Originally posted by rememdium
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The $7000 tax cut will allow me to pay down my debt faster. I will make sure it does not go back into the economy. Then once I get my home loan down lower I wil buy another home, thus making it harder for new buyers to enter the market.
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Ahh yes! isn’t life at the top end great. The top 20% are laughing($7000 in cuts)Table 2. PERCENTAGE DISTRIBUTION OF EARNERS, SELECTED WAGES AND SALARIES INCOME RANGES, AUSTRALIA, 2010-11
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
0
1
Region $0 to less than $15 600(a)
$15 600 to less than $31 200
$31 200 to less than $52 000
$52 000 to less than $78 000
$78 000 and over
2
%[/SIZE][/B][/RIGHT]
%
%
%
%
3
4
New South Wales 17.7
17.1
25.0
20.5
19.7
5
Greater Sydney 16.9
16.3
24.0
21.2
21.7
6
Rest of NSW 19.3
18.8
27.0
19.0
15.8
7
Victoria 18.4
17.5
26.2
21.1
16.8
8
Greater Melbourne 17.6
16.9
25.7
21.7
18.2
9
Rest of Victoria 21.0
19.6
28.0
19.4
11.9
10
Queensland 18.1
17.3
26.5
21.0
17.0
11
Greater Brisbane 17.0
16.2
26.2
22.6
18.0
12
Rest of Queensland 19.2
18.4
26.9
19.5
16.0
13
South Australia 18.4
18.0
28.4
21.2
14.0
14
Greater Adelaide 17.5
17.5
28.4
21.9
14.7
15
Rest of South Australia 21.8
19.9
28.3
18.7
11.3
16
Western Australia 17.5
16.3
22.2
20.1
23.9
17
Greater Perth 17.2
16.0
22.2
20.8
23.8
18
Rest of WA 19.0
17.3
22.0
17.7
24.0
19
Tasmania 19.8
18.9
29.3
20.4
11.6
20
Greater Hobart 18.8
17.7
28.7
21.7
13.1
21
Rest of Tasmania 20.7
19.9
29.8
19.3
10.3
22
Northern Territory 14.3
15.0
24.1
25.6
21.1
23
Greater Darwin 12.8
14.5
23.8
26.8
22.0
24
Rest of NT 18.0
16.2
24.7
22.4
18.7
25
Australian Capital Territory 14.4
12.6
19.1
25.3
28.6
26
Australia(b) 18.1
17.2
25.4
20.9
18.5
http://www.abs.gov.au/ausstats/[email protected] /mf/5673.0.55.003
