So many of our founding fathers strongly oppose income tax.
Federal income tax and other income taxes wasn't introduced until the mid to late 1800's and in 1913. This is after all our founding fathers are gone or dead.
Any readings you recommend to find out why income tax was introduced?
Im 25, I am in shock when i see my friends (same age, same entry level income) go out and buy 250k-300k houses like its nothing. They dont have 20 bucks to fill up the gas tank but they can afford 250k house??? I dont want to be in their position where 90% of their income goes to mortgage, without having any savings on hand. what is a proper mortgage payment/income ratio?
my mom gets her social security check plus 2 others. her and my dad never had to file income taxes cause their income was too low. i just need to reck hers and make sure she doesnt need to file income tax. my dad died last year.
How do they verify your income? If you do a documented income loan for a home refi?
