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Old 03-26-2020, 07:12 PM
Velocity is offline
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Join Date: Jun 2014
Posts: 17,551
Quote:
Originally Posted by RioRico View Post
Has anyone produced a table or graph of which income groups will receive how much of the bailout bribe disaster relief funds? I suspect that low-income groups, who need cash more, will receive less. Am I misguided?
I can't link to a graph, but the low-income groups won't receive less. They'll get the most.

Everyone who earned $75,000 or less = gets a check for $1,200.
Those who earned between 75-99k = get a check for a lesser amount.
Those who earned over $99,000 = get nothing.


The low-income groups get the most. Of course, $1,200 doesn't go far to begin with. Ideally it should have been double or triple that - I hope Congress approves a second or third such round of payments in the summer if the recession persists.