Trish, problem is, the allowances are fixed, not indexed to where one lives so if you live in an expensive area it's hard to make ends meet.  And non-coms get less than officers.  In today's economy, some military wives are taking off-base jobs to make ends meet.


Kat

-------Original Message-------
From: Trisha Cummings <[log in to unmask]>
Sent: 06/11/03 12:25 PM
To: [log in to unmask]
Subject: Re: Taxes; was RE: Mag's whip

>
> Kat,

  That is their choice - they receive a housing allowance on top of their
base pay. Bad financial management - is your own fault. They are paid well.
My x- is in the military, my Dad was in and is x's father. We have a
society that has really unrealistic expections from watching to much Tv and
seeing to many movies. The way to success is to bypass some wants now for a
solid position in the future. I could dig getting a housing allowance. And
that by the way is chosen by area costs and rank. My Dad spent 27 years in the
military - and they scrimped and saved - and started their own real estate
company, and later added a mortage portion. Millionaires now - they
figured out the success ratio early on.

                                                                Trisha


> Aww...f**k that's terrible. I didn't know that.  That's pretty bad as a
lot of non-coms (and officers) and their families live from paycheck to
paycheck.  It's a real sore point amongst active personnel.
>
> Kat
> -------Original Message-------
> From: "BG Greer, PhD" <[log in to unmask]>
> Sent: 06/11/03 12:04 PM
> To: [log in to unmask]
> Subject: Re: Taxes; was RE: Mag's whip
>
> >
> > The child credit does not apply to military people, so they get
screwed.
> That's how much GWB loves the military. What a hypocrit!
>
> Bobby
>
>
> > It does beg the question, though, why Congress passed a tax bill that
> > provides the "child" credit for individuals whose AGIs are below the
> point
> > where they would pay taxes.
> >
>