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Neal Peirce: The High Cost Of Being Poor [View All]

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Yo_Mama_Been_Loggin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-04 10:11 PM
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Neal Peirce: The High Cost Of Being Poor
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If you're like me, you'll be grousing about nightmare tax rules and the assault on your bank account as you seal up your income tax return and fire it off to the IRS this week.

But take heart. It could be a lot worse. You could be poor.

Poverty is not just miserable, it's actually expensive, the Annie E. Casey Foundation asserts in its "KidsCount" report. The foundation documents how every outlay -- from food to rent to loans to health coverage to check-cashing or a car for commuting -- is likely to cost you an arm and a leg more if you're a low-income American.

Some of the conditions can't be fixed quickly -- food prices up to double suburban rates in some inner cities that have been deserted by supermarkets, for example. Or rents so high that more than 5 million families are now obliged to spend over half their entire incomes for shelter.

But there's a depressingly long list of predatory fiscal devices that have ballooned in number since 1990. Collectively, they're ripping off low-income America, trapping millions of poor Americans in permanent, high-cost indebtedness.

-more-

http://www.postwritersgroup.com/archives/peir0405.htm
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