Is income tax higher in australian than the united states?

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don't believe possible make general statement across tax brackets comparing 2 tax systems different, , rates applicable affected family circumstances.

has rates singles, married couples, , head of household. australia has flat rate tax applies irrespective of marital circumstances of taxpayer.

australia has separate system ensures non-working partner (if 1 staying home children) paid government allowance. allowance amount varies on circumstances e.g. how household earns, how many children there etc. allowance applies in cases both parties earn below amount , again related number of children , total income.

australia has 5 tax brackets compared 6 tax brackets applicable in usa , percentage rates , thresholds different between 2 countries. if wanted make comparison between 2 countries based on given salary without including of australian rebates , payments applicable families, links below:

http://www.ato.gov.au/individuals/conten...

http://en.wikipedia.org/wiki/income_tax_...



Business & Finance Taxes Australia Next



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