Top tax brackets in various nations

Australia                                          45% over $180,000

Canada  (New Brunswick)         29% over $132,406.  Each province adds over 10% in income taxes

England                                            42.5% over $244,000

France                                                75% over $1,320,000

German                                              45% over approximately $330.000

Singapore                                          20% over $320,000

United States                                   35% likely returning to 39% over undetermined amount, likely $500,000

Most European nations and Canada also have Value Added Taxes which add considerably to the overall tax burden.

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