Yesterday the Republican’s released a plan to cut $2.5 trillion in spending over the next 10 years. The plan is being met with a lot of skepticism, even from FOX News where Neil Cavuto noted that the plan actually saves only $330 billion. The plan, which does not touch the Pentagon or Homeland Security, calls […]
I am going to stick with 1980 for my discussion on the federal poverty level because in this post it also works to exemplify the problems. In 1980 families didn’t have as many costs. Two costs are internet and cable. Some might argue that those are luxury items, but when you are talking about a […]
I want to take a post Marcy Wheeler did yesterday and change it to reflect my revised FPL I did in the previous post. 301% of Poverty Level: $66,370 Federal Taxes (estimate from this page, includes FICA): $8,628 (13% of income) State Taxes (using MI rates on $30,000 of income): $1,305 (2% of income) Food […]