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How Trump or Harris tax plans might change your income (slrpnk.net)

submitted 3 weeks ago by ByteOnBikes@slrpnk.net to c/usa@midwest.social

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Source https://www.barrons.com/articles/trump-harris-tax-rates-plans-cuts-income-e8db90ee

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[–] JoMiran@lemmy.ml 1 points 3 weeks ago (1 children)

So was I. My wife and I grew up poor. Imagine then what happens when you go from celebrating a $200 bank account balance to $200k/yr in two years. We got caught up in the typical life of endless debt that was suburbia during the dot-com boom. After I lost my dot-com job (technically the company stopped existing) and we realized how trapped we were, we got our senses back and we haven't had new debt since. If I can't buy it cash, then I can't afford it.

[–] Didros@beehaw.org 1 points 3 weeks ago

Yeah it can be a hard lesson to learn, glad you are able to grow and overcome!