to be frank T1 is quite low.
37k means roughly 18Ksalary for husband and wife.
Take home of 37k minus tax and epf is roughly 25-27k /month.
T1, T20 and B40 Detailed Breakdown, Real Celery
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 May 16 2025, 10:42 AM
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May 16 2025, 11:11 AM
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#2
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QUOTE(kidmad @ May 16 2025, 10:57 AM)  why you want to break our bubbles.. 7k USD household income in US is B30, my guesstimate. So top 1% income in Malaysia is equivalent to Bottom 30% in US. That's why the government use percentile, cause this can give an impression that there is a lot of rich people in Malaysia. If they use absolute numbers, it will expose how relatively poor we are. So there are people here in /k who are not that good in mathematics/critical thinking who thinks T20 earns a lot and have to be taxed way more. I caught a few people in /k doing that. |
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May 16 2025, 11:51 AM
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#3
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QUOTE(Seralph @ May 16 2025, 11:25 AM) even ignoring PPP (which is important to compare incomes between countries), a quick google search shows US Median household income at USD6.6k per month. My point is it's not a lot for top 1%. It's not luxurious by any means.Very ironic that you are questioning people's mathematics/critical thinking. |
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