Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (656)	9/20/2005 2:58:19 PM
From: Moominoid	Read Replies (1) \| Respond to of 218042

In the Aussie press they just reference US federal personal income tax rates and ignore: 1. State tax (up to 8%+ in extra marginal tax) 2. FICA/Social Security tax (7% + extra on first $90k - employer pays the same amount and self employed pay twice) Then the corporate rate in the US is much higher than in Aus and there are no imputation credits etc. though long-term qualified dividends and capital gains are only now taxed at 15%. Then if you find too many loopholes they hit you with the AMT.