Birdwatch Archive

Birdwatch Note Rating

2024-01-29 04:30:10 UTC - HELPFUL

Rated by Participant: 5F0499B4EA396B8B872FC334009AC602A91C0E4C1BEEBCBEB495EFE725D6AC19
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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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