Birdwatch Note Rating
2024-01-29 00:06:51 UTC - HELPFUL
Rated by Participant: 5C5998E65A6FBBAF12E2D9811E2D76DA7325974D3A5B236EAE5D5713CF5CB9B4
Participant Details
Original Note:
Over one million taxpayers will be up to $4,500 worse off under this scheme, while static tax thresholds are expected to drag more people into higher tax brackets simply through inflation. This will result in significantly higher taxes over time. https://www.brisbanetimes.com.au/business/the-economy/why-all-politicians-want-to-use-bracket-creep-to-mislead-you-20240128-p5f0ie.html?ref=rss&utm_medium=rss&utm_source=rss_feed https://www.theaustralian.com.au/nation/politics/bracketcreep-tax-trap-looming-for-middle-aussies/news-story/240476e3fd976d7a5b04abd3caa0c39e
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