Sorry if this has been posted previously

Blu82

I found it interesting to play with the numbers.

https://www.cnet.com/personal-finance/third-stimulus-checks-are-on-the-way-calculate-your-payment-while-you-wait/

USMChawk

Oh look, more stimulus money I won’t get.

PurpleThrobber

What discount rate should I use to NPV the massive negative cash flow from all the taxes and inflation related costs of living I'll be tossing out the window vs. the $1400 I won't get?

Blu82

PurpleThrobber said:

What discount rate should I use to NPV the massive negative cash flow from all the taxes and inflation related costs of living I'll be tossing out the window vs. the $1400 I won't get?

Shouldn't make any difference what number you use.
Slo Joe and his merry Men, women and various other sexes just pick a number and throw up.
$2000?
$1400?
$1.9 trillion (9% for Covid, of course)
Just pick one. It'll be ok.

PurpleThrobber

Blu82 said:

PurpleThrobber said:

What discount rate should I use to NPV the massive negative cash flow from all the taxes and inflation related costs of living I'll be tossing out the window vs. the $1400 I won't get?

Shouldn't make any difference what number you use.
Slo Joe and his merry Men, women and various other sexes just pick a number and throw up.
$2000?
$1400?
$1.9 trillion (9% for Covid, of course)
Just pick one. It'll be ok.

Excel exploded.

1to392831weretaken

Blu82 said:

PurpleThrobber said:

What discount rate should I use to NPV the massive negative cash flow from all the taxes and inflation related costs of living I'll be tossing out the window vs. the $1400 I won't get?

Shouldn't make any difference what number you use.
Slo Joe and his merry Men, women and various other sexes just pick a number and throw up.
$2000?
$1400?
$1.9 trillion (9% for Covid, of course)
Just pick one. It'll be ok.

So when Trump's $2.2 trillion CARES act passed, were you equally pissed?

PurpleThrobber

1to392831weretaken said:

Blu82 said:

PurpleThrobber said:

What discount rate should I use to NPV the massive negative cash flow from all the taxes and inflation related costs of living I'll be tossing out the window vs. the $1400 I won't get?

Shouldn't make any difference what number you use.
Slo Joe and his merry Men, women and various other sexes just pick a number and throw up.
$2000?
$1400?
$1.9 trillion (9% for Covid, of course)
Just pick one. It'll be ok.

So when Trump's $2.2 trillion CARES act passed, were you equally pissed?

How much of that went overseas?

greenblood

USMChawk said:

Oh look, more stimulus money I won’t get.

I guess in a way, it’s a good problem to have

BennyBeaver

Somehow we ended up with a small check during round 1 of COVID stim. I think it was because of the kids I still have as dependents. I didn’t really look into the why, I just divvied it up to them. They were impacted due to the part time jobs they had were cut. So it was good to give them some spending $.

I didn’t need it. Honestly the kids didn’t “need” it either.

PurpleThrobber

BennyBeaver said:

Somehow we ended up with a small check during round 1 of COVID stim. I think it was because of the kids I still have as dependents. I didn’t really look into the why, I just divvied it up to them. They were impacted due to the part time jobs they had were cut. So it was good to give them some spending $.

I didn’t need it. Honestly the kids didn’t “need” it either.

You sound poor.

doogie

Covid stiiimulous relief on average, totals almost $44,000 per taxpayer.

You above or below average?

GreenRiverGatorz

PurpleThrobber said:

1to392831weretaken said:

Blu82 said:

PurpleThrobber said:

What discount rate should I use to NPV the massive negative cash flow from all the taxes and inflation related costs of living I'll be tossing out the window vs. the $1400 I won't get?

Shouldn't make any difference what number you use.
Slo Joe and his merry Men, women and various other sexes just pick a number and throw up.
$2000?
$1400?
$1.9 trillion (9% for Covid, of course)
Just pick one. It'll be ok.

So when Trump's $2.2 trillion CARES act passed, were you equally pissed?

How much of that went overseas?

How much of it went to large corporations via direct funds or future tax benefits? Both bills are/were enormous and incredibly wasteful. This isn't the Tug - we acknowledge government waste of all stripes in this club.

BennyBeaver

PurpleThrobber said:

BennyBeaver said:

Somehow we ended up with a small check during round 1 of COVID stim. I think it was because of the kids I still have as dependents. I didn’t really look into the why, I just divvied it up to them. They were impacted due to the part time jobs they had were cut. So it was good to give them some spending $.

I didn’t need it. Honestly the kids didn’t “need” it either.

You sound poor.

I guess so.

PurpleThrobber

GreenRiverGatorz said:

PurpleThrobber said:

1to392831weretaken said:

Blu82 said:

PurpleThrobber said:

What discount rate should I use to NPV the massive negative cash flow from all the taxes and inflation related costs of living I'll be tossing out the window vs. the $1400 I won't get?

Shouldn't make any difference what number you use.
Slo Joe and his merry Men, women and various other sexes just pick a number and throw up.
$2000?
$1400?
$1.9 trillion (9% for Covid, of course)
Just pick one. It'll be ok.

So when Trump's $2.2 trillion CARES act passed, were you equally pissed?

How much of that went overseas?

How much of it went to large corporations via direct funds or future tax benefits? Both bills are/were enormous and incredibly wasteful. This isn't the Tug - we acknowledge government waste of all stripes in this club.

so how much went overseas?