“The 2008 Farm Act removed all asset test restrictions from SNAP eligibility. There is no point in reporting them based on the car. They might also have $500,000 in the bank, as long as they aren’t earning much interest on it.”
So what you’re saying then is that Bill Gates would qualify for food stamps so long as he didn’t choose to put his money in interest or dividend paying investments.
But it would take Billy$ quite a while to enumerate his assets (see my #184). He is married with what, two dependents? Then his earned and unearned income limit would be just under $40k. He gets that in a blink of the eye!