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Forum: South Asia and the Far East
10th Jun 2021, 05:49
Replies: 140
Views: 102,714
Posted By Phil.

The tax is not really 35% (deduction on the gross...

The tax is not really 35% (deduction on the gross of $478/month and $191 per dep). It works with brackets:
$217 taxed at 5%
$217 at 10%
$348 at 15%
$608 at 20%
$869 at 25%
$1,217 at 30%
Above...
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