Taxpayers earning under $150,000 would be better off under a plan to retain the 37% tax bracket, unwinding the Morrison government’s stage-three tax cuts due to come into effect this year
This is really nice news. I’ve been working my arse off trying to get out of an ever-chasing increase in costs. So it feels like every pay rise means I’m just back to where I was two years ago.
I feel like my income now is good enough to finally allow some savings once debts and other things are chipped away, and I was scared that now I finally have nostrils above water, I’d get slammed back down for “earning too much”. At that point, I’d just accept that my end of life years will be miserable and a total burden to tax payers because I never got the chance to breathe and prepare for life and health after work.
I need a break because I’m running out of critical time that’s normally used to prepare for senior years. I’ve already accepted working past retirement is a likely offsetethod for this.
Glad you feel like you’re getting a lifeline. It’s a crying shame how unequal our society is becoming again.
I just think it’s completely unacceptable that large numbers of us are looking at working till our bodies fail while a few get to jet off for international holidays every year or two. Imho minimum acceptable wage is a wage that allows someone to enjoy a bit of luxury without sabotaging their future and until there’s literally zero inequality to flatten out I just won’t accept the claims from rich people that there isn’t enough to go round.
This is really nice news. I’ve been working my arse off trying to get out of an ever-chasing increase in costs. So it feels like every pay rise means I’m just back to where I was two years ago.
I feel like my income now is good enough to finally allow some savings once debts and other things are chipped away, and I was scared that now I finally have nostrils above water, I’d get slammed back down for “earning too much”. At that point, I’d just accept that my end of life years will be miserable and a total burden to tax payers because I never got the chance to breathe and prepare for life and health after work.
I need a break because I’m running out of critical time that’s normally used to prepare for senior years. I’ve already accepted working past retirement is a likely offsetethod for this.
My retirement plan is literally to kill myself because I cannot afford it and will have no one to care for me.
Glad you feel like you’re getting a lifeline. It’s a crying shame how unequal our society is becoming again.
I just think it’s completely unacceptable that large numbers of us are looking at working till our bodies fail while a few get to jet off for international holidays every year or two. Imho minimum acceptable wage is a wage that allows someone to enjoy a bit of luxury without sabotaging their future and until there’s literally zero inequality to flatten out I just won’t accept the claims from rich people that there isn’t enough to go round.