Huffpost San Francisco: Why billionaires received pandemic stimulus checks? DID BILLIONAIRES REALLY NEED STIMULUS CHECKS?

Huffpost San Francisco: Why billionaires received pandemic stimulus checks? DID BILLIONAIRES REALLY NEED STIMULUS CHECKS?

Ira Rennert, worth $3.7 billion according to Forbes, did not appear to need the stimulus check offered by Congress as emergency assistance to Americans during the coronavirus pandemic. But because the eligibility was based on income on tax returns, some billionaires and ultra-wealthy people received the taxpayer-funded assistance — just because of the way the tax system is set up.