3 ms·
forbearance and tax relief will do wonders for those who own properties however this does nothing for renters or cover the other considerations, food and utilit
by Shivetya 6y ago
forbearance and tax relief will do wonders for those who own properties however this does nothing for renters or cover the other considerations, food and utilities.
the only solution is to replace lost income with a maximum cap of how much is restored. As in, take the reported income filings or individuals across a set period prior to the nationwide lockdown and use that to determine aid to go to those people. No wholesale just because you are breathing you get money. No bonus on top of it for children. Hence the number will likely need to be larger than $1200 for one month and taxes at all levels need to be forgiven for the air. I am betting on nearly $2000 per income earner up to their income or that cap.
however you will have to accept you will have people who will waste this money as well, you can easily find numerous cases where people treated the last stimulus as a bonus