Is $140,000 the New Poverty Line for Americans?

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Is $140,000 the New Poverty Line for Americans?

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return2ozma@lemmy.worldBanned from community to

News@lemmy.world · 3 months ago

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A Wall Street portfolio manager made an argument for a $140,000 poverty line for American households. Does it hold water?

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3 months ago
It’s mentioned in the substack article that for a single individual his calculations place the poverty line around 50k, while 140k is for a family.

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