I know....they are HIDING their INCOME it looks like.
How does one pay the mortgages on 160,000, and whatever the refinance of their home on such a low income?
It looks like to me, that even as dumb as the dems are, they could have found a better poster boy. In fact, I know that they could have.
Let’s see. $50k annually. Mortgage for $125 ? on commercial bldg,w taxes and ins comes to roughly $12,500. Mortgage on house (doesn’t say how much they refinanced), say $200k, comes to roughly $20k per year. Now, that leaves $17.5 for EVERYTHING ELSE.
Not likely. Sorry to say, if these figures are accurate, they would qualify for most state insurance programs. This is another “phony soldiers” soros tactic. Sorry for the father, but i’m pretty sure if anybody dug into his finances, we would find either tax or loan fraud, cuz these numbers don’t add up.
1. Kids go to school on "scholarships" that require the family to pay $500 per year per child (probably the cost of books) for a school that would usually cost $20,000 per year per child.
2. Wealthy grandparents make substantial (tax-deductible) annual contributions to the school in the amount of $40,000 or more.
In essence, this allows wealthy family members to write off the cost of educating the kids at an exclusive private school.