- 415
Eventually the way things are going its not going to be worth working anymore.
Husband, wife, 4 children: Self employed but have AGI of 29k after expenses.
Here is what they get:
$2416 per month to live on
$3100 Tax refund (due to EIC and Child Tax Credit)
$350 Per month food stamps
Medicaid for their kids (estimate $150 benefit per child)
$600 per month
This is the equivalent of making an additional $1200 per month in these benefits.
Where is the incentive to work?
Husband, wife, 4 children: Self employed but have AGI of 29k after expenses.
Here is what they get:
$2416 per month to live on
$3100 Tax refund (due to EIC and Child Tax Credit)
$350 Per month food stamps
Medicaid for their kids (estimate $150 benefit per child)
$600 per month
This is the equivalent of making an additional $1200 per month in these benefits.
Where is the incentive to work?