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Re:Despite rising wages, 61% of Americans are still living p... by JAlexoid on Thursday February 17, 2022 @03:04PM (#30377948)
US government often doesn't recognize your family member as a dependent, so you get taxed a lot and you still get to support your family members that completely depend on you. So your FAANG $200k salary in CA will yield $120k in cashflow(no 401K or medical), and if you have two parents to support - you're screwed by the government and your real income is shared between 3 people.

I mean.... I literally cannot get my mother to be my dependent, even though I fully financially support her.

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