longweekend58 wrote on Jul 24
th, 2010 at 4:07pm:
||Currently, by my latest calcs, those on around $175K are benefitting annually to tune of about the equivalent of the single rate of Aged Pension (comparing individual tax rates of FY11 with FY01). That's not a bad handout to the elite, for doing nothing new - and it certainly outweighs the recent changes to means-testing of Private Health Insurance Rebate and pissy indexation of FTB-A, eh!?
||
interesting but highly irrelevant esp since you arnt using CPI-adjusted figures.
LOL, Longy...feel free to try to explain your position, by CPI and/or comparing minimum, median and average wages from each of the
relevant tax years - but, you will find that: by no objective measure, have the changes in tax thresholds and rates progressively reflected changes in living costs or incomes in Australia, over the past decade or quarter century - FACT! Those changes have been cynically based on elitist dogma and/or political convenience - FACT!
Either way, be sure to also justify same in the equally relevant context, of the Libs' (and Mellie's) confected outrage over post-2007
FEDERAL BUDGET DEFICITS and
DEBT, ta!