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InsearchofStarfish
Santa Ana, OC, CA
741 blogs/13135 comments
since Nov 17 2008

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biden's bbb of 1.75t getting a vote
Nov 19 2021 02:44AM more by InsearchofStarfish
Tags: Current Events

cbo score got the dems excited...estimates were pretty close, but don't acct for the liberal budget trick of starting a major short term entitlement program


the bank reporting issues still need to be taken out of this thing...looks like the adjustment to the 600 dollar threshold is smoke and mirrors and pretty much everyone will be subject to reporting

***Biden admin backs down on tracking bank accounts with over $600 annual transactions

Those who receive W-2 forms would be exempt from the IRS data collection


Democrats Inch Closer to Passing Largest Amnesty in American History ?? not sure this is in the bill yet...it was originally and they had to take it out over the summer


I saw a requirement of NOT needing SS# to get the new tax credits...why would they do something like that?





Attached Links
https://abcnews.go.com/Politics/biden-admin-backs-tracking-bank-accounts-600-annual/story?id=80665505
      
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Angler1
CA
90 blogs/5963 comments
since Jan 6 2008

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Nov 19 2021 03:18AM     link to this

To buy future voters.
lapierre
Seal/Sunset Beach, OC, CA
26 blogs/872 comments
since May 6 2009

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Nov 19 2021 09:39AM     link to this

take the benefit of being self-employed / 1099.
its a direct kick in the face of those who supported the previous administration.

maybe they should start taxing benefits if they really want to close the gap.
all the benefits a teacher or firefighter get in california by example - mostly non taxed.


InsearchofStarfish
Santa Ana, OC, CA
741 blogs/13135 comments
since Nov 17 2008

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Nov 19 2021 11:07AM     link to this

the hole is going to be deep for next admin in charge

we probably need some taxes to pay for the covid spend


InsearchofStarfish
Santa Ana, OC, CA
741 blogs/13135 comments
since Nov 17 2008

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Nov 19 2021 02:17PM     link to this

there are a few things in the bill that are good, but NEED major oversight and the fraud could be huge

think the universal preK stuff is important...there needs to be big-time testing to make sure providers can stay in business and qualify for gov. money. could help solve the reading/math issues in the following years.
GoBallsDeep
Fullerton, OC, CA
152 blogs/11237 comments
since Dec 12 2019

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Nov 19 2021 09:44PM     link to this

It's the Federal government
What could go wrong?
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