ccording to the 2006 poverty lines, I am considered above them. I am a single person who made 10,600 last year (2,200) of that was from a lump sum pension and not something I will get again, so really I only made 8,400. If you take the national level of 9,800 or so , if you make over that you are not considered in poverty although no one can live reasonably on 9,800, especially after taxes as almost 800 would be taken out in social security alone and then you have income taxes. How can any afford rent, electric, telephone, transportation, food, health care, and laundry and emergencies on that amount? Even if you made 900 a month, after taxes you would probably have 750 and after rent (no less than 450 most likely for the cheapest place, you don't have alot left for everything else, not exactly luxury living.
2007-02-02
16:46:05
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4 answers
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asked by
reallyfedup
5
in
Economics