this post was submitted on 22 Jan 2024
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35
Prime minister hints at expansion of stage 3 tax cuts to benefit lower-income earners (www.abc.net.au)
submitted 9 months ago by [email protected] to c/[email protected]
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[–] [email protected] -2 points 9 months ago (2 children)

Tough luck for being a hard worker. Changed jobs a few times and spent 18 months absolute cramming my life with studying etc to get a better job. And people wonder why we have people becoming landlords to get negative gearing to try and offset the high taxes.

Maybe lowering interest rates would be a better option here given that is what is causing the cost of living crisis as far as rent and mortgage. Has zero effect on cost of goods due to super profit greed.

[–] [email protected] 2 points 9 months ago* (last edited 9 months ago)

The elected government has little to no control over interest rate decisions.

[–] [email protected] 1 points 9 months ago

There's plenty of people that work very hard and get paid well under 150k. Not really a valid statement.

I personally don't see why they don't temporarily force more contribution into super. Would take money out of the economy and be beneficial to people..