this post was submitted on 17 Oct 2023
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What constitutes the middle class in China? How comparable is it to the US?
Yeah if we're using the offical federal definitions, the US's definition of poverty is laughably lower than it should be
For reference, in the US in 2023, if you are a family of two and your combined annual income is $19,800.00 you are considered to be above the poverty line. This figure represents income BEFORE taxes are taken out.