Reply to How the shit do normal people afford to live here?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]With a salary of $50K, you have to live with roommates.

If you are a family, [b]you get the earned income tax credit paid to you[/b] (and you pay almost no taxes before that), you meet with a social worker, get food stamps and any other assistance you can, and some apt buildings set aside a few units to rent for lower income people but you might have to apply through the county and wait a couple yrs on a waiting list.[/quote]

50k does not qualify for food stamps unless you have like 8 children. Why are you commenting on this thread when you obviously don't know what you are talking about?[/quote]

Different PP.  EITC is a tax credit that is given when you file income taxes.  For 2012, the EITC qualification gross adjusted income was:

[url]http://www.irs.gov/Individuals/EITC-Income-Limits,-Maximum-Credit--Amounts-and-Tax-Law-Updates[/url]
[quote=www.irs.gov]
2012 Tax Year
Earned Income and adjusted gross income (AGI) must each be less than:
$45,060 ($50,270 married filing jointly) with three or more qualifying children
$41,952 ($47,162 married filing jointly) with two qualifying children
$36,920 ($42,130 married filing jointly) with one qualifying child
$13,980 ($19,190 married filing jointly) with no qualifying children
[/quote]

SNAP benefits, e.g. food stamps, are given through the USDA and the qualifications for Oct 2012 through Sept 2013 are:

[url]http://www.fns.usda.gov/snap/applicant_recipients/eligibility.htm[/url]
[code]
Household size          Gross monthly income          Net monthly income
                               (130 percent of poverty)       (100 percent of poverty)

1                             $1,211	                         $  931
2                              1,640	                          1,261
3                              2,069 	                          1,591
4                              2,498                          	  1,921
5                              2,927	                          2,251
6                              3,356	                          2,581
7                              3,785	                          2,911
8                              4,214                              3,241

Each additional member
                               +429	                               +330
[/code]

If you want to compare both on an annual basis, then the 2012 poverty levels are:

[url]http://aspe.hhs.gov/poverty/12poverty.shtml[/url]
[quote]
2012 Poverty Guidelines for the
48 Contiguous States and the District of Columbia
Persons in
family/household	Poverty guideline
1	$11,170
2	15,130
3	19,090
4	23,050
5	27,010
6	30,970
7	34,930
8	38,890
For families/households with more than 8 persons,
add $3,960 for each additional person.
[/quote][/quote]

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