this post was submitted on 16 Jan 2024
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The Albanese government can absolutely go fuck itself. People earning $200,000 and over to get tax cuts equaling to $9000 a year, while low income workers get a measley $125 a year in tax cuts. Doing absolutely fuck all about the cost of living crisis while they're at it. Can't believe I voted for these useless pricks.
"In 2024–25, the Government will simplify and flatten the personal tax system by abolishing the 37 per cent tax bracket entirely. Australians earning more than $41,000 will only pay 32.5 cents in the dollar all the way up to the top marginal tax rate threshold that will be adjusted to $200,000."
This is actually great for me and a lot of people who aren't on 200k+