Re:No Tuition, but You Pay a Percentage of Your Income if Yo...
by tybit on Wednesday January 09, 2019 @03:20AM
(#18863180)
HECS repayments are one of the only Australian taxes I can think of that actually isn’t progresssive and the percentage is applied to your whole income, not just that above the threshold. Which is why it’s also such a gradual tax, not even hitting 8% until a fair way past 100k.
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