The $104k family might have $80k after tax. If they paid $20k/kid and had two kids, that would leave them $40k after-tax, after-tuition income. Then, the $30k family might qualify for free or reduced school lunches or the earned income tax credit.
The $104k family might have $80k after tax. If they paid $20k/kid and had two kids, that would leave them $40k after-tax, after-tuition income. Then, the $30k family might qualify for free or reduced school lunches or the earned income tax credit.