This Thread Blows - C19 and beyond

xrjx said:
my kids' daycare is closed - and somehow still find it appropriate to charge us a reduced rate. about $350 per month between my 2 kids. does anyone else have kids in daycares that are closed? are they charging while not operating?
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I would have been fine with this it was either withdraw or pay full rate
 
ChrisRU said:
It depends on your employer, contact them. "Change in cost or coverage charges" is allowable as a change in status event for DC FSA under the IRS regs, but not all employers include this in their change in status/life events for mid year changes. There is also a possibility that the grace periods to spend down 2020 dependent care and healthcare FSA's will get extended into 2021, but that hasn't been proposed yet.
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I think we have till 1/3/21 till submit all claims I'm going to call my hr department today
 
Tim said:
I knew exactly what you meant. That rate of inaccuracy is pretty staggering.

Forget the numbers and data. There is another side to this and I'll use myself as an example. I would bet a large sum of money that I had the Rona, but as I mentioned, my test came back negative. That means no mandatory 14 day quarantine. No health department oversight. No quarantine for my family (although I isolated from them during the illness). I went for a bike ride 2 days ago. Was I spewing COVID out everywhere? I went to work. Did I expose others? Is the high percentage of false negatives potentially spreading the virus under a false sense of safety?
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They're telling people who test negative to quarantine and treating negatives in the hospital as if they're positive regardless of testing
 
Norm said:
Serious question. How does everyone in the country expect to get free money yet not have the economy further collapse given the current economic climate?
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Guberment is making it rain! (a non-political joke)

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Are they related? What cost is the country seeing reduced? We know the government is going to take an income hit with
less tax collected - there are going to be some serious shortages in cities that collect hotel and rental car tax

I do think that we'll go back to work-spend-tax or spend-tax-work, or whatever that strategy was - employment will come back,
as long as that happens, should be good???
 
The Governor of Slacktown said:
I would have been fine with this it was either withdraw or pay full rate
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its probably easier to stomach if the center is open - mine is closed and all staff laid off, owner being given 50% off rent during shutdown in a low rent (for NJ standards) area. I did the math and it came to somewhere around $9k per month while they are closed if everyone pays, which seems like a lot - like we're also paying owners' personal mortgage and other living expenses. I'm all for helping, but would rather help the laid off employees who probably need it much more. i mean - i paid it but wasn't happy about it
 
TimBay said:
I think your posts have been great and you're right in the fact that who makes the call of how to allocate these funds. It's kind of impossible. I'm glad we can communicate our varied opinions and ideas without getting angry or political. Being that She's a local painter, not blowing glass or creating massive sculptures her staff is very likely 0-1 people. What especially bothers me is that her political connections fast tracked her. She's not employing dozens of people and isn't in danger of losing her house or filing for bankruptcy. Her "business" provides nearly 0 benefit to her community. Bike N Gear and his staff are risking their health providing a service that has benefited hundreds of taxpayers diring this challenging time, but since he isn't politically connected, he might not get the same assistance.
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I hear ya, being connected should not make a difference. Unfortunately, it totally does. You’re 100% right on that.
 
The Governor of Slacktown said:
I'm really afraid they won't because who it goes to line the pockets of banks
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unused fsa goes to the employer. so this would be true if you worked for a bank
and it didn't wear yoga pants.

just seems like it would be good business at the government level to make a recommendation.
there must be some accounting thing to incentivise (sp?) it.
 
Patrick said:
unused fsa goes to the employer. so this would be true if you worked for a bank
and it didn't wear yoga pants.

just seems like it would be good business at the government level to make a recommendation.
there must be some accounting thing to incentivise (sp?) it.
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Not 100% related but my wife's company emailed and said non-prescription medications can now be submitted through FSA. We go through a lot in our house so this is a plus.
 
Patrick said:
We know the government is going to take an income hit with
less tax collected - there are going to be some serious shortages in cities that collect hotel and rental car tax
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Given that NJ's gas tax is reviewed yearly now and adjusted to meet the budget... if fewer people are traveling/commuting now and therefore using less gas, there's going to be a significant shortfall in the amount of gas tax collected this year vs. what was expected, so I'm wondering how much the tax will go up to make up for that. I have a feeling the answer is going to be "a lot." Of course, while the tax will be happily adjusted upward, I doubt it would ever be adjusted back down in the future if there was expected to be a surplus collected.
 
Norm said:
Serious question. How does everyone in the country expect to get free money yet not have the economy further collapse given the current economic climate?
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Introducing the quadrillion in order to measure public debt. How did you not think of that ? Weird!
 
Baseball

So they are going to quarantine a bunch of seriously high strung 20yo guys with too much $$$ for a few months and
tell them they can play baseball, but have no outside contact?
 
Mathers said:
By using it to pay my property taxes ??
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Essentially you're not using the money as the government wants you to. Mind you, this is the CORRECT way to use it (IMO, YMMV) but it does not stimulate the economy because it just, well, goes back to the government. Kind of ironic, isn't it Ren?
 
Norm said:
Essentially you're not using the money as the government wants you to. Mind you, this is the CORRECT way to use it (IMO, YMMV) but it does not stimulate the economy because it just, well, goes back to the government. Kind of ironic, isn't it Ren?
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Yeah it is but I’m not dropping $3400 on something although I’d like to when I can’t even get the unemployment I’m owed
 
Norm said:
Essentially you're not using the money as the government wants you to. Mind you, this is the CORRECT way to use it (IMO, YMMV) but it does not stimulate the economy because it just, well, goes back to the government. Kind of ironic, isn't it Ren?
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Two things they actually want
1. Put it in the stock market.
2. Blow it on dumb stuff

I will make a @Patrick prediction: 60% of people will do #2

I find it ironic that the people who don't have direct deposit on there tax return will get the money last. When they are likely the ones that actually need the money.
 
why hasn't NJ gone to self serve gas? they laid off the toll collectors...

I don't need to be exposed to dat guy.
 
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