no matter where you go
Dave Long
dl@silcom.com
Tue, 03 Sep 2002 13:04:22 -0700
> Another thing to note about Australia is that, while the highest income
> tax bracket (47%) isn't *that* high, it kicks in at around USD33,000.
and it looks like PPP for USD 33k is only
about USD 50k*, at least in Big Macs:
<http://www.economist.com/images/20020427/CFN751.gif>
Australia A$3.00 USD 1.62 -35%
US $2.49 USD 2.49
Switzerland SFr6.30 USD 3.81 +53%
Interestingly enough, although housing in
Perth seems cheap, housing in Switzerland
doesn't seem to be as expensive as the Big
Macs would imply.
-Dave
* which still doesn't sound bad, if one
can convert urban CA equity into free and
clear Oz ownership.