The_other_fish to Australia · 5 months agoPrime minister hints at expansion of stage 3 tax cuts to benefit lower-income earnerswww.abc.net.auexternal-linkmessage-square19fedilinkarrow-up136arrow-down11
arrow-up135arrow-down1external-linkPrime minister hints at expansion of stage 3 tax cuts to benefit lower-income earnerswww.abc.net.auThe_other_fish to Australia · 5 months agomessage-square19fedilink
minus-squareDavidDoesLemmylinkfedilinkarrow-up2arrow-down4·5 months agoAustralia has one of the lowest top tax bracket ranges around. It makes sense to bump it from 180k to 200k.
minus-squareZagorathlinkfedilinkEnglisharrow-up1·5 months agoIt would make more sense to add a new top bracket at a higher rate, leaving the existing ones as they are.
minus-squareDavidDoesLemmylinkfedilinkarrow-up1·5 months agoWhat makes you think 47% is not high enough?
Australia has one of the lowest top tax bracket ranges around. It makes sense to bump it from 180k to 200k.
It would make more sense to add a new top bracket at a higher rate, leaving the existing ones as they are.
What makes you think 47% is not high enough?