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"Karl" <[EMAIL PROTECTED]> wrote in message news:[EMAIL PROTECTED] > > > > Let's do the math, OK. > > > > First, at $27K, little if anything will go to taxes plus there is the > > earned income tax credit and even the potential for the head of > > household tax credit, the childcare tax credit and a series of other > > tax credits. > > > > Regardless - it's $2,250 per month after tax. > > > > Rent - well, interesting. I picked a small-middle sized city in the > > midewest - Peoria. For 70K you can BUY a 3 bedroom house. For $400 > > per month you can rent a 2 bedroom apartment. > > > > Utilities - minimalistic phone, no cable, water is free in the rent, > > leaves electric and gas. $100 a month. > > > > Food - a typical balanced meal cooked at home per person is about > > $2.50 - assume hot lunches at school for the kids. Daily cost for the > > family, $20 - that's $140 per week. Add in one Chuckie Cheese at $25 > > and you get a monthly cost of about $700. > > > > There is $1000 left for the car and insurance, clothing, health care, > > and entertainment. > > You know JS you can live on next to nothing. It's surprising what > a person wastes money on it's true. But your 'example' really is laughable. > > Rent at $400? Yeah there's always the projects. Want NOT to take your life > in your hands you might want a decent place to live. I don't see many > palces for > $400 around me. Certainly not if you have kids. > Next JS will tell you you can live in the street in a cardboard box for even less. After all, he does.
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