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Old 12-08-2012, 10:52 AM
 
Location: Southcentral Kansas
44,882 posts, read 33,268,118 times
Reputation: 4269

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That is nearly as much as mom and me get from all our retirement funds. There is not a chance we could get that money though since both of us is on Social Security. Oh to be a few years younger.

Could Your Family Live on $61,320 Per Year Tax Free?
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Old 12-08-2012, 11:11 AM
 
8,391 posts, read 6,296,863 times
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Quote:
Originally Posted by roysoldboy View Post
That is nearly as much as mom and me get from all our retirement funds. There is not a chance we could get that money though since both of us is on Social Security. Oh to be a few years younger.

Could Your Family Live on $61,320 Per Year Tax Free?
Conservatives are sick in the head to believe this nonsense.

They are counting PELL grants, public works spending, Head Start, child support enforcement, the Child Tax Credit, Foster Care assistance, housing for old people, and Earned Income Tax Credit all as welfare.

It is a distortion of the language. What is wrong with conservatives that are counting the earned income tax credit which is FOR working families as welfare?

They are counting child support enforcement as welfare. The child tax credit as welfare. Foster care as welfare. These are huge lies.

Last edited by Ibginnie; 12-08-2012 at 10:48 PM.. Reason: bypassing the profanity filter
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Old 12-08-2012, 11:37 AM
 
4,684 posts, read 4,573,520 times
Reputation: 1588
Following the link in the OP's link (to the Weekly Standard), I find a definition:

Quote:
The universe of means-tested welfare spending refers to programs that provide low-income assistance in the form of direct or indirect financial support...For fiscal year 2011, CRS identified roughly 80 overlapping federal means-tested welfare programs...The total amount spent on these federal programs, when taken together with approximately $280 billion in state contributions, amounted to roughly $1 trillion.
So this includes all administrative costs relating to these 80 programs. Obviously, what needs to happen here is to drastically increase the efficiency of these programs to reduce the administrative overhead. That would free up, let's say, $20,000 of the $60,000 per poverty-level family, allowing the government to raise the poverty level proportionately by a third, and include far more people in means-tested programs. This in turn will have a knock-on effect, allowing the expansion of federal domestic spending on families who by current definitions are well above the FPL.

With just a reasonable degree of greater efficiency, the "taker" population could be extended well into what we now consider the middle class, thereby guaranteeing Democratic majorities for ever and ever, amen! Bloody brilliant!! Thanks for the tip, Roy - if you ever feel like being an ambassador, let us know.
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Old 12-08-2012, 12:28 PM
 
Location: Great State of Texas
86,052 posts, read 84,481,831 times
Reputation: 27720
Quote:
Originally Posted by squarian View Post
Following the link in the OP's link (to the Weekly Standard), I find a definition:

So this includes all administrative costs relating to these 80 programs. Obviously, what needs to happen here is to drastically increase the efficiency of these programs to reduce the administrative overhead. That would free up, let's say, $20,000 of the $60,000 per poverty-level family, allowing the government to raise the poverty level proportionately by a third, and include far more people in means-tested programs. This in turn will have a knock-on effect, allowing the expansion of federal domestic spending on families who by current definitions are well above the FPL.

With just a reasonable degree of greater efficiency, the "taker" population could be extended well into what we now consider the middle class, thereby guaranteeing Democratic majorities for ever and ever, amen! Bloody brilliant!! Thanks for the tip, Roy - if you ever feel like being an ambassador, let us know.
But that's calling for smaller government. Isn't that RWNJ rhetoric ?
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Old 12-08-2012, 01:22 PM
 
Location: North Carolina
2,072 posts, read 1,756,162 times
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Easily live off of that.
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Old 12-08-2012, 04:47 PM
 
8,263 posts, read 12,198,208 times
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Easily live off that too.
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Old 12-08-2012, 09:05 PM
 
32,068 posts, read 15,062,274 times
Reputation: 13686
Quote:
Originally Posted by roysoldboy View Post
That is nearly as much as mom and me get from all our retirement funds. There is not a chance we could get that money though since both of us is on Social Security. Oh to be a few years younger.

Could Your Family Live on $61,320 Per Year Tax Free?

It all depends on the area you live in. No way a family in NYC could live on that income. It would be a stretch where I live too.
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Old 12-08-2012, 09:09 PM
 
Location: #
9,598 posts, read 16,566,362 times
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Quote:
Originally Posted by natalie469 View Post
It all depends on the area you live in. No way a family in NYC could live on that income. It would be a stretch where I live too.
Really?

Last I checked, Manhattan wasn't the only borough.
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Old 12-08-2012, 10:29 PM
 
32,068 posts, read 15,062,274 times
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Quote:
Originally Posted by crbcrbrgv View Post
Really?

Last I checked, Manhattan wasn't the only borough.

Yes really. I was talking about where you live not where you could live. A family with that income cannot live in the city.
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Old 12-09-2012, 07:09 AM
 
8,263 posts, read 12,198,208 times
Reputation: 4801
You can't possibly be ready to defend the claim the it is impossible to live in NYC on 61k tax free.

That is pretty much the equivalent of about 75k taxable, and I submit there are quite a few families living in NYC on less than that. Might not be in a fancy 3BR in the West Village and eating out at Lugers, but it isn't "impossible" by any means.
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