OrangeHound
Busy doing highfalutin adminy stuff ...
+1,335|7073|Washington DC

All you neocons should hate me now ... I'm receiving welfare from the US Government.

That's right.  I've got four kids which means that I get a $4000 tax credit to offset other income, and most of my income gets sheltered thanks to US tax loopholes ... and I just got an $1,800 economic stimulus payment.

This means that I paid negative federal taxes this year.  I received money from the US government.

What is amazing is that I live in the region of the US with the highest average income (Fairfax County, VA), I own a $750,000 home, I drive relatively new cars, and I'm putting four children through private school ... yet, now I'm on welfare.




The United States is screwed.
S.Lythberg
Mastermind
+429|6870|Chicago, IL
hey, you'd put it to better use than the feds ever could
m3thod
All kiiiiiiiiinds of gainz
+2,197|7095|UK
I have the opportunity to work in New York next year.  I might actually do it now.
Blackbelts are just whitebelts who have never quit.
ghettoperson
Member
+1,943|7073

$750k is quite a lot for a house by US standards isn't it?
Brasso
member
+1,549|7054

ghettoperson wrote:

$750k is quite a lot for a house by US standards isn't it?
$1M dollars would be a lot.

i live in one.

Last edited by haffeysucks (2008-05-16 08:15:52)

"people in ny have a general idea of how to drive. one of the pedals goes forward the other one prevents you from dying"
S.Lythberg
Mastermind
+429|6870|Chicago, IL

ghettoperson wrote:

$750k is quite a lot for a house by US standards isn't it?
you'd be surprised what you can't buy for 750K in some places
SEREMAKER
BABYMAKIN EXPERT √
+2,187|6992|Mountains of NC

the shit has hit the fan
https://static.bf2s.com/files/user/17445/carhartt.jpg
ghettoperson
Member
+1,943|7073

S.Lythberg wrote:

ghettoperson wrote:

$750k is quite a lot for a house by US standards isn't it?
you'd be surprised what you can't buy for 750K in some places
I guess big cities are a lot more expensive? $750k USD won't get you crap in Europe sadly.
S.Lythberg
Mastermind
+429|6870|Chicago, IL

ghettoperson wrote:

S.Lythberg wrote:

ghettoperson wrote:

$750k is quite a lot for a house by US standards isn't it?
you'd be surprised what you can't buy for 750K in some places
I guess big cities are a lot more expensive? $750k USD won't get you crap in Europe sadly.
well, In cook county, 500 will get you a small house, or a mid sized condo.

but in reno, it will get you a mansion.
chittydog
less busy
+586|7258|Kubra, Damn it!

ghettoperson wrote:

S.Lythberg wrote:

ghettoperson wrote:

$750k is quite a lot for a house by US standards isn't it?
you'd be surprised what you can't buy for 750K in some places
I guess big cities are a lot more expensive? $750k USD won't get you crap in Europe sadly.
It really depends where you are. Where I live in Dallas/Ft Worth, Texas, $750K will get you a damn nice house.
too_money2007
Member
+145|6732|Keller, Tx
I'm buying a house in Texas, $130k for 2086 square feet. Not bad, considering I pull in just about $40k/year. We have a son and a second baby coming in December/January, so I'll be looking to get onto WIC, so I don't have to fork out another $2-4k on baby food next year. There's been many times this year when we had to decide, baby food or bread. Baby wins!

Can't wait until my first full year in the house, with two kids on one income. I received back $2600 last year with one kid, so there's no tell what I'll get back then. I'm hoping for $5-6k.
OrangeHound
Busy doing highfalutin adminy stuff ...
+1,335|7073|Washington DC

ghettoperson wrote:

$750k is quite a lot for a house by US standards isn't it?
The average home in the US is something like $250k to $300k ... where I live, it is something like $500k.

My home is a 3500 sqft Victorian on 3/4 acres in a highly desirable area of Fairfax County - one of the wealthiest (if not close to the wealthiest) regions of the world.  I may be underestimating the value of my home.  Larger homes just around the corner have sold for as much as 1.6 million.

The home is not the issue ... the issue is that the US government has someone like me effectively on welfare.
S.Lythberg
Mastermind
+429|6870|Chicago, IL

OrangeHound wrote:

ghettoperson wrote:

$750k is quite a lot for a house by US standards isn't it?
The average home in the US is something like $250k to $300k ... where I live, it is something like $500k.

My home is a 3500 sqft Victorian on 3/4 acres in a highly desirable area of Fairfax County - one of the wealthiest (if not close to the wealthiest) regions of the world.  I may be underestimating the value of my home.  Larger homes just around the corner have sold for as much as 1.6 million.

The home is not the issue ... the issue is that the US government has someone like me effectively on welfare.
the current housing market has killed the value, three years ago it would have been one million.


But I trust you to use the money in a responsible way, not blow it on 400 dollar pencils and DMV employees like the government would.
SEREMAKER
BABYMAKIN EXPERT √
+2,187|6992|Mountains of NC

reminds of some rapper who has millions, pulls up to the welfare office in a limo rented of course to get his food stamps
https://static.bf2s.com/files/user/17445/carhartt.jpg
God Save the Queen
Banned
+628|6767|tropical regions of london
you should donate money to the GOP, that would offset your guilt.
God Save the Queen
Banned
+628|6767|tropical regions of london

SEREMAKER wrote:

reminds of some rapper who has millions, pulls up to the welfare office in a limo rented of course to get his food stamps
jsnipy
...
+3,277|6946|...

loophole? You work for your own llc?
loubot
O' HAL naw!
+470|7001|Columbus, OH
And here I am living in a card-board box of a house like a sucker. I going to crash at your 750K pad.
FallenMorgan
Member
+53|6337|Glendale, CA
Atleast your not some douche who uses welfare money to buy drugs and shit.  A lot of people use welfare for good things, yet some use it for crappy things.
S.Lythberg
Mastermind
+429|6870|Chicago, IL
hey, I got 578 dollars back this year, so i guess I'm on welfare too
Pug
UR father's brother's nephew's former roommate
+652|6965|Texas - Bigger than France

OrangeHound wrote:

All you neocons should hate me now ... I'm receiving welfare from the US Government.

That's right.  I've got four kids which means that I get a $4000 tax credit to offset other income, and most of my income gets sheltered thanks to US tax loopholes ... and I just got an $1,800 economic stimulus payment.

This means that I paid negative federal taxes this year.  I received money from the US government.

What is amazing is that I live in the region of the US with the highest average income (Fairfax County, VA), I own a $750,000 home, I drive relatively new cars, and I'm putting four children through private school ... yet, now I'm on welfare.




The United States is screwed.
I hope that house is already paid off, because based on your credits aren't being phased out by income level you have to be house-poor servicing than mortgage.

If you are paying that mortgage, how the hell did the bank allow that size loan on your income level?
m3thod
All kiiiiiiiiinds of gainz
+2,197|7095|UK

God Save the Queen wrote:

SEREMAKER wrote:

reminds of some rapper who has millions, pulls up to the welfare office in a limo rented of course to get his food stamps
I'm a one man army ason.
Blackbelts are just whitebelts who have never quit.
God Save the Queen
Banned
+628|6767|tropical regions of london

Pug wrote:

OrangeHound wrote:

All you neocons should hate me now ... I'm receiving welfare from the US Government.

That's right.  I've got four kids which means that I get a $4000 tax credit to offset other income, and most of my income gets sheltered thanks to US tax loopholes ... and I just got an $1,800 economic stimulus payment.

This means that I paid negative federal taxes this year.  I received money from the US government.

What is amazing is that I live in the region of the US with the highest average income (Fairfax County, VA), I own a $750,000 home, I drive relatively new cars, and I'm putting four children through private school ... yet, now I'm on welfare.




The United States is screwed.
I hope that house is already paid off, because based on your credits aren't being phased out by income level you have to be house-poor servicing than mortgage.

If you are paying that mortgage, how the hell did the bank allow that size loan on your income level?
you think maybe he could have bought it when it was value much lower.   the house I live in was worth $80,000 when it was first bought.  Today, its worth $600,000, without even being fully appraised.
God Save the Queen
Banned
+628|6767|tropical regions of london

m3thod wrote:

God Save the Queen wrote:

SEREMAKER wrote:

reminds of some rapper who has millions, pulls up to the welfare office in a limo rented of course to get his food stamps
I'm a one man army ason.
I put planets in orbit

shame on a nigga who tries to run game on a nigga

Last edited by God Save the Queen (2008-05-16 09:22:35)

RoosterCantrell
Goodbye :)
+399|6903|Somewhere else

God Save the Queen wrote:

SEREMAKER wrote:

reminds of some rapper who has millions, pulls up to the welfare office in a limo rented of course to get his food stamps
http://www.youtube.com/watch?v=gkNMxl7ziow
lol, odb is was a piece of shit, IMO.
-------------------------------------------------

Anyway. Well payed OH  .But from what I understand this "stimulous package" is basically your 2009 tax return given to everyone now.  So we'll see where that money came from when those tax returns come back and are only a few pennies.  Well, form what I understand.

You however, probably won't have to worry about that, ya jerk

Last edited by RoosterCantrell (2008-05-16 09:41:09)

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