Originally Posted by grizzlyblake
This topic gets the steam blowing out of my ears quicker than just about anything else beside animal abuse.
My wife and I have been waiting for several years before trying to have kids because we pay about $5k/yr in health insurance and still have a high deductible and copays on a group policy. To cover that we have saved a certain amount in the bank, on top of paying on time on our first home's 15yr mortgage, and carrying no consumer debt.
At the same time I know LOTS of people our age who are having babies left and right, have zero savings, feed the babies with EBT, had them delivered with Peachcare (or some free health program), and STILL WILL GET MONEY BACK FROM THE IRS WHICH THEY WILL USE TO BUY A NEW $2000 FLAT SCREEN TV.
Then what I'm about to post will require you to get medicated.
I 'know a family' who gets gov't benefits...you know, EBT, disability (husband) with 4 kids. The wife cleans houses for cash. She averages about $600-$700 a week, tax free, SS free, etc. The husband (on disability mind you) ALSO works for cash. He's been a contractor his entire life. He does side jobs for people all the time, builds decks, remodels, etc. when he feels like making enough to support his 'habits'.
So the wife asks just ONE of her house cleaning clients for a 1099....and fills it out with the amount she made just from that one client. So they file and receive a $7000 tax gift from all of us who work legitimately.
And before anyone asks, YES they have been reported....a couple of times that I'm aware of. Nothing has ever been done as far as I know. I guess the gov't doesn't care???