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sbenji | 2 years ago

Australian tax rates are not substantially higher than us tax rates.

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jimmyswimmy|2 years ago

Depends on your bracket I suppose. According to this [0], an individual $180k salary in AUS is taxed at about $58k. In USD would be about $44k. But... I pay $12k in health insurance, so they're reasonably close.

I think AUD < USD though, so spending power is probably a lot different. Don't think you can do a real thorough comparison in an HN post.

[0] https://www.trendingaccounting.com/2022/06/comparing-tax-rat...

esalman|2 years ago

A US person making 180k is taxed more than 58k if they live in CA. 24% federal, 9% CA, plus social security and Medicare. If they live in SF then there's also a local tax.