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More importantly, are you paying too much? Maybe you’re not “poor,” exactly, such that you shouldn’t pay any taxes. But surely “the rich” should be paying more. After all, you’re ...
As noted, it’s often a judgment call as to whether you can think of yourself as rich, wealthy, well off or poor. But there are some standards of wealth that can typically tell you how you are doing.
As the gap between the rich and poor increases, so too does the cost of living itself. In New York City, the cost of living is 222% higher than the national average, per The Council for Community ...
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