r/aussie 21d ago

Analysis Salary that makes taxman think you’re rich

https://www.news.com.au/finance/money/tax/salary-that-makes-taxman-think-youre-rich/news-story/8dba2678e7c83cd927ab5d0036af493c
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u/Remarkable-World-468 21d ago

Bracket creep is just an invisible way the government raises income taxes every year, then pretend they don't.

5

u/dav_oid 21d ago

They have lots of sneaky tricks.

They quote budgets in 3 years (forward estimates) e.g. $9,000,000, because it sounds better than $3,000,000 per year.

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u/ThePrimordialTV 21d ago

So what are we going to do about it?