Today’s episode breaks down the three main provisions of the just-passed CARES Act in terms of (1) additional unemployment benefits, (2) tax relief in the form of advance $1,200 “rebate” checks to taxpayers, and (3) the $500 billion “slush fund” for corporate giveaways. While there’s more in this 880-page monstrosity, we break down the key parts for you!
We begin, however, with some good news about the impending retirement of Ohio Rep., Trump-supporting lunatic, and soon-to-be-White House Chief of Staff Mark Meadows. Does this violate the Ineligibility Clause of the Constitution? YOU BETCHA. Is it #ClearAsKushner? YEP! And this time, does it matter? YES IT DOES!
After that it’s time for a full breakdown of the main components of the CARES Act, including how much money you’ll be getting and when, what the costs are, and what the provisions are that can come into play to prevent all of this from winding up in Jared Kushner’s pocket. You won’t want to miss it!
After all that, it’s time for a quick segment on IRS Form W-7, which allows you to pay your taxes if you’re a nonresident alien.
There’s so much right now! If you’re a Patron, you can submit your questions for next Tuesday’s LIVE Q&A scheduled for 3/31 at 8 pm Eastern / 5 pm Pacific, and you can also enjoy Andrew’s Lecture, “We’re All Gonna Die!” and the accompanying slides!
Andrew was just a guest on the Daily Beans Podcast, talking President Leahy. If you’d like to have either of us as a guest on your show, event, or in front of your group, please drop us an email at firstname.lastname@example.org.
Show Notes & Links
- On the Ineligibility Clause: check out Schlesinger v. Reservists Committee to Stop the War, 418 U.S. 208 (1974) (restricting taxpayer and citizen standing) and Metropolitan Washington Airports Authority et al. v. Citizens For The Abatement Of Aircraft Noise, Inc., et al., 501 U.S. 252 (1991) (invalidating Congressional action pursuant to the Ineligiblity Clause).
- You can read the final CARES ACT for yourself, all 880 pages of it!
- Please do fill out IRS Form W-7 if it applies to you.
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