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A Question About Obama's Stimulus Package

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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-08-08 08:08 AM
Original message
A Question About Obama's Stimulus Package
Edited on Sat Nov-08-08 08:11 AM by louis c
I represent about 200 workers at a racetrack. Half will be laid off today for about 6 months because of the seasonal nature of our business.

My question is this. I know that there is an extension of benefits. That will affect only a small number. However, I heard talk during the campaign that unemployment benefits would be exempt from federal taxes. Currently unemployment benefits are taxed as income. Will this change to reduce the taxes on my members?
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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-08-08 08:46 AM
Response to Original message
1. Kick for a reply
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-08-08 09:01 AM
Response to Original message
2. If nobody answers you, call Thom Hartman on Monday and ask.
Edited on Sat Nov-08-08 09:02 AM by IanDB1
He knows everything.




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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-09-08 08:13 AM
Response to Reply #2
3. Who is Thom Hartman and how do I reach him?
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-09-08 08:46 AM
Response to Reply #3
5. The Thom Hartman Show
www.thomhartmann.com
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dems_rightnow Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-09-08 08:33 AM
Response to Original message
4. I'm not aware
of a proposal to make unemployment exempt from taxation.

It could happen, but it's VERY unlikely to affect 2008 anyway.
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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-09-08 06:22 PM
Response to Reply #4
6. Most of my members
will be laid off in 2009. January to April.
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