Winston
Platinum Member
Thanks for proving my point. If she went to work, what was she going to make? If she made three hundred dollars and lost two hundred and fifty, would they have got caught up with the rent? And would you be willing to work some overtime if you only got to keep twenty cents on the dollar?
If she got a job at Walmart or McDonald's and worked ten hours each day, that's 100 hours a month. Even if those jobs only paid $8.00 an hour, that's $800.00 gross a month.
Gross eight hundred dollars. Lose two hundred fifty dollars food stamps. Lose at least a hundred dollars a month in the EITC. Pays another seventy five in Social Security taxes and eighty dollars in income taxes. That leaves her with a little less than three hundred dollars. Would you work ten hours a day, two days a week, to bring home seventy five bucks? How do you feel about a 62.5% marginal tax rate?
You don't pay income taxes when you make that little. She would probably lose (after deductions) about $350.00 at the most, and would probably get a lot of that back in her income tax refund. After all less than 10 K a year with two dependents is poverty, so she may get it all back.
Either way, it could have prevented them from losing their home, him having the embarrassment of getting his wages garnished, paying my legal fees and time off of work, and having an eviction on his record.
Would I work for that kind of money? Probably not, but then again I wouldn't have had a family in the first place, feed a large dog and three cats, and would have given up cigarettes.
She might not pay the income taxes but more than likely she would. Her standard deduction and exemptions would have been exhausted covering the husband's income. But she most certainly would pay the Social Security taxes, that's the bigger chunk. She most certainly would have lost some of the EITC.
And I wasn't asking if you would work for eight dollars an hour. I am asking if you would work when you only get twenty to thirty cents on the dollar of whatever wage you were earning.
No, she would get it all back because she is not married to the father of her children. They live together, but government doesn't count that as a two income family. Government doesn't even check into those things.
Then you messed up. You should of told them to get married, then your rent would have gotten paid, and then some. Unless the guy made more than thirty grand, and it sounds like he didn't, the EITC on his income more than offsets the food stamps. Plus, he could have gotten the EITC pre-loaded on his paycheck instead of waiting for a tax refund.