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Business, Economics, and Taxes: Capitalism. Yay? >=(

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  • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

    The airlines are close to getting a $25 billion bailout.
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    • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

      Originally posted by Handyman View Post
      Oh and lets not pretend you arent the KING of talking out of your *** about stuff...
      Then again, isn't pontificating on a topic from a position of extreme ignorance what these boards are all about?

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      • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

        Originally posted by SJHovey View Post
        I'm not 100% certain about the timing of the use of the payroll money.

        I believe that by June 30 you have to have your payroll figures back to where they were on the comparison date, which I think is February 15, 2020.

        On the other hand, I've been told (including by my banker) that once the money is paid to the business, the eight weeks for use of the payroll money starts ticking. That is why he asked me when we wanted to close on the loan, since that would start the clock. That representation also kind of conforms to what I read in some articles about the loan program that talked about this not being a great loan for businesses that are unlikely to open again in eight weeks.

        Here is a link to the Treasury department short summary, and you'll see in the section on page 3 regarding loan forgiveness they talk about the amount you use for payroll, rent and utilities "over the 8 weeks after getting the loan." That kind of sounds to me like what my banker is talking about.

        https://home.treasury.gov/system/fil...Fact-Sheet.pdf
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        • Originally posted by FadeToBlack&Gold View Post
          Then again, isn't pontificating on a topic from a position of extreme ignorance what these boards are all about?
          Duh
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          • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

            Originally posted by FadeToBlack&Gold View Post
            Then again, isn't pontificating on a topic from a position of extreme ignorance what life is all about?
            Fixed.
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            • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

              Originally posted by Rover View Post
              I'm pretty sure that's mookie.
              how's president hillary doing these days?
              a legend and an out of work bum look a lot alike, daddy.

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              • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                Originally posted by mookie1995 View Post
                how's president hillary doing these days?
                Since you've repeatedly posted that Trump will be re-elected, see you in November.
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                • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                  Best Buy furloughing 51,000 workers

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                  • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                    Originally posted by Deutsche Gopher Fan View Post
                    Best Buy furloughing 51,000 workers
                    "It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
                    -aparch

                    "Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
                    -INCH

                    Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
                    -ScoobyDoo 12/17/2007

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                    • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                      Originally posted by Deutsche Gopher Fan View Post
                      Best Buy furloughing 51,000 workers
                      So next week we can expect another flood of UI claims to clog the application systems...

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                      • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                        So for the last 30+ years my uncle has run a sealcoating business. During the offseason (Nov-Apr), he collects unemployment. Of course, he voted for Dump.

                        His wife helps with that, but also cleans houses, which she hasn't been able to do due to social distancing/SIP. So she's also collecting UI. Also voted for Dump.

                        Last night he told my dad both of their unemployment checks jumped from $300 to $900/wk last week, and they no longer care if they get to work this summer. How socialist of them.

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                        • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                          Originally posted by FadeToBlack&Gold View Post
                          So for the last 30+ years my uncle has run a sealcoating business. During the offseason (Nov-Apr), he collects unemployment. Of course, he voted for Dump.

                          His wife helps with that, but also cleans houses, which she hasn't been able to do due to social distancing/SIP. So she's also collecting UI. Also voted for Dump.

                          Last night he told my dad both of their unemployment checks jumped from $300 to $900/wk last week, and they no longer care if they get to work this summer. How socialist of them.
                          This supports my theory that Republicans think most people are freeloaders because they imagine "what would I do in that situation?" Also explains why they're tough on the accused and why they assume most people are lying.
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                          • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                            Originally posted by Kepler View Post
                            This supports my theory that Republicans think most people are freeloaders because they think "what would I do in that situation?"

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                            • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                              They are excited about $3600 a month? Thats still pretty much being broke.
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                              • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                                Originally posted by JF_Gophers View Post
                                They are excited about $3600 a month? Thats still pretty much being broke.
                                They have a lot in savings/investments and he turns 60 this year. I think he's seeing this as the impetus for starting semi-retirement.

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