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Politics : Politics for Pros- moderated

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To: michael97123 who wrote (17553)	11/24/2003 11:46:32 AM
From: kumar	Read Replies (1) of 793817

About 100k joint income daycare for two will be $1600/month college and professional school loans roughly $80,000 around $800 per month mortgage roughly 2000/month includes RE taxes State, local and fed Taxes & Fica roughly total about $1200 per month Add the two modest cars and insurance add about $700/month in NJ Offerring a contrasting situation, from my young days in India : - Income would not be fair to compare - because of exchange rates etc. suffice to say we were called "middle income" - daycare ? - what's that mean ? Mom or some relative looks after the kids. - college fees - I earned about 40% of it doing odd jobs. My parents could barely afford the remaining 60%. Even then, they guaranteed my fees, provided food/accomodation etc, till I started working after graduation. - didn't have a concept of mortgage then - we were renting a 2 bedroom apartment, where me, my parents, and 5 sisters lived. - taxes - yeah every govt wants to take the most - not different there - "2 modest cars" - we had no car till I started working - 1st year I bought a motorcycle to commute and get groceries etc, 2 years later got a beat up old car.

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