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A refrigerator is not a luxury

August 23, 2011

Everyone is entitled to his or her opinions. But some points of view, especially when it comes to politically-tinged issues, are mind boggling.

Take the Fox News segment that in arguing for elimination of tax breaks for the poor cited Department of Energy data listing the modern conveniences that members of this lower-paid demographic own.

Among the ostensibly unnecessary items were cell phones, air conditioning, cable television service, microwaves, dishwashers and, topping the list, refrigerators.

That piece was included in a segment last week by Jon Stewart. It starts at the four-minute mark of the Comedy Central's The Daily Show video:

Really? That's what you stoop to? Do you guys even listen to what you're saying?

I'll give you the cell phones (although cheap phones and plans are plentiful and everyone should have some sort of telephonic connectivity), cable TV and even some of the appliances.

But as someone living through the hottest summer in Texas history, having an air conditioner is not a luxury, it's a necessity.

And a refrigerator definitely is a requirement, unless a person doesn't plan to eat.

As for those questionable 'fridges and air conditioners and most likely the dishwasher, too, I'm willing to bet my own appliances that they came with the apartment that the poorer resident rents.

So c'mon guys. Be outraged if you must that a family of four making less than $22,350 a year (the U.S. Census earning limit to qualify as poor) isn't living in a hovel and is getting some tax breaks for which you make too much money to qualify.

But don't do things as patently absurd as bitching about them having refrigerators in their homes.

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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