looks like the proposal is this
Single filer making up to $75000 will get $1200, Joint couple $2400 up to 150000 income.
There after it will reduce by $5 for every $100 income up to $99000 for single or 198000 for couple.
It could change…
US residents will get a cheque from government
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Devil’s advocate.
(because I can)
Income and expense totally different. Someone in San Francisco has rent of $4500/month, someone in say Texas has $1600/month. The California one to earn $6500/gross to earn $4500/net so the Texan has to earn $2400/month gross to earn $1600/net.
The State then says the person earning $100K has no benefit. So the Texan has money paid for by the person in San Francisco.
Do your calculations.
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