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Reply to "Poverty level is $140,000 for a family. Really."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]https://wapo.st/4pySw6b This makes a lot of sense. DCUM would probably say more like 250K, but the world is catching up with DCUM.[/quote] Anyone who cannot raise a family on 50K a year is just wasting money. [/quote] How old are you? Do you have any idea how much child care costs? Even a cheap in-home daycare will cost $2k/month for two kids. A cheap two-bedroom apartment is going to cost $1.5k/month. Even after deductions and credits, that pretty much takes up your entire net income. Without factoring in utilities, food, transportation, clothing, etc.[/quote] Subsidized housing and child care. [/quote] Then you're not really raising a family on $50k.[/quote]
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