By Bert Hetebry
Headlines repeated the line endlessly, the cost-of-living crisis, again, again and again, ad infinitum.
So real action is taken to address the cost-of-living crisis on a number of fronts, but the main measure was to make amendments to the stage 3 tax cuts which were to come into effect on 1 July.
Need we go through it again?
All people who earn money will pay less tax from 1 July 2024.
Easy. Good, fantastic.
The Australian Industry Group has asked the fair Work Commission to include the effect of the tax cuts when considering the size of the next wage decision.
How grossly unfair that a person struggling to pay rent and buy essentials should not only pay less tax, but should the fair work commission deem that because of the impact on inflation, they should also get a pay increase. HOLY MOLEY!
At the same time those earning around $190,000 per year are still going to pay less tax and get the CPI increases or whatever protection they enjoy in their employment contract, and we are told by the National’s leader, David Littleproud that the tax cuts are nothing less than class warfare.
Try telling someone struggling on the minimum wage that an income of $190.000 a year is not a lot. The minimum wage is $23.23 per hour, $882.80 per week, $45,905.60 a year, less than a quarter of $190,000. According to Mr Littleproud his constituents earning around $180,000 to $190,000 are doing it tough and should get the tax cuts under the original stage 3 legislation. He does fail to point out that they will be getting a slightly reduced tax cut, about four time in dollar terms that of a person on the minimum wage. besides, the lower income earners got tax cuts under stages 1 and 2 of the tax system and should be happy and stop bleating about the rent increases, mortgage increases, price of groceries and the cost of a beer.
That’s what it is! Nothing but class warfare!
Again we see that politics is being played with empty rhetoric, slogans that imply something good is really something bad.
Like what we do at The AIMN?
You’ll like it even more knowing that your donation will help us to keep up the good fight.
Chuck in a few bucks and see just how far it goes!
Your contribution to help with the running costs of this site will be gratefully accepted.
You can donate through PayPal or credit card via the button below, or donate via bank transfer: BSB: 062500; A/c no: 10495969