USA,UK, Australia- Which of the countries have low tax on their people's?

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USA,UK, Australia- Which of the countries have low tax on their people's?

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Shreyansh Agarwal 26th Jul, 2019

IN comparing all these countries, namely the US, UK and Australia.

INCOME TAX TABLE FOR USA ==

FEDERAL TAX BRACKETS 2018 – 2019
Single Filers	Tax Rate
$0 – $9,525	10%
$9,526 – $38,700	12%
$38,701 – $82,500	22%
$82,501 – $157,500	24%
$157,501 – $200,000	32%
$200,001 – $500,000	35%
$500,001+	37%

INCOME TAX TABLE FOR UK==

Band	Taxable income	Tax rate
Personal Allowance	Up to £12,500	0%
Basic rate	£12,501 to £50,000	20%
Higher rate	£50,001 to £150,000	40%
Additional rate	over £150,000	45%

INCOME TAX TABLE FOR AUSTRALIA ==

Resident tax rates 2019–20

Taxable income	Tax on this income
0 – $18,200	Nil
$18,201 – $37,000	19c for each $1 over $18,200
$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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