Quote:
Originally Posted by scfr
Questions 1 & 2: Re the comment that"1d should be higher than 1c" = No, not necessarily for those of us who are self-employed with variable income. Some months our active income is zero. Each household's situation is unique. A regular paycheck is not the only way to live.
Question 10: Was this thrown in just to see if we were paying attention? Of course the answer is "Don't I wish I knew!"
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Correct in that monthly budget might not balance on variable income. The point of the question to was to make sure someone knows they spend less than they earn on an annual basis.
Question 10 was to trigger thoughts on person knowing their personal tax situation. IMO tax rates under Obama will be highest taxes I will probably see in my lifetime, because next time a republican is elected, my guess is the higher taxes he reinstates get repealed, and once people see how bad having a socialist run things is, they will not elect a fiscal liberal again in their lifetime.