Paystubs and W2s used to be sufficient income proof for salaried people, but now tax returns were added to the mix to sniff out deal killing unreimbursed employee expense write-offs.
We were credit-checked and had to provide proof of income for ourselves.
What's more, the requirement to have a co-signer over 21 years old or show proof of income also can be easily manipulated by merely having a fellow student who is over 21 years old be a co-signer, says John Ulzheimer, president of consumer education at SmartCredit.com.
This system actually worked quite well as long as the underwriters collected the documentary proof (like income verifications).
The CARD Act also requires that students under age 21 show proof of sufficient income or get a co-signer to obtain credit.
Consumers under 21 must show proof of independent income to make their minimum monthly payments, or have an adult co-signer to qualify for a credit card.
But the unions may cite Mr Brown's most unpopular policy (scrapping the 10% starting rate of income tax) as supposed proof that the electorate is now slightly to the left of Labour.
ECONOMIST: The trade unions are not as fearsome as they look
Specifically, to get one-half the rebate (7%), low-income families would have to produce proof of health insurance.
Depressing fact: Income, as conventionally defined, is no proof of what you can safely spend from a portfolio without eroding your capital.
Proof: More than two-thirds of his income this past year came from his work in film.
If Barack Obama wins with a near filibuster-proof majority in the Senate, we know that taxes on income, savings and investment will go up.
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