New Stimulus proposal is on the table to introduce a $12/hr BONUS to Essential Workers (Hospital Workers, Grocery Store Clerks, transportation business, food industry) This new stimulus proposal is called "Patriot Pay Act" proposed by a senator. This bonus would essentially provide an income bonus to all essential workers making up to $90,000 a year. FULl Stimulus Text Here: https://www.romney.senate.gov/sites/default/files/2020-05/Patriot%20Pay_one%20pager_final.pdf The Stimulus bonus would provide a bonus of up to $12/hr to all essential workers. The Stimulus would provide a 75% tax credit to the employers to encourage a bonus and a raise to the essential workers. For example, if the employer provides a $12/hr additional bonus to an existing worker, the Federal Government would foot the bill for the $9/hr portion and the employer would need to foot the $3/hr portion of the raise. The tax credit, as part of the new stimulus, is to give out to the employers fairly quickly instead of waiting until the end of the tax year. The proposal refers to using the existing infrastructure of the IRS and online payroll companies to issue out the tax credit that'll be used to pay the employees. I'm a big fan of this new stimulus proposal as it supports our frontline workers with a bonus wage during the Coronavirus pandemic. 😃 Thanks for Subscribing & Liking our Video! The Kwak Brothers are millennial real estate investors who have acquired over 82 Units of Rental Units and have raised over $20,000,000 of capital for their real estate deals. They are based out of the Chicago-land area and they are dedicated to helping hard-working people become financially free real estate investor! They specialize in owner financing acquisition and raising capital. They are the creator of the FORCE Strategy (Find the deal, Owner Finance It, Raise the Capital, Cashflow It, and Expand your Financial Freedom) 📧 Get Our 1:1 Real Estate Investing Coaching and Mentoring: https://thekwakbrothers.com/thekwakbrothers 💻 GET OUR FREE COURSES, FORUM, AND EVENTS: https://www.cashflowcolony.com ⌨️ FREE 7 Day Trial To PropStream Real Estate Investing Software: http://reisoftware.thekwakbrothers.com 📊 GET OUR FREE HELOC STRATEGY CALCULATOR & EBOOK: https://bit.ly/2WZUPpm 📋 SIGN UP FOR OUR FREE OWNER FINANCING COURSE: https://freeownerfinancingcourse.com 💻 JOIN OUR FREE FACEBOOK GROUP FOR LANDLORDS & PASSIVE INCOME: https://www.facebook.com/groups/bestreigroup 🔊 Our Podcast Channels: 📻First Deal Experience: 🔹Spotify: https://open.spotify.com/show/7pnHJSNl7vPVFzq69IzC6B 🔹iTunes: https://podcasts.apple.com/us/podcast/first-deal-experience/id1282240923 📻Landlording Automated: 🔹Spotify: https://open.spotify.com/show/1LTAeRg2ZAT1ATI1mdtWM0 🔹iTunes: https://podcasts.apple.com/us/podcast/landlording-automated-podcast/id1504548975 GET SOCIAL WITH US: 📣Facebook: https://www.facebook.com/thekwakbrothers/ 📣Instagram: https://www.instagram.com/thekwakbrothers/ 📧 Hire the Kwak Brothers to Speak: info@thekwakbrothers.com #stimuluscheck #stimulus #newstimulus ======================== ---DISCLAIMER--- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.