Posted on 10/13/2011 3:01:35 PM PDT by Fudd Fan
Medical expenses for my household have been very high for the past four years or so. In the multiple tens of K. The caller’s situation resonated with me. Like him, we DO utilize the medical deduction.
Kids and vacation (or “investment”) homes can eat up money like crazy. Private schools, camps, etc etc.
I’ve been keeping really accurate car expense records for the past eight years or so. Gotten pretty good at buying value cars. Buy reliable used cars at a good price, get the cars refurbed close to or better than what you see with dealer certified used cars, and keep them in good shape.
Not perfect, I’ve bought some real clunkers, but my wife backs me up by demanding I get rid of the bad ones quick rather than attempt to make a money-pit hobby of it.
You make some good points and I’m not in your shoes. But we don’t know all the details so your summations are speculative or anecdotal at best. If Laffer is willing to endorse 9-9-9 I’m willing to give it a second thought because I was about to write off Herman after Tuesday night.
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