Thursday, January 19, 2017

EIC

Earned Income Credit

Oil changes
Any auto repair
Dental work
Vision checkups/glasses
Any home repair
Appliance replacements

These are some of the things that many Americans can only afford once a year. Your brakes are squealing, you shred a tire, your engine won’t start? Haha, good luck with that.  You better hope it’s February, or you’ll be walking to work.   You have a toothache? That’s too bad.  You are having trouble reading road signs and you squint all the time? That’s interesting.  Your house needs a new roof? Yeah, like that’s ever gonna happen.  Is anything at all broken inside your house? Stove, refrigerator, washing machine?

Well. I hope for your sake that you’ve filed your income taxes, because the only way you are going to be able to afford to alleviate any of these problems is with your tax refund.  That is, if you are a member of the working poor.  If you do not live paycheck to paycheck, count yourself lucky.  Having the ability to save money is a major weight off your shoulders. 

I imagine my life without the EIC, and it’s scary because now I have to think about my kids.  Before I had kids, before I qualified for EIC, I didn’t have the same worries.  Now I have to hope that it’s February if anything breaks in the house, or if a vehicle needs work.  I hope the kids can time their toothaches to tax season.