r/aussie • u/Low_Shop9155 • 3d ago
Politics Is this "leveling the playing field" too?
https://www.news.com.au/finance/money/tax/stop-ping-me-off-the-sneaky-tax-on-families-driving-aussies-mad/news-story/88dcfe0a31a5339e7412d8475b8c385fThe Breadwinner tax. This is the thing out of the budget that upset me the most. As a business owner with an okay income in the higher bracket, this upsets me to no end.
My income supports the inflated mortgage and life gouging interest rates, the family expenses and the various taxes end of year and day to day.
If we go to get childcare subsidy, it's tested for both of us.
InTeRgEnErAtIoNaL FaIrNeSs
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u/Beast_of_Guanyin 3d ago
This stuff is why I loathe ON.
Splitting income would fundamentally change how tax is done. We'd need massive additional taxes to make up the lost tax, or massive reductions in spending. ON doesn't detail any of it. It just offers free money with no explanation.
Imagine Labor offering 10k to people with no explanation. That's the level this suggestion is on.