Ice Cube Weighs in With His Own Stimulus Plan, and Fans Quickly Got on Board
06/28/2020 09:53 pm EDT
The Treasury Department has refused to release a list of recipients of the program, but independent studies have shown that minority-owned businesses have struggled to receive funding. An Arensmeyer survey found that 63% of Black and Latino small business owners received financing, but three in 10 did not get the amount they asked for.
Ice Cube has not given further details on his idea of skipping taxes. The IRS has postponed Tax Day 2020 already due to the coronavirus pandemic, but they are due on July 15. Taxpayers will have to pay their 2019 taxes or 2020 estimated taxes originally due in April by then. You can file for an extension using forms available at IRS.gov.
There has been talk of another coronavirus stimulus package passing in Washington, although the window is closing. House Democrats passed the HEROES Act, which includes a second stimulus check, but that is not likely to pass the Senate. The Senate has a two-week July 4 recess coming up, then starts an August recess on Aug. 8. Sen. John Thune said earlier this month that Senate Majority Leader Mitch McConnell was looking at a "July time frame" to consider the next bill.
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