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i need a child..no two kids.
just did taxes....ouch.
i'm rallying for next year..turned 50, so doing that catch up thing on my 401k and paying extra monthly..my paycheck is gonna be dinky. i'm joking about the kids..they eat way more than what my taxes are.. ![]()
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Join Date: Sep 2001
Location: Dismal Nitch, AZ
Posts: 9,042
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Million-dollar babies: The cost of raising a child - Today's Parent
. "Ward pegs the all-in cost of raising a child to 18 in the U.S. at around $700,000, or closer to $900,000 to age 22, which is a more realistic picture for today’s families."
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Don . "Fully integrated people, in their transparency, tend to not be subject to mechanisms of defense, disguise, deceit, and fraudulence." - - Don R. 1994, an excerpt from My Ass From a Hole in the Ground - A Comparative View |
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Registered
Join Date: Oct 2003
Location: Michigan
Posts: 14,093
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Excellent! I'll ship our two to you next time they are fighting like cats and dogs. Thanks Cliff!
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1981 911SC ROW SOLD - JULY 2015 Pacific Blue Wayne |
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Get off my lawn!
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Don't me me started on the tax deductions. We have none, nada, zip, zero. No mortgage and no dependents and we are married so we get the higher rate. For the taxes we even have to supply the IRS with our own KY lube and even that is not deductible!
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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Quote:
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poof! gone |
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Get off my lawn!
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Don't you have some duct tape and rope?
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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Registered
Join Date: Jan 2012
Location: NW Ohio
Posts: 9,733
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There is a definate sacrifice with having kids, but my 23 year old daughter finally has a really good job, and will graduate with a CAD degree later this year. My 18 year old son will be into diesel tech in the fall, and hopefully finding a high paying job he enjoys.
We have driven 10-15 year old cars, for years, but I have been dumping 20% into the 401K for the last 4-5 years, so it has grown substantially. We aren't going to just scrape by in retirement ! My taxes (living in a rural setting in a flyover state) are pretty low compared to you Kaliforia boys. With FICA, state, local, and school district, not to mention, sales tax, and fuel tax, there isn't much left. |
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The Stick
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New a person that bought a new house they couldn't afford to pay less taxes they had already spent. I think they were taking notes from our government debt.
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Richard aka "The Stick" 06 Cayenne S Titanium Edition |
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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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Don't forget that as an end-user of any product, you paid the employer's side of SS and other taxes for every single item you bought and everything from beginning to end. Take a loaf of bread, you paid for the grower of the wheat, his laborers, the amortization of the employees who built the tractors, the water purveyor, the baker, the truck driver, the shelf stockers and cashiers at the supermarket, etc.
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Hugh |
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Registered
Join Date: Sep 2001
Location: Dismal Nitch, AZ
Posts: 9,042
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Quote:
I remember reading about this just out of high school...back in '63. Back then it was $250,000. ![]()
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Don . "Fully integrated people, in their transparency, tend to not be subject to mechanisms of defense, disguise, deceit, and fraudulence." - - Don R. 1994, an excerpt from My Ass From a Hole in the Ground - A Comparative View |
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Run smooth, run fast
Join Date: Aug 2008
Location: South Carolina
Posts: 13,447
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Reminds me of something I ran across recently on FB. Bro humor for the win.
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- John "We had a band powerful enough to turn goat piss into gasoline." |
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Registered ConfUser
Join Date: Aug 2006
Location: Waterlogged
Posts: 23,531
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I have two in college and one more joining them next year. Financially, you're better off with none! But the rest?...my favorite people in the world, so, happy to write the checks.
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Mike “I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll. |
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Brew Master
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Brew Master
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Unregistered
Join Date: Aug 2000
Location: a wretched hive of scum and villainy
Posts: 55,652
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People used to say to me,
"Buck, you are one lucky son of a *****. You got it made, Buck." And I did. They'd say, "Man, look at you. You don't have any kids, any wife. You don't have a desk, an office. You don't have a boss to worry about." They were right. I had it made. Only thing now is, Perce... nobody says that anymore. Oh, boy. But... it'll all be better tomorrow. It always is. |
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Almost Banned Once
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Stop already...
![]() Having kids is great!
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- Peter |
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Join Date: Jan 2012
Location: NW Ohio
Posts: 9,733
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,512
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I have three I'll offer up!
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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Registered
Join Date: Jan 2007
Posts: 11,758
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Quote:
Wow, I sure got a lot for a dollar. Do you think he'd let me drive the tractor ? |
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