Comment on Group rationality diary, 7/9/12

Tue, 10 Jul 2012 16:56:46 GMT

Significantly reduced. Not sure if residency differs from citizenship, but the first $18,000 you earn is tax-free, then 19% between 18,000 and 37,000, then 32% up to $80,000 (followed by 37% up to 180,000 and 45% from there on). Source

This averages out to something like 7.5% overall? Pretty decent! What's involved in becoming a resident?

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