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The content compares living expenses in California and New York City, mentioning a person paying $2,100/month to live with 23 roommates in NYC while earning $100,000. It also touches on budgeting confusion and inquiries about income tax in the USA. In the US tax system, income tax is a percentage of personal income that varies based on the tax bracket, with deductions and credits influencing the final tax bill. The video title suggests it's discussing these topics in Hindi.

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