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How come people that get social security checks get stimulus rebates and taxpayersdont that's our tax money?
Wiki User
∙ 14y ago
What makes you think that people who get Social Security checks don't pay taxes?
Perhaps the poorest recipients who don't have any pensions, 401k, IRAs, investments, or bank interest don't. Did you think that only wages are subject to tax? Even Social Security checks are subject to tax if your income is high enough.
And here is perhaps another surprise: The federal government doesn't take in nearly enough money from taxes to pay its bills. It has to borrow massive amounts of money. If it makes you feel better, think of the stimulus money as being borrowed from the Chinese or some Middle Eastern sovereign wealth fund.
A political judgment was made that money had to be paid out in order to stimulate the economy. Whether that works or not only time will tell. It was decided that certain groups of people would be most likely to immediately spend the money and that certain groups of people were most in need. The checks are being sent to those people.
Wiki User
∙ 14y ago
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When are the 250.00 stimulus checks Social Security recipients are suppose to get being sent out?
The American Recovery and Reinvestment Act of 2009 provided for a one-time payment of $250 to individuals who receive Social Security or Supplemental Security Income benefits. Most of the payments were delivered by late May 2009. There is no economic stimulus check for 2010.
Stimulus checks?
Will I receive a stimulus check?
Will ssi get a stimulus checks in 2013?
will we get a stimulus check 2013
Will there be stimulus checks in the mail for 2014?
No, as of September 2013 there is no mention of there being stimulus checks for 2014.
Obama's stimulus checks for everyone are they in the mail?
Checks
Are stimulus payments sent out in the mail by social security numbers?
The Internal Revenue Service (IRS) link, below, indicates that the IRS sent the May 2008 stimulus checks according to the last two digits of the recipients social security number.
Will people on social security Receive a 2020 stimulus check?
They will receive a payment, but the details of how and when it will be done have not been worked out yet.
When are the 250.00 stimulus checks Social Security recipients are suppose to get being sent out?
The American Recovery and Reinvestment Act of 2009 provided for a one-time payment of $250 to individuals who receive Social Security or Supplemental Security Income benefits. Most of the payments were delivered by late May 2009. There is no economic stimulus check for 2010.
Stimulus checks?
Will I receive a stimulus check?
Will ssi get a stimulus checks in 2013?
will we get a stimulus check 2013
Will there be stimulus checks in the mail for 2014?
No, as of September 2013 there is no mention of there being stimulus checks for 2014.
Obama's stimulus checks for everyone are they in the mail?
Checks
What are issued stimulus checks called?
Economic stimulus payments.
Who is qualified for stimulus checks?
WHo qualified for stimulus check in 2009
How are stimulus checks distributed?
They are distributed by the last two numbers of your social security number. Lower numbers first.
When is the last day to file for the stimulus checks?
You MUST file (postmarked) no later than October 15th to qualify for the economic stimulus check.
When are wa getting a stimulus check in 2010?
Nothing is available at this time for the year 2010. The checks that were received in the year 2009 were called Economic Recovery Payment check. The economic stimulus check was received in the year 2008.
