A diet of nothing but rice and beans, living in a rented room in a garage, and dumpster diving for all the remaining necessities and you can almost live in California!
I’m on a fixed income and cannot live in California. I do thanks to parents giving me some intergenerational wealth early by paying my $2k-ish rent for me. (They’re in their eighties and still alive.)
New York? A half month in a leaky but somehow airtight corrugated metal shed, no air conditioning and a communal bathroom that also happens to be the yard your “bungalow” is in
Ohio? 6 months in a house that used to be someones starter home but they added more to the house, cut it in half, and now charge the same if not more rent for each half than someone paid for the original mortgage. You will be harassed for the rent because “i have to pay the mortgage” but it was paid off over a decade ago. The landlord takes multiple vacations, out of the country, every year. Conveniently around storms and bad weather, so when your roof falls in there’s nothing they can do for two weeks.
You are in a meme community for politics asking housing questions. Maybe show up at the right house before you start knocking 🤣 the fact that you had no worries but to reply immediately? Get real.
You’re right, of course. But I also think it would open up a giant loophole for the wealthy. A car is essential for survival! A three million dollar car? … A 15,000sqft house?
Of course, they could set reasonable limits. But when was the last time congress was reasonable?
Yeah, because $16k is enough to survive.
A diet of nothing but rice and beans, living in a rented room in a garage, and dumpster diving for all the remaining necessities and you can almost live in California!
I’m on a fixed income and cannot live in California. I do thanks to parents giving me some intergenerational wealth early by paying my $2k-ish rent for me. (They’re in their eighties and still alive.)
What timeframe is that $2k-ish rent?
New York? A half month in a leaky but somehow airtight corrugated metal shed, no air conditioning and a communal bathroom that also happens to be the yard your “bungalow” is in
Ohio? 6 months in a house that used to be someones starter home but they added more to the house, cut it in half, and now charge the same if not more rent for each half than someone paid for the original mortgage. You will be harassed for the rent because “i have to pay the mortgage” but it was paid off over a decade ago. The landlord takes multiple vacations, out of the country, every year. Conveniently around storms and bad weather, so when your roof falls in there’s nothing they can do for two weeks.
That doesn’t answer my question at all and you’re not the person I asked.
Maybe asking questions on the Internet isn’t for you ❤️
Maybe answering questions you don’t actually have the answer for isn’t for you 🤷🏼♂️
You are in a meme community for politics asking housing questions. Maybe show up at the right house before you start knocking 🤣 the fact that you had no worries but to reply immediately? Get real.
You’re right, of course. But I also think it would open up a giant loophole for the wealthy. A car is essential for survival! A three million dollar car? … A 15,000sqft house?
Of course, they could set reasonable limits. But when was the last time congress was reasonable?
OP even acknowledged this and this shit is still top reply. Dumb fucks everywhere.
So what’s that he acknowledged? The amount is too low to be considered a valid argument.
Let us deduct all expenses related to living, and we will quickly learn that for majority of people there isn’t anything left to tax.
Or make a standard deductible for companies, let say $1M and any revenue above that has to be taxed.