$0 – $6,000 - income tax = 17%
$20,001 - $50,000 - income tax = 30%
$50,001 – $60,000 - income tax =42%
Over $60,000 - income tax = 47%
these above rates do not include the Medicare levy of 1.5%. (Medicare is the Ov gov health system)
in my industry (software dev) US$60,000 is equavalent to...