Originally posted by tl47
Hmm... be careful there... you might have proved yourself wrong! The GP gets $100k after required bills... but note that the article itself differentiates the required cost and the taxes. If you take 47% tax off the total (before required costs), you are talking about a very low net income!
For example, a statement like the following:
I.e. the income in the table in the article is pre-tax. Elsewhere, someone stated the tax cap (above $70k would be there for sure) would be 47%. If that is true, then in the table, the bottom half (and a bit more) would be earning $80k or less... especially if converted to USD.
I think this article is not very well written. Too many loose terms and numbers thrown in, and the article can probably be summarised in less words, and in a direct way for people to get the facts immediately.
Unless of course, everyone is thinking of pretax anyway. Apologies if that. Here's an anecdote: garbage collectors in Chicago apparently earns $80k (USD) /year... they were on strike last year. So there, maybe doctors ought to earn more. But on the other hand, garbage collectors don't make as many mistakes on their job that costs lives, unlike those terrible, stupid @#$@#% doctors out there who makes idiotic mistakes all the time who deserves to be spanked with lawsuits and >$100k liability insurance.
P.S. I'm being sarcastic.