Care4all
Warrior Princess
- Mar 24, 2007
- 73,625
- 28,635
She and my father in law, NEVER EVER got to see that money that their house was worth...it was their home, they lived there and could not afford to buy another home, which would have used their home's new value.... they were not wise to the market or borrowing on their own home...they were so grateful it was paid off and did not have a mortgage payment anymore because their property taxes kept getting higher and higher....Again, you just made My point......Yeah, they bought it for six grand in '62....a lot of money back then..That's not true Darkwind, on property taxes.... the poor just buy cheaper homes, it is less than paying rent....You just made the case for abolishing federal income taxes...That's simply not true...the poor do pay Federal taxes and State taxes....they pay ciggie taxes, liquor taxes, sales taxes, gasoline taxes, if they own a home property taxes, and medicare taxes and social security taxes and buy the most lottery tickets which is also money going to the State... gvt fees etc etc etc....they may not pay an income tax but they MOST CERTAINLY pay taxes that pay the bills....no one gets away with zero...at least not for any length of time.... two things guaranteed in life, even for the poor...taxes, and death.The poor don't pay taxes that's the truth.For some reason people think that when the taxes are lowered for the rich it doesnt affect the other groups. Or they KNOW that the middle and lower class gets hit with the missing taxes and tell stories about how everything spending should be lowered.
When spending isnt lowered they still support lower taxes on the rich and say how spending SHOULDVE been lowered. But dont raise those taxes....on the rich. Let the poor and middle pay for it because...
If you taxed the rich their share (WHATS A FAIR SHARE DERP!) the taxes would be lowered on the middle class to adjust, right?
We already pay enough taxes without the fed income tax....
BTW....if you own property, you are not poor by definition....unless you sell said property to pay for whatever vice they have.
My husband comes from a family with very humble beginnings....they were extremely poor, but they bought their home for $6000 in 1962, made every payment for 25 years, till they finally owned it outright.... it was a very small 3 bedroom/1 bath, with mom and dad and 5 children along with another homeless child that they took in....trust me, they were poor....but they did not know they were poor....they just were grateful for every little bit they had.... when my mother in law passed away a few years back, her home was appraised at $250k....she and Matt's father were never middle class, always poor...who would have thought that tiny home was worth so much after 45 years?
But it was worth 250 grand when appraised.
One is never poor when they have a quarter million dollars in assets.
Look, we were poor when I was growing up too.....I started out with nothing and have a great deal of it left to this day! hehe
But in all seriousness...if they are in need of cash to make ends meet, then you sell.....
That is, after all, what the government requires of you if you want to move into a government run housing assistance program for the elderly.
once you pay the estate lawyer and bills and funerals, with the $250k house being split among 5 children, no one got rich off of it.....especially my dead in laws.