The “Why work eight hours on Friday and get paid for four” mindset is creeping in as more than triple the number of taxpayers jump into the top tax bracket.
People on higher incomes will run into tax bracket creep faster under Labor to shield average workers from a rise in their average tax rate for six years.
Viewers of the ABC’s Media Watch got a false impression of the Australian Financial Review’s coverage of the Queensland government’s now-abandoned land tax changes.
A land tax of 0.1 per cent imposed on mainly wealthier and older property owners is the best way to repay about $500 billion of COVID-19 debt, a study says.