CHAT Well, I can see why people would rather collect Covid-enhanced unemployment than work

CaryC

CaryC

Has No Life - Lives on TB
Dennis Olson said:
I just got my first full UI check with the Covid addition.

$2500. For two weeks.

WTF???
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Compare that to the traditional MS unemployment check - 265.00 a week. Do you want taxes taken out of of that, sir?

And the non-production gross pay of the traditional factory worker 680.00 a week.

AND with production pay, of around 1000.00 (but are talking about really working) a week.

So sir when do you want to start to work? I have a hurt back, does that count as an injury? So not sure I can work, sorry, would you sign this so I can show I tried to get a job? Thank you.
 
Millwright

Millwright

Knuckle Dragger
_______________
Dennis Olson said:
I have some software classes I need to take. I guess I might as well get started.

Angular.js
Node.js
React

And if I want to code for mobile devices, Swift
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Good on you.

Even if I had an extensive knowledge base in code, the thought of learning multiple new languages would be damned intimidating to me.

Knowledge is power.




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20Gauge

20Gauge

TB Fanatic
Dennis Olson said:
There’s nothing that I want. I’d love to get that last $6k paid off from the signature loan I got to pay off the Murano, but I’m too paranoid right now.
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Stack the cash. They can get nothing from you on the signature loan. You have a good reason to be paranoid.
 
T

The Traveler

Veteran Member
Dennis, as some have alluded to income taxes. I dont know the rules regarding the taxation of UE as they have changed since I last had to sign up but taxes may be an issue come next April 15th. You might want to speak to your CPA if you have one or check the workforce commission website to find out if that is taxable income.
 
W

WalknTrot

Veteran Member
raven said:
note to all you seniors out there on the SS:
Start exercising, lose some weight, buy some spiffy threads
and go back to work
because they are not going to adjust your SS for this kind of inflation
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Hahaha! I don't think so. If need be, they'd take me back to the job I retired from in a heartbeat, can the worthless AND annoying millennials that they had to hire, double my salary and kiss my errrr...feet.

Technically, I'm still an employee on an emergency basis anyway...simple and no paperwork to go back to full time. Keycard still works and I still have a log-in to the "system". But since I love living like a Welfare Queen (retirement), in a bullshit-free zone and making the same as I did working (complete with nice COLA's) ....going back to regular employment would be a simple NO.
 
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20Gauge

20Gauge

TB Fanatic
The Traveler said:
Dennis, as some have alluded to income taxes. I dont know the rules regarding the taxation of UE as they have changed since I last had to sign up but taxes may be an issue come next April 15th. You might want to speak to your CPA if you have one or check the workforce commission website to find out if that is taxable income.
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The first $10,200 is not taxable in 2020, but next year it will be taxable in full unless they change the law again.
 
T

The Traveler

Veteran Member
20Gauge said:
The first $10,200 is not taxable in 2020, but next year it will be taxable in full unless they change the law again.
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Not arguing, but we are in 2021 now, so is taxable now or am I understanding they will change the rules next year for this year's tax burden if any?
 
nebb

nebb

Veteran Member
raven said:
note to all you seniors out there on the SS:
Start exercising, lose some weight, buy some spiffy threads
and go back to work
because they are not going to adjust your SS for this kind of inflation
Click to expand...
Go back to work....lose job for whatever reason and draw UC along with SS.
 
20Gauge

20Gauge

TB Fanatic
et2 said:
Plenty of jobs in MI of all kinds. Nobody wants to work. Places are closing down due to no workers
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All of us are thinking once the UE runs out in September, all those people will go back to work.

I am beginning to think that won't be the case. How many of those businesses can survive another 4-5 months with limited income if any at all?

I am betting there will a whole lot fewer businesses this time next year. UE will be back at record highs.
 
S

summer-texan

Contributing Member
I'm retired and have quite a large amount in an investment account. When my very liberal sister said well, you're going to cash the stimulus, right. I told her yes I am but the payback is going to come from her kids and grand kids. When I worked, I paid about 28 percent in taxes. I told me sister, in time her kids may be paying 30 to 35 percent and her grand kids may pay 35 to 40 percent in taxes.
 
33dInd

33dInd

Veteran Member
Dennis Olson said:
I didn’t say it wasn’t good for me on a personal basis. But DAMN! Somebody has to pay for that, KWIM? I feel very guilty getting that much. It seems obscene to me.
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No
Look at it as getting back some of your past payments
Yes we are all paying for it
And
Yes we have all paid for it
Don’t fret on it
 
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P

Profit of Doom

Dismember
Dennis Olson said:
I didn’t say it wasn’t good for me on a personal basis. But DAMN! Somebody has to pay for that, KWIM? I feel very guilty getting that much. It seems obscene to me.
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Is there still a way to donate money to reduce the National Debt? I do believe it can be deducted off your taxes.
 
P

Profit of Doom

Dismember
Satanta said:
Word of the Day.

Pay attention folks-this is going to **** up the rest of what they have not managed to **** up already.

All that money looks great ATM but, in a few months a Wheelbarrow of it won't buy you a slice of Bread unless the Baker needs fuel for the fire.
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It will be a good time to know how to bake bread.
Served with a slice of pickled butt monkey.
 
Millwright

Millwright

Knuckle Dragger
_______________
The big question is when will the bottom fall out.

I'ma thinkin' that Dennis nailed it.

This is going to be a major turning point in the complexion of our society.

Print it out and tape it on the fridge.


Dennis Olson said:
THIS! Once “free money” flows, turning it off will enrage the FSA. Then it’s show time… :(
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Jez

Jez

Veteran Member
Dennis Olson said:
I didn’t say it wasn’t good for me on a personal basis. But DAMN! Somebody has to pay for that, KWIM? I feel very guilty getting that much. It seems obscene to me.
Click to expand...
If they are going to throw money around while the government races to crash the dollar you might as well enjoy it. It's going to be given out anyway.
 
GammaRat

GammaRat

Veteran Member
Dennis Olson said:
I have some software classes I need to take. I guess I might as well get started.

Angular.js
Node.js
React

And if I want to code for mobile devices, Swift
Click to expand...
Golang!

Two issues with node.

1. Callback Hell
2. The modules folder is heavier than a black hole.

And...

3. It's not compiled.
 
subnet

subnet

Boot
Dennis Olson said:
I just got my first full UI check with the Covid addition.

$2500. For two weeks.

WTF???
Click to expand...
Did that include any back pay?
Cali holds a week or 2 back, is why i ask...before the wuflu they did anyhow actually I think it was it was, the first week didn't count, so you lost a week.
 
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bbbuddy

bbbuddy

DEPLORABLE ME
nomifyle said:
Hell, DH and I together do not get that much in a month from ss. By the grace of God we each have a couple of other small income streams that help drastically.

Dennis, take the money and run, so to speak. Buy yourself a good solar generator to run your c-pap.

God is good all the time
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Yeah, our SS is less than that, no other income, but everything is paid for... couple hundred a year for property tax, off grid...and that makes a difference.
 
DazedandConfused

DazedandConfused

Veteran Member
CaryC said:
Compare that to the traditional MS unemployment check - 265.00 a week. Do you want taxes taken out of of that, sir?

And the non-production gross pay of the traditional factory worker 680.00 a week.

AND with production pay, of around 1000.00 (but are talking about really working) a week.

So sir when do you want to start to work? I have a hurt back, does that count as an injury? So not sure I can work, sorry, would you sign this so I can show I tried to get a job? Thank you.
Click to expand...
In NC they dropped the requirement to look for work if the reason you filed for UI was do to COVID in any form.
 
Hfcomms

Hfcomms

EN66iq
Make hay while the sun shines. We all know the end of this now. Expand your food preps and everything else you need to be on your own for a considerable period of time as it’s never going to be cheaper than right now. If anything is left over put it into hard assets.
 
M

mikeabn

Finally not a lurker!
EVERYONE on my team is away or quarantined. "The boy stood on the burning deck, whence all but he had fled..." All I can say is the taxpayers got their money's worth outta me yesterday, today, and certainly will tomorrow. IT is a harsh mistress.
 
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