Americans can’t afford the higher health insurance premiums that resulted from Congress’s refusal to extend federal tax credits.
Somehow, there’s always plenty of money for levying war, whether against Americans or others, as well as plenty of room to cut billionaires taxes. Just not enough for regular folks.
93rd percentile of income in a household like that. So solidly into the top 10% of earners in the US.
Given that Megan is 49, their kid is pretty much guaranteed to not be in daycare.
Almost everybody needs a vehicle for work in the US. A work truck may cost a little bit more than a budget car but the numbers just don’t add up. If his business is making so little that the truck payment is putting them under, they have other, bigger problems with the business.
I wouldn’t want to risk being without health insurance around 50 though. 26k is like one incident causing a couple nights stay in a hospital.
all this being said… I know how to budget. I’m not a kid. I have a mortgage and all kinds of other things going on and I know healthcare costs… my wife maxes out her deductible well before April every single year. These people are not the norm, even if it may be a ‘normal’ income to people like us. They don’t need the subsidy anywhere near as bad as the other 90%