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The New Joe Montgomery Birther Pit / Re: "Obamacare"
« on: October 14, 2013, 11:42:00 PM »
also would like to address k-s-u's bullshit anecdote about his 180k friend being taxed 50 percent in income tax.
directly from the aus gov site:
$180,001 and over $54,547 plus 45c for each $1 over $180,000 (higher for foreign residents)
that's 30.3% for 180k.
+1.5% medicare levy (being raised to 2%)
according to wiki, there are no province or city income taxes. it looks like 50 percent income tax is literally impossible to reach.
sidenote: the entire tax structure of Australia, at a quick read though, looks very interesting, and pretty fair.
directly from the aus gov site:
$180,001 and over $54,547 plus 45c for each $1 over $180,000 (higher for foreign residents)
that's 30.3% for 180k.
+1.5% medicare levy (being raised to 2%)
according to wiki, there are no province or city income taxes. it looks like 50 percent income tax is literally impossible to reach.
sidenote: the entire tax structure of Australia, at a quick read though, looks very interesting, and pretty fair.