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SFandH
Elite Nomad
Posts: 6926
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Quote: Originally posted by JZ  |
many, many hospitals have over stated the Covid-19 numbers to get more $'s from CARES and Medicare.
[Edited on 6-7-2020 by JZ] |
From FactCheck.org:
Q: Are hospitals inflating the number of COVID-19 cases and deaths so they can be paid more?
A: Recent legislation pays hospitals higher Medicare rates for COVID-19 patients and treatment, but there is no evidence of fraudulent reporting.
https://www.factcheck.org/2020/04/hospital-payments-and-the-...
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Bajazly
Senior Nomad
Posts: 992
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Location: Goodbye Cali and Hello San Felipe
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Mood: More Relaxed Everyday
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| Quote: Originally posted by John Harper | | Quote: Originally posted by JZ |
My biz is fine. We got a bunch of money from the SBA PPP loan act. It is a 100% forgivable loan. Business has been fine. |
So, your business is now sucking off the government teat? Aren't you the cornhole that criticizes other members for receiving government checks?
John |
Yep, welfare is the scourge of the earth... unless it's doled out to those that don't need it then it's the greatest thing since cream cheese... just
not called welfare per se.
Believing is religion - Knowing is science
Harald Pietschmann
"Get off the beaten path and memories, friends and new techniques are developed"
Bajazly, August 2019
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motoged
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Location: Kamloops, BC
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Mood: Gettin' Better
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| Quote: Originally posted by JZ | .....
My biz is fine. We got a bunch of money from the SBA PPP loan act. It is a 100% forgivable loan. Business has been fine.
I'm thinking about so many other ppl out there. And the long term impact....
[Edited on 6-7-2020 by JZ] |
Jizz,
Your empathy for others has always impressed me....especially when you take time from your narcissistic posts about you and your dog to judge others
and spread false information to justify your own actions.
My government pension (into which I have contributed over 45 years) is taxable.....and in no way is some form of free-loading as you have
suggested.....but you are here now gloating over being on the dole.....WTF?
As pointed out in an earlier post, you present as a bit of a corn-hole.
There is a theory out there that applies to your logic....but it takes more than 20 seconds to access:
https://gem.cbc.ca/media/documentary-specials/episode-98/38e815a-01292c4ead3
[Edited on 6-7-2020 by motoged]
[Edited on 6-7-2020 by motoged]
Don't believe everything you think....
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JZ
Elite Nomad
Posts: 9236
Registered: 10-3-2003
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| Quote: Originally posted by John |
So, your business is now sucking off the government teat? Aren't you the cornhole that criticizes other members for receiving government checks?
John |
The $'s go to the employees. So you don't lay anyone off.
Also, you missed the main point of my criticism. Motoged is sucking off the govt. tit AND telling everyone to stay home and not impact his life.
Stated that he basically doesn't care how long the shutdown goes on or how it is crushing others. He's fine, and that's all that matters.
[Edited on 6-7-2020 by JZ]
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JZ
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Proves what I said that hosptials get more $'s for providing Covid-19 care than other services. A good bit more. And also says they haven't caught
them doing it "yet."
Ask anyone who works at a hospital. It's happening.
[Edited on 6-7-2020 by JZ]
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BajaRat
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Location: SW Four Corners / Bahia Asuncion BCS
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Mood: Ready for some salt water with my Tecate
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| Quote: Originally posted by John Harper | | Quote: Originally posted by JZ |
My biz is fine. We got a bunch of money from the SBA PPP loan act. It is a 100% forgivable loan. Business has been fine. |
So, your business is now sucking off the government teat? Aren't you the cornhole that criticizes other members for receiving government checks?
John |
UHUM  you got a bunch of printed fiat money that our children’s children
will be on the hook for through inflation,
Thanks, when it comes to thinking about themselves first humans are rarely unpredictable 
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TedZark
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From FactCheck.org:
"but there is no evidence of fraudulent reporting."
Yet.
Whenever you read "There is no evidence" often that just means its not been looked into YET. Of course not, too recent.
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motoged
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Location: Kamloops, BC
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| Quote: Originally posted by lencho |
Useless link for most of us:
"Your internet connection appears to not be located in Canada, you can not access CBC Gem due to rights issues." |
That's a shame.... try this brief clip re: the theory....
https://www.youtube.com/watch?v=UtmxT0Rg1Nc
It is a light-hearted documentary.....
Try logging into NFB site , register, and watch....
National Film Board
[Edited on 6-7-2020 by motoged]
[Edited on 6-7-2020 by motoged]
[Edited on 6-7-2020 by motoged]
[Edited on 6-7-2020 by motoged]
Don't believe everything you think....
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John Harper
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My tax dollars go to pay your employees? I assume your paycheck is included as well?
Sounds like welfare to me.
John
[Edited on 6-7-2020 by John Harper]
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TMW
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Everyone in the USA that filed taxes the last two years got paid. I got my $2400 and I put it to good use helping the economy.
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JZ
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| Quote: Originally posted by TMW | | Everyone in the USA that filed taxes the last two years got paid. I got my $2400 and I put it to good use helping the economy. |
Wife and I didn't get anything.
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Howard
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Not everyone received the stimulus $. If a single person made over a certain amount (Your AGI) which I believe was around $99,000 you received nada.
We don't stop playing because we grow old;
we grow old because we stop playing
George Bernard Shaw
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Paco Facullo
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Mood: Abiding ..........
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| Quote: Originally posted by BajaRat |
UHUM you got a bunch of printed fiat money that our children’s children
will be on the hook for through inflation,
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Not to worry as the dollar will nothing by then... Buy Bitcoin ! ( SO kidding )
Now Gold and Silver , maybe so...
Since I've given up all hope, I feel much better
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SFandH
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| Quote: Originally posted by lencho | That depends on whether you intend to pay back that 100% forgivable
"loan".
Under what conditions can it be forgiven? |
lencho,
see: https://www.google.com/search?q=ppp+loan+forgiveness
note that the rules changed a couple of days ago
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JZ
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Original rules were it had to be spent at least 75% on paying employees and you had to keep basically the same number of employees as before the
pandemic. 25% can be used on leases and a few other expenses. Had 8 weeks to spend it. A lot of companies already went through the 8 weeks, and
adhered to this.
At the end of last week they expanded it to 20+ weeks to spend the money and 60% minimum has to go to employees.
Do those things and it is 100% forgivable. The goal is to help small businesses keep all their employees employed.
[Edited on 6-7-2020 by JZ]
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norte
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| Quote: Originally posted by shari | one must be careful repeating what one hears...yesterday a friend from Vizcaino who knows Susie said she is off to Mexico city to deal with this
issue....and that she said it wasnt so??? Who do we believe?
Many think the government is spreading rumours about the numbers and who is sick and what people die from etc....pretty hard to know what is true
unless you hear it from the camels mouth...rumours abound.
People that were reported dying of covid....their family members are on social media saying they died of something else but it just gets added to the
covid count. |
Seems she might be off to Mexico City to explain why she brought in sick workers when there is a shutdown of BCS. From the news. "Se confirma brote
COVID 19 en campo agrícola del Vizcaíno.
Al momento se han confirmado a nueve trabajadores de un campo agrícola con su residencia en el valle del Vizcaíno, ya se trabaja en el cerco
epidémiologico, por otro lado se esta valorando que el hospital del IMSS en Gro Negro se reconvierta en su totalidad a una clínica COVID 19.
COVID 19 outbreak is confirmed in agricultural field of Vizcaino."
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John Harper
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| Quote: Originally posted by JZ |
At the end of last week they expanded it to 20+ weeks to spend the money and 60% minimum has to go to employees. |
So 60% goes to employees, but they are taxed on that as income.
The other 40% is now tax free to your company? Not classified as revenue for tax purposes but as a "forgivable" loan? And you can still write off
payroll, lease expenses, etc. against revenue? Expenses paid for with that tax free money? Which actually reduces your corporate taxes as a result?
Damn, what a deal. Free taxpayer money and reduced corporate taxes.
Who says Republicans hate welfare?
John
[Edited on 6-8-2020 by John Harper]
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mtgoat666
Select Nomad
Posts: 17302
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Mood: Hot n spicy
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| Quote: Originally posted by John Harper | | Quote: Originally posted by JZ |
At the end of last week they expanded it to 20+ weeks to spend the money and 60% minimum has to go to employees. |
So 60% goes to employees, but they are taxed on that as income.
The other 40% is now tax free to your company? Not classified as revenue for tax purposes but as a "forgivable" loan? And you can still write off
lease expenses, etc. against revenue? Expenses paid for with that tax free money? Which actually reduces your corporate taxes as a result?
Damn, what a deal. Free taxpayer money and reduced corporate taxes.
John
[Edited on 6-8-2020 by John Harper] |
They are very nice loans if you are in a biz that did not experience a slowdown or had low/little nonbillable labor costs during then trump2020
recession...
Or a biz that would have willingly carried employees over a slow period, but govt gave you free money so you did not have to carry costs yourself...
The forgivable loans are in some cases much, much nicer than the relatively small individual stimulus checks that are only given to those with income
less than $99k
I am Amused that the GOP professes to be anti-socialism, But they sure do like going on the dole for the trump2020 recession freebies!
Like the GOP says, Socialism is great when you are rich, bad when you are poor 
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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Bajazly
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If...
Then...
Why did the tax payers need to give you a bunch of free money?
Believing is religion - Knowing is science
Harald Pietschmann
"Get off the beaten path and memories, friends and new techniques are developed"
Bajazly, August 2019
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Pacifico
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| Quote: Originally posted by lencho |
What I am trying to figure out is the ethical thing to do with those stimulus checks which most of us here didn't need nor apply for.
Question for each individual's conscience.  |
Interesting thought....I guess one would just not have to cash it and shred it if they desired. I wonder how many noble people did this? Did you get
one, Lencho?
After paying hundreds of thousands of dollars in taxes over a lifetime, why would anyone not take the small pittance?
"Plan your life as if you are going to live forever. Live your life as if you are going to die tomorrow." - Carlos Fiesta
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