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Airbus Albo reported to be getting ready to renege on stage 3 tax cuts, page-319

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Hinchinbrook

26,029 Posts.

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25/01/24

07:27

Post #: 72054949
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Originally posted by nugget_hunter: ↑

oh look mate i understand the reasons for the progressive tax. what drives me mad is the rhetoric that making someone earning 175k pay the same % of income tax as someone making 85k is "grossly unfair".

stage 3 is called stage 3 since the 37c bracket was already adjusted in stage 2 to help middle income. people seem to have conveniently forgotten about stage 1 and 2 when they bemoan the s3 cuts.

i dont see how it cant be described as fair to tax income the same for all. i dont get extra services for dipping into the 45c bracket. the 30c bracket made a lot of sense imo, i would still be paying substantially more tax then those at the lower end, but in a justifiable way (imo of course)

if a cafe/mechanic/tradie/hairdresser charged extra for people on higher income, would you consider that fair? of course not, as they are receiving the same product.

I think its ok to acknowledge the tax set up is unfair by definition, but still defend it as necessary. s3 would have helped with fairness to a degree

cheers mate

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Make up your mind..... You CANT have it BOTH ways....LOL

Originally posted by Josh1993: ↑

Your line seems to be in the wrong spot? Anyone over 145k is at a loss?

Expand

How many in THIS room would earn over $145k per annum???

Come On....BE Honest!

If you chat all day, its a strange way to earn an Income and it IS INCOME Tax to which we are referring.
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