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The left don't understand the most simple of economics. Don't...

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Josh1993

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24/01/24

00:02

Post #: 72032293
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Originally posted by Raphius: ↑

Another broken promise. Stage 3 is essentially returning more of your own money that has been eaten away over years of inflation and bracket creep, good policy would be indexing the brackets as well as tax free threshold (this is designed as a class struggle to stop debate about this happening). Index both and be done with it. But this gives the government more tax revenue (your money) by stealth (time value of money/inflation) so they keep people arguing against themselves instead of implementing indexation. People whinging that it favours the high earners also forget that they pay the most tax, which pays for all these services. And of course they they will get more back, they earn more, it's all relative.

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The left don't understand the most simple of economics. Don't worry, most on this forum do, because those on the left generally don't have investments, they want to steal yours. (you already jave heaps haha stop being so greedy lol)
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