One of the US states hit hardest by high taxes and the effects of inflation has found a new pile of money to give away to 23 million people in the form of inflation relief checks. Notwithstanding the tax policy implications of states bleeding residents dry and then “finding” money to give them to mitigate …
For a lucky few, new relief checks are going out again in a matter of days. The lucky few, being residents of the state of Maine — and the individual checks totaling $850 ($1,700, for households). The money is going out as soon as June 1, thanks to Gov. Janet Mills signing a $1.2 billion …
At the beginning of this year, it certainly looked like stimulus checks were going to be a thing of the past. A US Senator (Joe Manchin) had just signaled his opposition to continuing President Biden’s child tax credit checks, and that was that. Since then, however, states have taken up the mantle themselves, with one …
The IRS, as we all know, stopped sending out monthly child tax credit checks back in December. But that doesn’t mean the tax agency has stopped sending out stimulus money completely. Or that no more child tax credit benefits can be claimed. On the contrary, the IRS in recent days published a new announcement along …
Americans across the country are set to get another round of free money soon, in the form of everything from tax rebates to stimulus checks, gas cards, and more. The giveaways and handouts, almost exclusively from state governments, come as US inflation remains stubbornly high — although, that said, the month of April did see …
It’s one of the politician’s oldest tricks in the book. But it still works, because it’s so effective. One of the best ways to accrue goodwill from voters? Throw money at them, in the form of everything from stimulus checks to tax rebate payments. Congress is too gridlocked at the moment to move forward with …
A new book from two New York Times reports, titled This Will Not Pass, offers an abundance of newly reported detail about the 2020 presidential election and the first year of the Biden administration. That means lots of fascinating detail and behind-the-scenes insight about milestones like, among other things, the passage of the $1.9 trillion …
States around the US are still finding creative ways to give their residents a new stimulus check, at a time when such payments will remain a state and local phenomenon for the foreseeable future. The newest example is the state of Maryland, which is launching a program to help low-income households with water bills. It’s …
Stimulus payments are flowing again — in one corner of the US, at least. Maine is the latest US state to offer a new relief check to its residents. Since, remember, the federal checks dried up when support for them collapsed in Congress at the end of 2021. That’s led to a localized phenomenon, whereby …
We’ve made the point on a number of occasions now that when and whether anyone gets a new stimulus check is largely a function of luck. And, correspondingly, that person’s luck is a function of geography — more specifically, where they happen to live. Whereas the federal stimulus checks, including 2021’s six monthly child tax …
