Only 5% of households (and fewer individuals) have incomes of...

  1. s8
    7,757 Posts.
    Only 5% of households (and fewer individuals) have incomes of $150,000 per year.

    $150,000 is generally the level for the cut off of most benefits from the budget last night.

    So, only the most wealthy in society will be impacted.

    Some are saying that the income levels are still too high for the purposes of determining benefits.
 
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