Re:How The Average U.S. Consumer Spends Their Paycheck
by nopassrecover on Sunday July 12, 2009 @02:10PM
(#700389)
Okay cool.
Australia doesn't have state taxes on income (see: http://en.wikipedia.org/wiki/South_Australia_v_Commonwealth).
Instead states taxes tend to be particular levies for works or "stamp duty" on purchases (e.g. cars/houses).
However, when I put the figures through using current exchange rates, AU income tax would be $14,352 US on that amount (around 29% compared to the original 21%) and our tax rates and thresholds have dropped quite significantly recently.
Re:How The Average U.S. Consumer Spends Their Paycheck
by whatusername on Monday July 13, 2009 @01:21AM
(#701142)
Don't forget the 10% GST/VAT on almost all purchases.
It would be a lot more in, say, New York or San Francisco, whereas it'd be a lot less in, say Tampa or Austin.