. Go fuk your self
post 1663597843 06-28-2022, 06:26 PM
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#53
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I wonder what the leftist think about this?
post 1663597883 06-28-2022, 06:26 PM
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#54
  1. yabbayabba
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Originally Posted By fitnessislife⏩
But at least the weather is nice.
Maybe SoCal...been 100+ for the past week where I'm at in NorCal.

And look at the fine print...$75k is almost poverty anywhere in California at this point. That money certainly isn't going to be used for anything responsible. California does have like a $95 billion surplus at the moment so while it can afford this right now there are so many failed infrastructure (remember how you liberal ****tards loved infrastructure when your pants ****ting cult daddy was talking about it?) projects that money could be used on not to mention we'll probably have another La Nina this year so California will probably end up being 50% on fire. The hellscape of seeing a red sun at noon last year from the smoke was kind of cool.
post 1663599823 06-28-2022, 07:01 PM
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#55
  1. NitrogenWidget
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Originally Posted By NYPat⏩
Shocker. Gilligan is a moonshiner. Complete with overalls and a bucket hat.
shirtless with one side undone boyo.
my exposed nipple didn't offend your wife BTW.

Now, you telling me she didn't share what she brought home from my place the other night?

post 1663599883 06-28-2022, 07:02 PM
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#56
  1. JayJ350
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Originally Posted By fitnessislife⏩
But at least the weather is nice.
That's also a myth, it's way too phucking hot here during the summer and everything is way too dry and firey, but at least it's mostly peaceful.
post 1663600723 06-28-2022, 07:18 PM
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#57
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Going to buy ar 15 parts with mine.
"To be a warrior is not a simple matter of wishing to be one. It is rather an endless struggle that will go on to the very last moment of our lives. Nobody is born a warrior, in exactly the same way that nobody is born an average man. We make ourselves into one or the other."-- Carlos Castaneda
post 1663604313 06-28-2022, 08:53 PM
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#58
  1. Austanian
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Originally Posted By AlfBundy⏩
I read a story the other day saying the whole country will be getting stimulus checks soon

edit, 11 states

Up to $850 in Stimulus Checks Could Be Coming for People in 11 States



https://www.fatherly.com/news/statew...us-checks-2022
A 75 dollar check for tax payers isn't exactly a stimulus check.
post 1663604933 06-28-2022, 09:15 PM
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#59
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Originally Posted By Austanian⏩
A 75 dollar check for tax payers isn't exactly a stimulus check.
My state was also for tax payers only and was paid by record oil and gas revenues.

Felt more like a tax refund than stimulus but maybe that's a distinction without a difference.
post 1663605883 06-28-2022, 09:47 PM
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#60
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Originally Posted By SmillironS⏩
Shocker, a democrat that avoids the thread topic and resorts to a personal attack. As if making liquor of any kind, not to mention beer and wine, isn’t an incredibly popular hobby the world over. Go fuk your self
NYPeedo doesn't know what goes on outside his basement, aka the diddler room.
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