Re:Forty percent of the Bay Area wants to leave, says new poll
by vram22 on Saturday April 01, 2017 @02:13PM
(#14013318)
Good to know, thanks. I do remember my friend saying that income tax in SG was low, but 5% seems quite low, which is good.
Re:Forty percent of the Bay Area wants to leave, says new poll
by eru on Saturday April 01, 2017 @02:31PM
(#14013409)
My marginal rate was 15%---which is also the top rate. But I've only just hit that bracket, so my average was still a 5% total.
The only other significant tax to pay is 7% VAT. Unless you want to own a car. That's expensive, and fortunately unnecessary.
Pay can be good for programmers. I got 140k SGDP/year (and paid 5% income tax on average on it). And while I make more than that now, it's a perfectly adequate salary---even for living in the city centre.