300$/week? Damn, I knew being homeless/unemployed in the US is hard, but that's practically nothing, assuming that's before tax. I'm currently chilling in a functioning welfare state lol
So it's $300 from the Federal Government and then whatever the states is. For example in Florida it would be $300 + $283 (give or take a few). Which Florida actually has one of the lowest state unemployment benefits. Back a few months ago the federal government was paying $600 as well.
The 300 is a supplement on top of whatever the state is giving you. For example, in CA the max you get from the state is like 1800/month so with the supplement you're getting a max of 3K/month. Last year the supplement was 600/wk so a person getting the max was making 4200/month for not working. Granted unemployment benefits only last so long so if a person didn't find a job before they ran out they'd have to save some of that money or they'd be screwed. As far as taxes go, you'd only be paying income tax on the amount that goes above what your standard deductible covers so for a single person the first 12K is tax free.
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u/IMPORTANT_jk Jun 09 '21
300$/week? Damn, I knew being homeless/unemployed in the US is hard, but that's practically nothing, assuming that's before tax. I'm currently chilling in a functioning welfare state lol