Australia records biggest income decline in the developed world, page-47

  1. 18,707 Posts.
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    We are getting rid of tax bracket i think with stage 3 tax cuts...but the cuts will mainly benefit those who already are earning the most...yes i will benefit from stage 3 tax cuts.

    Do i think its good for society, not really, is it good for me personally, yes.

    Id rather a fairer society than me getting richer

    "Stage 3 tax cuts will see all taxpayers see a reduction in their tax rates. Those earning between $45,001 and $120,000 will see a reduction of 2.5 points in their income tax rate, while on the other end of the scale, high income earners will benefit the most with a difference of up to 15 points."
 
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