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  • PurpleThrobber
    PurpleThrobber Member Posts: 48,005
    edited March 2021
    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
    Blu82 Member Posts: 1,670

    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
    PurpleThrobber Member Posts: 48,005
    Blu82 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
    1to392831weretaken Member Posts: 7,696
    Blu82 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
    PurpleThrobber Member Posts: 48,005

    Blu82 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
    greenblood Member Posts: 14,559
    USMChawk said:

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

    I guess in a way, it’s a good problem to have
  • BennyBeaver
    BennyBeaver Member Posts: 13,346
    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
    PurpleThrobber Member Posts: 48,005

    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
    doogie Member Posts: 15,072
    Covid stiiimulous relief on average, totals almost $44,000 per taxpayer.

    You above or below average?
  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,165
    edited March 2021

    Blu82 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
    BennyBeaver Member Posts: 13,346

    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
    PurpleThrobber Member Posts: 48,005

    Blu82 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?