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$8000 ADULT Check Update | Stimulus Package Update | 107 Million Household's Pay NO FEDERAL TAX - YouTube
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Hello, Hello, Hello and welcome to today s
August 20th, Daily News report as well as
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ongoing stimulus package information video.
If you re a subscribed member of my community,
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then welcome back. And if you re not, consider
subscribing right now So I can keep you up
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to date on what s going on in Washington DC,
The US Economy, the Stimulus Package programs,
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money, investing and more.
This is your daily reminder to sign up for
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the august giveaway where Kacey and I are
giving away $10,000 in cash to help those
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in the community that might need a little
extra spending cash right now and as a thank
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you for helping me get over 1 million subscribers.
You can sign up each day to improve your odds
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of winning and it only takes about 20 seconds.
I d like to thank today s video sponsor hello
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fresh. I ll tell you about a delicious offer
they have for new customers later in this
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video.
President Biden announced yesterday that he
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is not planning to ask lawmakers to extend
the Federal Unemployment boost of $300 a week.
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Even with delta variants on the rise and in
the media he said its time for people to go
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back to work.
Secretary of Treasury Janet Yellen disagreed
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with the President and said some areas of
the country still need unemployment help but
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that she trusts the President judgement and
decision.
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Labor Secretary Marty Walsh also disagreed
with President Biden and said unemployment
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help should remain open for awhile longer.
About a month ago I told you how representative
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Gwen Moore wants to see adult tax credits
included in the next stimulus package. Well
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she s put out an update with some changes
that look like the program might be easier
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to sell to congress and its passed would send
monthly checks to americans.
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I m going to tell you more about this proposed
program and changes but first let me tell
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you about today s video sponsor.
I want to thank today s video sponsor HelloFresh
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So many of you signed up for Hello Fresh last
time that they ve asked me to talk about them
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again with my community.
HelloFresh is America s #1 meal kit and I
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With the world opening back up, Kacey and
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a Hello Fresh dinner in their home.
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What surprised them was that we had everything
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Not only was it cheaper than going out to
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That s right, Hello Fresh is going to give
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and free shipping to try them out.
To make it easy, I ll make sure to leave a
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link below.
Ok so in the past Representative Moore wanted
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couples earning under $90,000 to get up to
an $8000 adult tax credit similar to what
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we are seeing with the child tax credit checks.
However, she s made some refinements. Now
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she is saying she wants to see people that
make under $30,000 to get a $4000 adult tax
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credit. She wants to see those that make between
$30,001 up to $50,000 get $8,000.
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Now you wouldn t need to have kids for this
program. Moore said she would want to these
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tax credits be non refundable meaning not
having to pay them back and she wants to see
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them as a monthly check to help people throughout
the year and not just as a lump sum at tax
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season. However, if they are put into law
I could see the IRS making lump sum or monthly
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payments an option the consumer chooses.
A spokesperson from the economic securities
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project which has recommended smaller stimulus
checks for multiple months to the white house
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said, this program allows people do escape
poverty and maintain dignity. Essentially
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it would help people earning under $50,000
a year keep more of their own money and possibly
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get some supplementation.
Its not clear if this will be a stand alone
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bill or be added to the American Families
Plan or the next stimulus package but I wanted
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to update you on
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this programs new details.
By the way, thank you so much for giving my
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videos a like. I really appreciate you taking
the time to hit the like button.
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Billionaire Grocery Store owner John Catsimatidis,
says the United States Government is lying
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to its own people. He says the price increase
at the store are an attack on americans. He
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said trying to raise taxes on businesses sounds
really, really good on paper but every business
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in America will pass that on to the people.
So really it s the governements way of getting
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taxes out of the people while lying that they
are getting it from businesses. He says the
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people need to fight back.
He also said the government is making more
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with these high gas prices and it s the poor
and middle class they are hurting.
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As a billionaire he said the government should
focus on taxing the wealthy more and making
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them pay their fair share but don t attack
he businesses because it s a sneaky way of
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attacking the people. Interesting insight
from a billionaire.
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According to a new report, 107 million households
paid no federal tax last year. This is the
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highest number of people not owing the federal
government tax. In 2019 the number was 76
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million. So 69 million fewer people paid taxes
last year.
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That s good of the people and hard on the
federal government. I sure hope keeping more
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of our hard earned money is in the cards but
I kind of doubt it. The government has a sneaky
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way of making sure they get money from us.
Yesterday I told you that President Biden
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wanted to go back to Delaware for the weekend
after having his worst week as president.
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The white house announced that he will stay
in DC since there is too much going on.
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Sadly, Vice President Kamala Harris continues
to drop in her approval rating. Many news
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outlets, including those that typically praise
her are pointing out she s not made one comment
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about Afghanistan or done a single interview.
Speaking of cancellations, did you know the
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US government announced that they would be
charging people $2000 to get them out of Kabul?
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Gratefully this did not go over well and the
US government and military will now get citizens
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at no cost.
The FBI has finally finished their investigation
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of the January 6th capitol breach. Their 7
month investigation leads them to believe
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there is almost no evidence of a coup attempt
or even an organized demonstration or coordinated
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effort.
Perhaps Nancy Pelosi s personal investigation
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will turn up more than the FBI.
Elon Musk, CEO of Tesla announced that Tesla
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will start making robot humanoids to do boring
jobs or jobs humans don t want to do. For
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months now I ve been telling you that Universal
Basic Income won t role out from Washington
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DC because of poverty but because robots will
replace human works. Some of you laughed at
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me in the comments but now we see that more
and more robots will be a part of our future.
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The rise of the machines will start with humanless
cashiers and move up to mechanized war machines.
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Because of chip shortages, many automakers
are saying there could be 7.1 million fewer
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new cars in the future. Ford and other car
makers have lots filled with thousands and
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thousands of cars 99% ready to go. All they
are missing is a couple
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dollar chips to make them run.
This is my update for today. As I know more,
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I will definitely come on and share more.
Now before you go, make sure to go sign up
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to be one of the 25 winners of the $10,000
Kacey and I are giving away. 5 will win $1000
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and 25 will win $250 in cash. I m excited
to give away that money. The link to sign
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up will be in the first comment.
Also, check out Hello Fresh. It is so convenient
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and tasty and they ve made a generous new
customer offer.
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Before I go, I wish to remind you, that you
are amazing.
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I appreciate you being in my community
And I ll see you on the next video.
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