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Woz says 'Jobs started Apple for money' – then says it must pay 50% tax like he does

Voland's right hand Silver badge

He is an Australian resident for tax purposes (and actually on the way to naturalize as a cittizen). The amount he earns puts him into a bracket with a max 45% and effective 30-45% rate. Adding the health insurance levy and other taxes you probably get close to 50% - the maximum possible effective tax rate for an Australian resident. I doubt it is above 50% though.

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