Australia

On Tue, 28 Dec 2004 17:58:57 UTC, (Badwater
Bill) wrote:

On Mon, 20 Dec 2004 09:52:18 +1100, "smjmitchell"
wrote:

The top personal tax rate is lower than 40% and you only pay it on the
part of your income above a certain threshold, so no-one is paying
40%.

This is incorrect. Our top personal tax rate is 47% you pay that on anything
over approx $50K. I for one definitely pay more than 40% of my total income
in personal income tax. The same would go for any other professional unless
they are cooking the books.


My correction (in two different posts) doesn't seem to have showed up
- I was misremebering it and quoting the coproate rate which is now
30%.

However in the last tax year to have paid over 40% in income tax you
would have had to have had a taxable income of something like 180,000
and this tax year it would be 200,000. Most people on that sort of
income+ spend some of it on accountants etc to lower their tax bill.


That's what I thought. I talked to a lot of people who claimed they
paid much more than 50% of everything they earned when including GST.

It is certainly possible for the sample you would most likely
encountered - aviation is not a poorman's hobby in Australia.

Bill

Chris
--

On Tue, 28 Dec 2004 17:59:40 UTC, (Badwater
Bill) wrote:

On Wed, 22 Dec 2004 18:00:57 +1100, jc wrote:

Chris Lasdauskas wrote:

snip

The top personal tax rate is lower than 40% and you only pay it on the
part of your income above a certain threshold, so no-one is paying
40%. Yes we pay GST, but previously we paid sales taxes which it
replaced so the result is about the same. On the up side we don't pay
state taxes like the US seem to do. If you find a study comparing
international tax rates - where all taxes, levies, stamp duties etc
are included, you'll find that Australia is in the lower part of total
tax range, probably (though I am going from memory here) lower than
what some parts of the US pay.

What country are you in - certainly not Australia

http://www.ato.gov.au/individuals/co...u=5053&mfp=001

shows

Over $70,000

$18,612 plus 47c for each $1 over $70,000

At the point that you start paying 47c on your next dollar earned
($70,0001) the average you are paying is only 26.6% (18612/70000)

The above rates do not include the Medicare levy of 1.5%.

Which is a compulsory health insurance collected through the tax
system.


As I said above, I thought this was correct. Thanks for backing it up
for us.

BWB
Chris
--

We host the fellow and then he denigrates our country! If it was a
dictatorship we could ban the ill-mannered windbag from entering again.
Albert

Badwater Bill Dec 17, 7:39 pm Subject: Australia
Your government is half way between a democracy and a dictatorship blah
blah ..
BWB

We host the fellow and then he denigrates our country! If it was a
dictatorship we could ban the ill-mannered windbag from entering again.
Albert

Badwater Bill Dec 17, 7:39 pm Subject: Australia
Your government is half way between a democracy and a dictatorship blah
blah ..
BWB

On Fri, 31 Dec 2004 06:07:29 UTC, wrote:

We host the fellow and then he denigrates our country! If it was a
dictatorship we could ban the ill-mannered windbag from entering again.
Albert

Badwater Bill Dec 17, 7:39 pm Subject: Australia
Your government is half way between a democracy and a dictatorship blah
blah ..
BWB


Now, now, Albert, you have to remember he's a septic. They think
everything is better there and that their model is democracy, so
anything different isn't.

I know you and I would find it puzzling that a person can get elected
'president' by less than half the people voting at an election,
especially when only about 30% of the electorate even bother to vote,
and we might might feel the need to point out the dictatorial aspects
of said 'president' being able to declare war on the rest of the world
without first getting approval from a parliament, let alone the
populace, his use of propaganda to control public sentiment ... but
we must constrain ourselves and remember that they don't know any
better.....


Chris

besides which, he has a point - I mean, John Howard!
--

wrote:
We host the fellow and then he denigrates our country! If it was a
dictatorship we could ban the ill-mannered windbag from entering
again.
Albert

Badwater Bill Dec 17, 7:39 pm Subject: Australia
Your government is half way between a democracy and a dictatorship
blah
blah ..
BWB
You don't understand, Albert. He feels the same way about America.

"Chris Lasdauskas" wrote in message
news:mPcurcJnILSl-pn2-ZXPFVu33yGSI@localhost...
On Fri, 31 Dec 2004 06:07:29 UTC, wrote:

We host the fellow and then he denigrates our country! If it was a
dictatorship we could ban the ill-mannered windbag from entering again.
Albert

Badwater Bill Dec 17, 7:39 pm Subject: Australia
Your government is half way between a democracy and a dictatorship blah
blah ..
BWB



Albert

Allow another American to apologize on behalf of most of the rest of us. In
Bill's defense though - that was the politest I've ever seen him ;^}.

As for Australia's political system - You have a "Parliamentary Democracy" -
we have a "Republic". Both have their good and bad points. And both look
better than the other to their own.

What really puzzles us, as Americans, is the economic system. Socialism will
lose to Capitalism every time...I suspect that's what Bill meant.

Ron Webb wrote:
"Chris Lasdauskas" wrote in message
news:mPcurcJnILSl-pn2-ZXPFVu33yGSI@localhost...

On Fri, 31 Dec 2004 06:07:29 UTC, wrote:


We host the fellow and then he denigrates our country! If it was a
dictatorship we could ban the ill-mannered windbag from entering again.
Albert

Badwater Bill Dec 17, 7:39 pm Subject: Australia
Your government is half way between a democracy and a dictatorship blah
blah ..
BWB



Albert

Allow another American to apologize on behalf of most of the rest of us. In
Bill's defense though - that was the politest I've ever seen him ;^}.

As for Australia's political system - You have a "Parliamentary Democracy" -
we have a "Republic". Both have their good and bad points. And both look
better than the other to their own.

What really puzzles us, as Americans, is the economic system. Socialism will
lose to Capitalism every time...I suspect that's what Bill meant.


Why the hell do people do that? You probably don't speak for anyone here.

Ron,
I've lived and worked in the U.S. and was in the Australian army in
Vietnam and was in locations where I faced the enemy with U.S. troops
so I know American characteristics well. They are generous and open
people - just like most people around the world when you get to know
them.
There's no excuse for publicly badmouthing another man's country as
Bill did.
Cheers,
Albert

Ron Webb wrote:
Albert

Allow another American to apologize on behalf of most of the rest of
us. In
Bill's defense though - that was the politest I've ever seen him ;^}.