Comments by "" (@jmitterii2) on "Australian McDonalds Workers Paid Like No Worker In America Ever Has" video.

  1. I noticed this about Canada, Germany, France, and Japan. Their taxes are lower overall for the lower incomes-- under $60K gross income and less compared to the same income effective taxes in the US. I looked at some friends pay stubs in Germany, they have deductions as we do. But their less overall. I showed them mine-- Idaho State tax 7%, Federal tax withholding 20% (single no kids sucks to be me), medicare and social security 7.65%... just in taxes 34.65% withholding... then comes insurance LOL! Then 401K taking another 10%. Germany taxes are a bit closer for a single person at equal to $60K a year, but minus out the medical premiums, and most don't have a 401K, they contribute to a company pension program that's usually about 1% to 5% withholdings which is ontop of their government version of social security. Their version of medicare and social security is 19.35%, their version of federal income tax is 0% from 0.00 EU to 8,652EU then 14% from 8,653EU to 53,665 EU then from 53,666EU to 254,446EU is taxed at 42% for individual non married. Married, the brackets are doubled so most of the money up to 107,000 EU is taxed at 14%. That's all before deductions though. They have lots of deductions just as we do. Their total effective tax rate for a single person making equal to $50K taxable income (so they're talking about gross income of about $57K to $60K depending on how much you can stick into various retirement accounts as deductions as we have they have too) is about 30.45% as a single no dependents. US our taxes same $50K taxable income for federal is 16.59% + 7.2%(idaho state income tax) + 7.65% SS and medicare = 31.44% Then we pay additional 10% for 401k, then additional 9% for medical insurance premiums... just the premiums... Germany doesn't have deductibles and copayments on many things don't exist either. So Germany's 30.45% vs USA 31.44% on taxable income of $50K USD value on a single person. We pay about a percentage or two more in taxes, get less for it, and have to pay more for private medical insurance and bogus investment schemes. And so many fellow Americans wonder why other countries think we're all crazy idiots. The deductions they were stunned at were the taxes on top of that all the medical premimium deductions and 401K deductions and various health care saving accounts. They kept saying, you pay more than we do in taxes, but what does that get you? I always laughed and said roads? We have roads! Well I suppose its for our huge military LOL! That's when their eyes rolled, and they would ask, and how does that really help you? I told them, it helps keep the sea lanes open so they can offshore more jobs to China and other 3rd world countries LOL! http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Germany-Individual-Taxes-on-personal-income
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  2. Is that in $3.00 USD or Australian dollar? Just curious. The Australian dollar is less value currently than the USD... our oil money. But even $16 Australian dollars is $12.59 USD. That's still way more than our $7.25 USD an hour.. nearly twice more value. Our gas fluctuates quite a bit, we had at one point we had over $4.00 a gallon for gas, then with all the drilling and OPEC trying to make all our new fracking boom go bust, went down to currently $2.75 a gallon which is about 4 liters.
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  3. Automation at the pace isn't the biggest factor necessarily. Even looking at automation, a better wage is still needed, and with that automation that makes the worker more productive, it means more profitable thus it is even more possible to pay workers more.
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  4. That's similar to how Germany does it's wages; Germany doesn't have a flat min wage. Instead, a quasi government and trade union board negotiate wages per each type of trade type; setting various wage floors for various trades and time in trade.
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