Skip to main content

View Diary: More graphs on poverty and how to fight it - or not (83 comments)

Comment Preferences

  •  anecdotal evidence (none)
    I used to qualify for EIC and yes, it was like a big bonus check that I used to pay down credit card bills or pay off any outstanding (typically medical) bills, or buy bigger-ticket items such as (cheap) furniture or used appliances that I'd otherwise be unable to afford. The first time I qualified, I'd only made about $7500 income for the whole year. I never got more than about $1500 in EIC, though, so it never really went that far.

    Sometimes EIC is put into savings, but at such low income levels it rarely stays in savings accounts for very long due to emergency car repairs, etc. Most people I know who receive EIC save what they can and then spend it on necessities, because they otherwise have to do without during the year because of such low income. So anyone who thinks how EIC is spent needs to be studied needs to consider their own motives for wanting to know.

    How do you spend your tax refund? People who qualify for EIC would just love to know how some people with income tax refunds get to actually spend their refunds on fun stuff like vacations. Or get to actually save it towards their kids' college educations.

    It sucks ass to be poor.

    "People seem not to see that their opinion of the world is also a confession of their character."--Ralph Waldo Emerson

    by rioduran on Fri Oct 14, 2005 at 08:10:56 AM PDT

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site