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| Topic | 69% of Americans have less than $1,000 in savings |
| LinkPizza 01/05/20 5:45:27 PM #41: | Broseph_Stalin posted... Wages matter when talking about a person's financial situation, yes. Cost of living should be factored in as well, but again the US doesn't have a particularly high cost of living. We have a very progressive income tax system and low sales taxes (most European nations have a standard 20% rate). I never said we had it bad. Though, I don't think our cost of living is super low, either. That would include a lot of stuff. Including health care, which is pretty expensive and bad in the US. And the way people with more money buy tons of houses just to rent helps to keep people with less money as poor as they can. And gentrification in certain areas probably doesn't help... And if you add college into it, it goes up pretty high again... --- Official King of Kings Switch FC: 7216-4417-4511 Add Me because I'll probably add you. I'm probably the LinkPizza you'll see around. ... Copied to Clipboard! |
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