Birdwatch Archive

Birdwatch Note Rating

2024-02-27 16:32:21 UTC - HELPFUL

Rated by Participant: 2DC984EE1C4C2CEDDDF4CDA8084858086C0632EC6279E1F727BE0A3DB57016E9
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Original Note:

Previous Stage 3 tax cut was set to scrap the 37c tax rate entirely for medium to high earners, but the Albanese change will now retain that rate. Under the Labor proposal, earnings between $135,001 and $190,000 will be hit for 37c in every dollar, meaning people keep less. https://www.theaustralian.com.au/nation/politics/frontline-workers-will-be-longterm-losers-under-labors-tax-cuts/news-story/21396b28d6c204695661bb3b40a10047 https://www.adelaidenow.com.au/business/terry-mccrann-why-tax-ir-changes-will-hit-middle-australia/news-story/54311f92a69e24215fdb00f52e199067

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