80% of recalled cast came back.
It definitely seems from a reservation standpoint that restaurants aren't operating at 100%.
They’re not. And the company is certainly not pleased. They are well-aware that they’re turning away money.
Do you realize how big of a hole
I think it was a fair assumption that demand and labor force participation would come back roughly in line with one another. Federal cash has delayed the return of the workforce and caused fits and starts in the return of demand.
Are you talking about the extra federal unemployment benefits? Because that ended in Florida 2 months ago.
All of it. Extra unemployment benefits, PPP, direct stimulus payments, enhanced child tax credit, etc.
A bad assumption. If the Bobs think people would “wait for Disney”…they never really understood what it’s like to work for Disney in orlando. Which is safe to say they don’t.
All gone in practical terms for who we’re talking about. The child tax credit (as I ubderstand it)…is just a tax loan kinda scheme.
My understanding is it is an expansion of the previous $2000 tax credit to $3000 (or $3600 for under children under 6) and that the IRS sends the payment monthly vs needing to claim at the end of the year on your taxes. You can also opt out if you want to get it all as a lump payment with your tax return as was done previously.
Yes…what I mean is that those checks increase the tax burden if you take them on 4/15
That's not my point. I'm not saying they expected to get 100% of their CMs back, I'm saying they expected to get something like 80% of their CMs back (they did) while being able to hire the remaining 20% (they haven't).
That is not correct. The old child tax credit of $2,000 per kid is still intact. The monthly payments that people are getting is new money on top of that. They're not advance payments of the $2,000.
I’m pretty super thats incorrect. My understanding is that the previous $2000 child tax credit was replaced by the the new $3000/$3600 credit. And half of that credit is being paid in advance monthly for the last six months of 2021
Correct. And it doesn't need to be paid back unless your AGI for 2021 is above the threshold.
Yes, I was attempting to simplify but I guess I made it more complicated.
At my income it’s just a prepayment, no extra money at all. At many incomes there is extra money.
I thought people above the phase-out threshold didn't get the payment at all.
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