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IN comparing all these countries, namely the US, UK and Australia.
INCOME TAX TABLE FOR USA ==
INCOME TAX TABLE FOR UK==
INCOME TAX TABLE FOR AUSTRALIA ==
Taxable income
Tax on this income
0 – $18,200
Nil
$18,201 – $37,000
19c for each $1 over $18,200
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$37,001 – $90,000
$3,572 plus 32.5c for each $1 over $37,000
$90,001 – $180,000
$20,797 plus 37c for each $1 over $90,000
$180,001 and over
$54,097 plus 45c for each $1 over $180,000
NOW BY COMPARING ALL THESE, FOR LOW-INCOME PEOPLE, ( LESS THAN 15000 USD) AUSTRALIA AND UK WILL BE PREFERRED
FOR WEALTHY PEOPLE( INCOME ABOVE USD 100000) USA SHOULD BE THE PREFERENCE
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