Wednesday, March 25, 2020

The coronavirus is a wonderful thing because even though nobody in my farm town is infected with it, I'm going to get $1,200 (which I don't need) from the United States government. Thousands of people are dying from the virus but that's their problem.

Anyone who files a 2019 return (or 2018) and earns $75,000 or less will receive a one-time $1,200 check, or $2,400 for couples filing jointly. In addition, those households will receive $500 per child. The check amount will go down until it phases out completely for people earning $99,000, or $198,000 for joint taxpayers. The Tax Foundation estimates this will cost $301 billion.

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