this post was submitted on 23 Jul 2025
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Australia

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[–] Eyekaytee@aussie.zone 1 points 1 week ago (4 children)

The highest marginal tax rate for income earners is over 50%. And it takes effect at much lower incomes than other comparable countries.

I'm interested which countries?

[–] DavidDoesLemmy@aussie.zone 1 points 1 week ago (3 children)
[–] Eyekaytee@aussie.zone 2 points 1 week ago (2 children)

Australia has tax take effect at much lower rates than Australia?

[–] DavidDoesLemmy@aussie.zone 1 points 1 week ago

Oh sorry. Compared to USA at least. The top tax bracket starts much lower in Australia

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