View Single Post
Old 06-17-2008, 03:02 PM   #151
onlydarksets
Playmaker
 
onlydarksets's Avatar
 
Join Date: Nov 2004
Location: all up in your business
Posts: 2,693
Re: Taxing the rich - what is the cutoff?

Quote:
Originally Posted by Schneed10 View Post
You're way biased on this one though. There are very few couples with 3 kids requiring daycare who also make $250K, mainly because people who make $250K are in their 40s or higher. If all 3 kids do require some form of care, it would be of the after-care variety for at least one (if not two) of the kids, which is a fraction of full daycare costs. I maintain that your daycare cost has to come out of the equation. Is there a scenario where someone could have 3 kids who were born back to back to back, ages 3, 2, and 1, all requiring full daycare? And at the same time owing $200K in student loans? I guess so, but it's so friggin rare and not worth discussing from a political standpoint.

Student loans are an issue in this budget, I'll grant you that. But I can find room for those. Drive a $20,000 car and a $20,000 minivan instead. Cut your grocery bill back by $200 a month by buying chicken instead of steak. Don't spend so much on Christmas. Do the yardwork your damn self. And cut your $400 a month in entertainment down by half.
Daycare is 3 mos-6 years, not 1-3 years. Even so, I addressed that:
Quote:
Originally Posted by onlydarksets View Post
You can even remove one of the kids, and it doesn't get you down to break even.
Look, you setup a budget for one demographic and applied it across the entire tax bracket. You've made assumptions about the average age, education level, debt, parenting age, and child age that are not as universal as they once were. Pointing that out is not bias - it's informing the discussion.

And where did I ever say that you could not live comfortably on $250k?
__________________
Stop reading my signature.
onlydarksets is offline   Reply With Quote

Advertisements
 
Page generated in 1.30358 seconds with 10 queries