For Brazil
Anual income - Quote - Amount to discount on current bracket
Up to R$ 22.847,76 - Isent -R$ 0
R$ 22.847,77 to R$ 33.919,80 - 7,5% - R$ 1.713,58
R$ 33.919,81 to R$ 45.012,60 - 15% - R$ 4.257,57
R$ 45.012,61 a R$ 55.976,16 - 22,5% - R$ 7.633,51
above R$ 55.976,16 - 27,5% - R$ 10.432,32
This means that let's say you make R$60k (12k USD) on a year after deducting how much you paid in retirement, social taxes, etc you would pay 15.6k in taxes.
Minimum wage in Brazil is about R$ 1.1k/month (14.6k/year) and average income is about 3k/month 40k/year. Which in dollars mean a minimum wage of 200-250USD and annual of 2.5-3kUSD.
Besides that income tax we have the product taxes that can go from like 15% on more essential things to 70% in things like tobacco.
In average brazil pay 45-55% of their income on taxes every year.
duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"
http://gamrconnect.vgchartz.com/post.php?id=8808363
Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"
http://gamrconnect.vgchartz.com/post.php?id=9008994
Azzanation: "PS5 wouldn't sold out at launch without scalpers."
