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Old 03-24-2009, 10:49 AM   #1
lookout123
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Incidentally, that same family earning $249,000 pays $51,086 to the feds.
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Old 03-24-2009, 06:46 PM   #2
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Incidentally, that same family earning $249,000 pays $51,086 to the feds.
Good.
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Old 03-24-2009, 05:24 PM   #3
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I didn't input any information other than what I posted. the results are consistent with what I saw while working a project with some CPA's last year.
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Old 03-24-2009, 05:53 PM   #4
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@ 72,000 I do believe the normal tax would be nearer to $5000 for a family of four.
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Old 03-24-2009, 06:03 PM   #5
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Then it's on H&R Blocks head, not mine. I entered the same family of 4. W-2 income. $1500 property tax, $15,000 mortgage interest, and $500 charitable giving in each scenario.
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Old 03-24-2009, 06:07 PM   #6
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That mortage interest is really high...3X what we pay.
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Old 03-24-2009, 06:27 PM   #7
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6% on $250,000 = $15,000
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Old 03-24-2009, 06:30 PM   #8
Pico and ME
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Whats the monthly on a mortgage like that? $200O? That would really cut into the take home pay when you only earn $72000 a year.

I guess we just like to live within our means.
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Old 03-25-2009, 02:31 PM   #9
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Whats the monthly on a mortgage like that? $200O? That would really cut into the take home pay when you only earn $72000 a year.
FWIW - thats pretty common hereabouts too. Personally, I have neighbors that are doing that on combined incomes under 100k many less than 70k.

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I guess we just like to live within our means.
You rebels you! ...
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Old 03-25-2009, 07:37 PM   #10
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FWIW - thats pretty common hereabouts too. Personally, I have neighbors that are doing that on combined incomes under 100k many less than 70k.



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That is what ours is, a little higher but close.
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Old 03-24-2009, 06:36 PM   #11
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Lol. You won't find many people in Arizona and probably none in California who have a mortgage of less than $250,000.
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Old 03-25-2009, 07:38 PM   #12
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Lol. You won't find many people in Arizona and probably none in California who have a mortgage of less than $250,000.
They pay 500k in a lot of places in Calif for a cardboard box. Another good reason to live in the SE.
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Old 03-25-2009, 01:12 PM   #13
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Originally Posted by sugarpop
IF you need a certain treatment, you should be able to get it. It's wrong that insurance companies (or the government) would withhold a treatment that could save a life or make a life more productive and better.
[trolling]Why should we be providing any treatment to anyone? I thought you were in favor of "Natural selection and all of that." If people have a disease, maybe they're supposed to die.[/trolling]
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Old 03-26-2009, 06:08 PM   #14
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[trolling]Why should we be providing any treatment to anyone? I thought you were in favor of "Natural selection and all of that." If people have a disease, maybe they're supposed to die.[/trolling]
urdoinitrong
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Old 03-26-2009, 07:26 PM   #15
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[trolling]Why should we be providing any treatment to anyone? I thought you were in favor of "Natural selection and all of that." If people have a disease, maybe they're supposed to die.[/trolling]
heh. I am, but since we have medicine, why should only people with means have access to it? Natural selection would apply to everyone, the way I think of it. That means even rich people wouldn't have access to any treatment they couldn't do themselves.
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