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vthokieq

Joined: 10/13/1999 Posts: 74963
Likes: 17053

What's this?

Wouldn't bet on it.


If they were determined to do means testing the limit should've been much higher. At least $500K/individual maybe...$1M/joint. You could at least argue at that amount in last year or two people should have some sort of cash liquidity saved up.

Absolute no way for those geniuses to implement cost of living factors into it though, would've been a nightmare.

(In response to this post by Diehard Hokie)

Posted: 03/25/2020 at 10:51AM


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Current Thread:
 
  I don’t get these federal limits for federal charity -- WestyHokie 03/25/2020 10:08AM
  Unless I end up losing my job, I don't want any free money from the feds ** -- Apex-Hokie 03/25/2020 12:08PM
  No time to do a detailed needs based assessment ** -- BleedinOandM 03/25/2020 11:33AM
  Heck with needs based, just set it at 500k -- WestyHokie 03/25/2020 3:55PM
  That discussion would get way too political, and delay folks getting $$$. -- Hokie360 03/25/2020 11:27AM
  Its being done wrong, IMHO -- Beerman 03/25/2020 11:16AM
  That makes way too much sense! ** -- Diehard Hokie 03/25/2020 11:24AM
  Agreed... -- Diehard Hokie 03/25/2020 10:44AM
  Wouldn't bet on it. -- vthokieq 03/25/2020 10:51AM
  $1 million???? -- BigDave 03/25/2020 11:14AM
  Deciding limit based on % of wealth distribution might be too illuminating -- Synaesthesia 03/25/2020 10:42AM
  And many are currently at zero- last year as a reference point is ? ** -- bigbadbird 03/25/2020 10:21AM
  Or two years ago if you haven't yet filed this year. ** -- vthokieq 03/25/2020 10:22AM
  Optics and politics. -- vthokieq 03/25/2020 10:18AM
  Agree, $150K/year in NYC is probably < $75K in many rural towns ** -- TabbHokie 03/25/2020 10:17AM

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