New analysis shows people who earn about $45,000 or $190,000 are the worst hit by bracket creep, the phenomenon that results in taxpayers being stung with higher rates over time.
Wage earners near top and at bottom hardest hit by bracket creep
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ABC News AU - PoliticsBy Tom CrowleyEXECUTIVE SUMMARY
New analysis shows people who earn about $45,000 or $190,000 are the worst hit by bracket creep, the phenomenon that results in taxpayers being stung with higher rates over time.
Key Takeaways
- Wage earners near top and at bottom hardest hit by bracket creep.
- New analysis shows people who earn about $45,000 or $190,000 are the worst hit by bracket creep, the phenomenon that results in taxpayers being stung with higher rates over time.
- New analysis shows people who earn about $45,000 or $190,000 are the worst hit by bracket creep, the phenomenon that results in taxpayers being stung with higher rates over time.
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Published originally on ABC News AU - Politics
