Comic Discussion > QUESTIONABLE CONTENT
WCDT strips 4311-4315 (20-25 July 2020)
awkwardness:
--- Quote from: Tova on 19 Jul 2020, 18:38 ---And for the first comic of the week....
Yes, I remember cheques. I also remember how odd it was to watch people in the US paying for groceries using cheques. Um, checks.
--- End quote ---
I bet one Loonie that the person paying with a check was an older woman...they were the last stalwarts using checks and the majority of them was due to their banks not offering ATM cards at the time. By the very late 90s the usage was all but ended*
*own shopping experiences and retail family with two sisters who manned registers hours at a time during this transition period
awkwardness:
--- Quote from: Tova on 19 Jul 2020, 19:27 ---Hang on sec.
Scanning a cheque that you've just received makes some kind of sense to me, because yes, it saves you carting it off to a bank branch.
It's writing a cheque and then immediately scanning it that I'm finding confusing.
Edit: Do people use PayID in the US?
--- End quote ---
It's simple: it's going from one bank account into a different bank account. there's a strong possibility that someone uses two banks for their accounts, or has one that's a personal account and one that's a joint account. It's not at all odd, I've seen it myself with my cousin doing it with money from her savings account into her husband's savings account
BenRG:
--- Quote from: St.Clair on 19 Jul 2020, 23:21 ---and after Beeps goes to the bank, she can drop by the Horrible Revelation and get a sarsparilla while a boy with a small wood box shines her shoes.
--- End quote ---
I think that this would make Beepatrice feel guilty. "No, I can do that for you, son!" is a phrase I'd expect to hear. :wink:
awkwardness:
--- Quote from: Tova on 19 Jul 2020, 23:28 ---
--- Quote from: BenRG on 19 Jul 2020, 23:15 ---
--- Quote from: Tova on 19 Jul 2020, 22:35 ---I am not an expert, so this will require confirmation, but I believe that nothing at all would happen with your taxes unless you are quite wealthy and generous. You can give gifts up to a threshold tax free.
--- End quote ---
I think that they were referring to the fact that, in the US, significant charitable donation is rewarded with tax credits.
--- End quote ---
Oh. Right. So... probably... the same answer? Nothing at all unless you are quite wealthy and/or generous? I mean, is that relevant to a high school student donating to a friend, I dunno.
--- End quote ---
The threshold is $15,000 to a single person...pretty much the vast majorty aren't required to report it due to being nowhere near the limit. But if you're giving them your vintage car or antique guitar collection you'd be slapped with a tax on it.
Tova:
--- Quote from: awkwardness on 19 Jul 2020, 23:38 ---It's simple: it's going from one bank account into a different bank account.
--- End quote ---
I do get the whole concept of transferring money from one bank account to another.
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