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To: xzins
Having never sent children to private schools, is that a tax deductible expense?

Not usually.

46 posted on 10/12/2007 6:36:42 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

Now I’m really curious what they pay to send their kids to that private school. Someone said the cost is something like 20 grand per kid, but that theirs get some kind of assistance/scholarship. And they have 4 kids in private schooling.

If all you’re making is 45,000 bucks, then how in the world can you be paying even half of that tuition, 10 grand per child, or 25%.

At 25%, that would leave them only 25 grand a year to live on in a very high cost area before they even begin paying mortgage, utilities, transportation, etc.

Someone wrote that their mortgage is something like 1400 a month.

These numbers don’t add up.


55 posted on 10/12/2007 6:44:41 AM PDT by xzins (If you will just agree to murder your children, we can win the presidency)
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