stealth tax rises are eating into your income – but we know the solution
- Written by Richard Holden, Professor of Economics, UNSW Sydney
shutterstockA curious feature of the Australian tax system is “bracket creep”. Taxpayers whose income climbs by no more than prices (inflation) get no increase in their living standards. Instead, they see more and more of their income pushed into their highest tax brackets, or to even higher tax brackets.
It means the government’s...
Read more: stealth tax rises are eating into your income – but we know the solution
