Tuesday Nov 28, 2023
The Stealth Tax
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Bracket creep chips away at living standards, especially those of younger generations, a new Issue Analysis by Centre for Independent Studies outlines.
The paper’s authors, Matthew Taylor and Emilie Dye, point out that Australia’s younger workers have the most to lose from bracket creep because bracket creep is regressive and hits harder for those earlier in their careers and making less money.
Read the paper here: https://www.cis.org.au/publication/bracket-creep-hits-young-australians-hardest/
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