HomeSample Page

Balanced News: Sample Page Title

Our 'quick read' news summary

Low-income earners in Australia are set to benefit from changes to the stage three tax cuts, as part of a new plan to be presented to the federal cabinet. The proposed changes would abolish the $120,001-$180,000 tax bracket and tax those earning between $45,000 and $200,000 at 30%, instead of the current range of 32.5% to 45%. The top tax bracket may also be lowered to $180,000, with the saved funds being redistributed to lower-income earners, potentially through an increase in the tax-free threshold. All taxpayers would receive a tax cut if the plan is approved.

Read different perspectives from these news sources

Searching for related articles, please check back here later!

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

More top reads from Balanced News Summary

Do you agree with this post's rating?
- Advertisment -
- Advertisment -