The article’s author, Mary Tootikian, who also wrote a book called “Stunned In America, Sub-Crime Mortgage Crisis,” notes that teachers who voluntarily supply classrooms with things like ink, toner and paper must deduct it from their income.
At the same time, she said supplemental income earned from after school activities is being disallowed, as it’s difficult to document that it’s continuous and guaranteed.
But the whole thing seems all too sensationalistic.
Do we know the teacher’s other monthly liabilities that count against their income? No.
What if they’ve got a luxury car lease or outstanding credit card debt tied to lavish purchases?
Is the cost of toner and paper really enough to push someone’s debt-to-income ratio over the top? And why is the teacher already on the brink of eligibility?
Sure, I get the author’s point that voluntary contributions to classrooms could/should be considered a charitable donation, and thus not deducted from income, especially since teachers are seemingly underpaid.
After all, isn’t that how we got into this whole mortgage crisis to begin with?
Related: Expectant mothers discriminated against?