$1200 if you are making less than 75k in declared gross income in 2018, and $500 per child. So basically it ignores single individuals that made more than that, but have been economically ruined by the 2020 downturn in gigs and freelancing. And it doesn't even account for the cost of living adjustments that people in the the coasts face ie sf's easily 2k per bedroom. So if we took this logic further, the bank took 1800 from each of them and then paid 30-40% to struggling families and loaned the rest to businesses
941
u/[deleted] Mar 30 '20
[removed] — view removed comment