Quote:
Originally Posted by gnu
These people are not at the poverty level. My wife and I never made over $40,00 a year, raised my two stepsons, payed child support for my two sons, payed off our mortgage at 49 years old and have bought a new car this year, and pay taxes. We did it with hard work, being frugal and buying what we needed, not what we wanted.
It's not how much one makes, but how one manages their money. People that have to have it all and have it now, like so many in our country, cry about what they don't have but overlook what they do have.
Maybe one couldn't live for $40K in Chicago, but in this country one is free to pursue their dream anywhere. There is no Constitutional right to have the income of our choice, live where one can't afford, afford what one doesn't earn. You get out of life what you put into it. Freedom of OPPORTUNITY is what we have, NOT rights of result. Just because people for whatever the reason, lack effort, intelligence, abilities, don't have what others have, gives them no right to live off of the taxes of others.
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GNU...with all due respect...
If one followed the link then this should have caught your attention:
The vast majority of households making up to $30,000 fall into the category, as do nearly half of all households making between $30,000 and $40,000. So the vast majority of the 47% make less than $30,000.
The Earned Income Tax Credit is supposed to offset Payroll Taxes for low wage workers. The maximum tax credit for 2008 for a household with 3 children is $5657. The poverty level by federal guidelines for a family of 4 is $21,200 in the 48 state Hawaii and Alaska are higher. Chicago is not called out. Currently 16% of the population is at the poverty level or below.
For a family living at the poverty level I could image it might be hard to call the moving company due to lack of funds. 4 years ago 2 Men and a Truck, the lost cost guys, moved my household across town. The bill was $2000.00.
Here is a link on the Earned Income Tax Credit:
http://en.wikipedia.org/wiki/Earned_income_tax_credit
The poverty numbers come from the Census.
http://en.wikipedia.org/wiki/Earned_income_tax_credit