Labor have increased taxes the most of any OECD country, bunch...

  1. 21,521 Posts.
    lightbulb Created with Sketch. 258
    Labor have increased taxes the most of any OECD country, bunch of thieves imo.

    "Working Australians suffered the biggest increase in average tax rates in the developed world with the end of the low- and middle-income tax offset and bracket creep, just as an unusual mix of petrol, cooking oil, bread and insurance combined to drive up the cost of living.
    Data released today by the Paris-based Organisation for Economic Cooperation and Development, as part of its annual snapshot of global personal income tax systems, revealed Australians endured a 7.6 per cent increase in their average tax rates in 2023. "

    " The second-largest increase in the developed world, of 4.5 per cent, was experienced in New Zealand.
    Single people on two-thirds of the average income, about $67,000, are now paying 20.2 per cent of their wage in tax, a 17 per cent jump on their tax burden in 2022. It is the highest tax hit on this group since the early 2000s."

    https://www.brisbanetimes.com.au/national/australia-news-live-australians-flattened-by-biggest-tax-increase-in-world-states-demand-extra-12b-for-schools-20240426-p5fmps.html

    All this with massive rising inflation on cost of goods because our government spends and borrows way too much, our government is the biggest source of demand in Oz.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.