4 ms·
you're not comparing apples and apples - NZ doesn't have state taxes, you at least need to include those. When I lived in the US (up until 2004) my top margina
by Taniwha 6y ago
you're not comparing apples and apples - NZ doesn't have state taxes, you at least need to include those.
When I lived in the US (up until 2004) my top marginal rate was 33% plus 9.5% (CA) state tax, in NZ it is 33% - sales taxes are different (higher in NZ).
The govt paid workers through their businesses - but the amount paid was based on the payrolls - that money went to the workers.
- refurb 6y agoYeah, but the 33% US federal bracket kicks in at $200k versus $70k in NZ. But sure, if you take the highest tax states in the US the difference isn’t that great. But compare it to say WA (no state tax) and it’s a big difference.