Analysis by the Centre for Independent Studies (CIS) shows people earning more than $224,000 a year were “under-compensated for bracket creep” under both the Coalition’s original stage 3 tax cuts and Labor’s revised version. The CIS findings are at odds with claims that both sets of tax cuts favoured high-income earners. Matthew Taylor from the
The post Bracket creep chews through Stage 3 tax cuts appeared first on MacroBusiness.