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re: I don't grasp how families make it.

Posted on 11/18/19 at 8:02 pm to
Posted by Azkiger
Member since Nov 2016
27035 posts
Posted on 11/18/19 at 8:02 pm to
quote:

Probably 10-15% state and federal combined.


With 3 kids and standard deductions their federal is just .3%. Not three percent, three tenths of one percent.

That's less than 300 dollars.

Have you been reading the responses to your comments? Me and another poster have been trying to tell you this for quite a while.

Posted by auggie
Opelika, Alabama
Member since Aug 2013
30982 posts
Posted on 11/18/19 at 8:03 pm to
We have only 1 kid, but our household budget is way below 4,000 per month, and I'm not really frugal at all IMO. We don't have car payments, so that helps a lot.

One big difference that I have noticed about my spending habits, compared to my friends and relatives: I will spend money on a firearm, or a guitar at the drop of a hat and not even think about it, but, I rarely spend money on small items that I see my friends buying all of the time. Stuff like a new phone charger, a little flashlight all kinds gadgets that they happen to notice at the convenience store or whatever. I don't even notice that stuff.

This morning, my cousin and I went in Mapco to get coffee. He started looking at stuff they had for sale, and before we got back to the truck, he had spent 20 bucks or more. New cap and some kind of USB wire that he thought he needed for something + our coffee. I was going to buy the coffee, but it seemed like he had plenty of money to throw away, so I let him pay for it.
Posted by Azkiger
Member since Nov 2016
27035 posts
Posted on 11/18/19 at 8:03 pm to
quote:

Many things were broken long before Obamacare.


And I'm talking about how things are after Obamacare, after the Obama admin's endzone dance, after the media gave him oral for months on national TV.

You mean to tell me after all that, not only is it still broke but its also still the GOP's fault?
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29311 posts
Posted on 11/18/19 at 8:08 pm to
quote:

And I'm talking about how things are after Obamacare, after the Obama admin's endzone dance, after the media gave him oral for months on national TV.

You mean to tell me after all that, not only is it still broke but its also still the GOP's fault?


The GOP is still largely to blame for the past and present, absolutely. What kind of logical fallacy is this? Just because Obama was a disaster that undoes everything Republicans have done? No.

But your kind of sheltered and delusional thinking is what will bring us socialized medicine. The incapability of admitting that Republicans have defended a corporatist system by labeling it as capitalist is going to frick everything up. It seems you've fallen for the lies. What's worse is that they don't have the fortitude to undo the corporatist abomination if it hurts someone's bottom line, and this will most assuredly bring us socialized medicine. So yes. The GOP is to blame. Get over it.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53152 posts
Posted on 11/18/19 at 8:08 pm to
quote:

Have you been reading the responses to your comments? Me and another poster have been trying to tell you this for quite a while.

I read them. This was mostly in response to the comment about them bringing home $6600/month. Federal tax rates aside I guarantee it's nowhere close to that.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53152 posts
Posted on 11/18/19 at 8:12 pm to
quote:

We have only 1 kid, but our household budget is way below 4,000 per month, and I'm not really frugal at all IMO. We don't have car payments, so that helps a lot.

You can find a way to make it work man. My wife and I didn't make a lot of money when we first got married and we had 2 kids. We are both 20 years into our careers now and don't really have near the financial constraints that we once did.
Posted by BHS78
Member since May 2017
3490 posts
Posted on 11/18/19 at 8:12 pm to
Too many toys. Look at the people crying about barely making it and you will see boats, 4-wheelers, the latest phones or other crap that they waste their money buying.
Posted by Azkiger
Member since Nov 2016
27035 posts
Posted on 11/18/19 at 8:23 pm to
quote:

Federal tax rates aside I guarantee it's nowhere close to that.


Considering you had no idea they effectively paid zero federal income tax, I wouldn't put much weight into your guarantee.

They're pulling in north of 6k, no idea where you got $4,600 or $4,700.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11889 posts
Posted on 11/18/19 at 8:29 pm to
You're opinion is a joke. Incrementalism had always been pushed by the left in healthcare. That is how we have our system. S combination of good intentions and destructive economic ramifications for having them. The corporatists party is all of Washington don't kid yourself. You sound like a moron blaming one side.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53152 posts
Posted on 11/18/19 at 8:30 pm to
quote:

Considering you had no idea they effectively paid zero federal income tax, I wouldn't put much weight into your guarantee.

They're pulling in north of 6k, no idea where you got $4,600 or $4,700.

OK buddy, you are correct. I actually have had a household income around 70k and been married with 2 kids once upon a time. I'm sure old baw's check is $1538 every two weeks and his net is $1500 because his federal and state taxes are all of his deductions
Posted by Azkiger
Member since Nov 2016
27035 posts
Posted on 11/18/19 at 8:33 pm to
quote:

I actually have had a household income around 70k and been married with 2 kids once upon a time.


Was once upon a time in 2019? After Trump doubled the standard deductions and shifted the tax rates around?

Because that's when this thread, and the discussion about a family having a hard time making it on 80k with 3 kids, is taking place.
This post was edited on 11/18/19 at 8:34 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53152 posts
Posted on 11/18/19 at 8:48 pm to
quote:

Was once upon a time in 2019? After Trump doubled the standard deductions and shifted the tax rates around?

And they are paying ss, Medicare, probably $400-500+/month for health insurance (if their employer covers some), dental, life, 401k. I guarantee you that family has sub 5k left to live on.

Not trying to be an a-hole to you. That's just based on my experience.
Posted by auggie
Opelika, Alabama
Member since Aug 2013
30982 posts
Posted on 11/18/19 at 8:52 pm to
What I mean is, we don't need to spend that much.
Money really isn't a problem for us these days, we do OK.
What I was trying to point out was about the difference in spending habits.
My cousin and his wife are constantly having money problems, while our incomes are pretty comparable I think.
People don't seem to realize how much those small things cost.
Posted by Blizzard of Chizz
Member since Apr 2012
20718 posts
Posted on 11/18/19 at 8:53 pm to
How much money does sister flush down the toilet each month in car and insurance payments? Maybe it’s not an income problem but instead they are car poor
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53152 posts
Posted on 11/18/19 at 8:54 pm to
Good for you man. Living well within your means is always the way to go. My wife and I are fortunate enough to make a pretty good living but we still live on a budget and could rein our spending way in if it ever became necessary.
Posted by White Bear
Deer-Thirty
Member since Jul 2014
17277 posts
Posted on 11/18/19 at 9:02 pm to
quote:

Crock of absolute shite. My grocery bill is about the same it has been for years. Slightly and i do mean slightly higher. Don't try to make a point and then load your point with pure bull shite. Groceries have not gone up 30 to 50%. Nope.
IDK about percentage changes and prices usually won’t change too much but packaging has gotten smaller with no price decrease so your dollar buys less. I’ve noticed a material increase in what i spend vs. what’s in the buggy volume wise (decrease), and our tastes haven’t changed.
This post was edited on 11/18/19 at 9:04 pm
Posted by Norbert
Member since Oct 2018
3599 posts
Posted on 11/18/19 at 9:31 pm to
Maybe the true patriots are those who ensure that they themselves are economically stable and then decide not to reproduce, in a heroic effort to speed up the collapse of this failing social experiment we are currently living in.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 11/18/19 at 9:38 pm to
quote:

the absent rise in wages to match is fricking the middle class.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53152 posts
Posted on 11/18/19 at 9:40 pm to
quote:

Maybe the true patriots are those who ensure that they themselves are economically stable and then decide not to reproduce, in a heroic effort to speed up the collapse of this failing social experiment we are currently living in.

I don't know about patriots. This could all be reversed if we would just stop subsidizing breeding but we won't because we are scared to be called names.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/18/19 at 9:41 pm to
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