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Lowest paid to suffer the most from bracket creep

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Lowest paid to suffer the most from bracket creep
Photo / Coverage: Sydney Morning HeraldCredit: Shane Wright
EXECUTIVE SUMMARY

Bracket creep is likely to wipe out half of your pay increases over the next decade unless changes are made to the tax system.

Key Takeaways

  • Lowest paid to suffer the most from bracket creep.
  • Bracket creep is likely to wipe out half of your pay increases over the next decade unless changes are made to the tax system.
  • Bracket creep is likely to wipe out half of your pay increases over the next decade unless changes are made to the tax system.

Bracket creep is likely to wipe out half of your pay increases over the next decade unless changes are made to the tax system.

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Published originally on Sydney Morning Herald

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