- Nov 15, 2006
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it could be 300% higher - like in AustraliaHe's paying too much.
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For the 2025 financial year, the personal income tax rates for Australian residents are as follows: 0% for income up to $18,200, 16% for income between $18,201 and $45,000, and 32.5% for income between $45,001 and $120,000. Income over $120,000 is taxed at higher rates, reaching up to 45% for income over $190,000, not including the Medicare levy of 2%
I'd have to make 600k+ a year to pay that much in taxes - and I'm paying too much!
Here is a challenge:
Name a country that has 'free' health care that has a personal income tax at the same level or lower than the US.
There is no such thing as free healthcare - if the government is paying for it - you, the taxpayer is paying for it.
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