GDG 0.76% $2.64 generation development group limited

Respectfully, what you have missed is that tax rates are not...

  1. 122 Posts.
    lightbulb Created with Sketch. 41
    Respectfully, what you have missed is that tax rates are not static. Yes inflation, will will result in salary increases over time however, this tends to come along with a corresponding increase in thresholds. As such that percentage remains relatively constant over time.

    if you need proof of this, feel free to peruse the historical marginal rates over time.

    https://www.ato.gov.au/Rates/Individual-income-tax-for-prior-years/
 
watchlist Created with Sketch. Add GDG (ASX) to my watchlist
(20min delay)
Last
$2.64
Change
0.020(0.76%)
Mkt cap ! $780.5M
Open High Low Value Volume
$2.62 $2.70 $2.60 $341.7K 129.4K

Buyers (Bids)

No. Vol. Price($)
1 1220 $2.64
 

Sellers (Offers)

Price($) Vol. No.
$2.75 10000 1
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
GDG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.