Comments on: MaxTax unaffordable http://www.whereistheoutrage.net/wordpress/2009/09/15/maxtax-unaffordable/ Thoughtful, intelligent, entertaining, progressive discussion about politics, sports and whatever Thu, 09 Feb 2012 12:03:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Brad Blumenthal http://www.whereistheoutrage.net/wordpress/2009/09/15/maxtax-unaffordable/comment-page-1/#comment-60826 Brad Blumenthal Fri, 18 Sep 2009 20:37:25 +0000 http://www.whereistheoutrage.net/wordpress/?p=10529#comment-60826 The home estimate may be a bit high.  That would be loan payments, property taxes, and insurance on about a $180,000, 30-year mortgage at 7-ish%.  I've usually seen the recommendation that housing should be about 25% of income. However, the difference would be maybe $5,000, so the point remains. By the way, the Max Tax doesn't include deductibles and co-pays. The home estimate may be a bit high.  That would be loan payments, property taxes, and insurance on about a $180,000, 30-year mortgage at 7-ish%.  I’ve usually seen the recommendation that housing should be about 25% of income.

However, the difference would be maybe $5,000, so the point remains.

By the way, the Max Tax doesn’t include deductibles and co-pays.

]]> By: Where’s the Outrage? » What’s that foul smell? Oh, it’s Baucus’ bill http://www.whereistheoutrage.net/wordpress/2009/09/15/maxtax-unaffordable/comment-page-1/#comment-60799 Where’s the Outrage? » What’s that foul smell? Oh, it’s Baucus’ bill Thu, 17 Sep 2009 09:56:57 +0000 http://www.whereistheoutrage.net/wordpress/?p=10529#comment-60799 [...] have more in the coming days. At first glance, this bill is looking like a corporate give [...] [...] have more in the coming days. At first glance, this bill is looking like a corporate give [...]

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