Top Marginal Tax Rate Must Change
Let's compare our top marginal tax rate, and when it kicks in with a few of our regional competitors.
US 41.5% $395,000
Japan 50% $217,000
Singapore 22% $303,000
Hong Kong 16% $365,000
Australia 48.5% $62,500
(Source: The Australian 24th Feb 2004)
I'm moving to Hong Kong. I can see why we have a hard time getting professionals to come to Australia.
US 41.5% $395,000
Japan 50% $217,000
Singapore 22% $303,000
Hong Kong 16% $365,000
Australia 48.5% $62,500
(Source: The Australian 24th Feb 2004)
I'm moving to Hong Kong. I can see why we have a hard time getting professionals to come to Australia.
0 Comments:
Post a Comment
<< Home