sc94597 said:
TheWPCTraveler said: So, how much did your parents actually earn in a year? My bet is that if your family moved to the Philippines while retaining that income, you'd be comfortably in the middle class. |
My mom made something like $10,000 before taxes, and a few more thousand under the table. Right now she lives in New Jersey and makes $15,000, but her expenses are significantly more there. My dad's income varied greatly over the years. At its peak before I was born he made $80,000. Right now he makes something like $20,000 in New York City, which isn't much at all there.
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So, your mother makes PHP ~690k, while your father makes PHP ~920k. So, thats PHP ~1610k. That's roughly in the ballpark of my family's income.
Yup, you'll land squarely in the middle class here: the highest tax bracket starts at PHP 500k. My family (of five) is actually wealthy enough to have one car and be seriously considering the purchase of an SUV (?!) here, plus I get to buy quite a few games.