The top income tax threshold of $180,000 has not risen since mid-2008 and would be more than $250,000 today if it was indexed to inflation.
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The Albanese government’s move to consider tweaking the $20-billion-a-year stage three personal income tax cuts has fuelled speculation that relief for high earners could be trimmed.
The top income tax threshold of $180,000 has not risen since mid-2008 and would be more than $250,000 today if it was indexed to inflation.
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Original URL: https://www.afr.com/policy/tax-and-super/how-much-tax-high-earners-are-really-paying-20240123-p5ezcr
