Hashtag
The Times

that's how we tax income from savings

  • Written by Robert Breunig, Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
that's how we tax income from savingsShutterstock

We’re told Australia has a progressive tax system – the more you earn, the higher the rate.

And that’s certainly the case for earnings from wages. An Australian on A$35,000 sacrifices 21 cents out of each extra dollar they earn whereas an Australian on $90,000 sacrifices 39 cents.

That’s how it’s meant to be...

Read more

More Articles ...

  1. New Zealand's White Island is likely to erupt violently again, but a new alert system could give hours of warning and save lives
  2. books can be triggering, but difficult texts teach us resilience, too
  3. Why COVID-19 might not change our cities as much as we expect
  4. The compromise that might just boost the JobSeeker unemployment benefit
  5. COVID-19 could see thousands of women miss out on having kids, creating a demographic disaster for Australia

Health & Wellness

What to Look for When Choosing a Dental Clinic Melbourne Patients Can Rely On

Hashtag.net.au - avatar Hashtag.net.au

Look at the Range of Dental Care Available Choosing a dental practice is easier when patients can access different types of care in one place. A dental clinic Melbourne patients visit may provide gen...

What Do Clinical Teams Need from Their Surgical Supply Partners?

Hashtag.net.au - avatar Hashtag.net.au

In clinical settings, surgical supply partners aren’t just vendors. They sit quietly behind the scenes of operating lists, specialist consultations, treatment rooms and recovery workflows. When they...

The Growing Focus on Communication Development in Children

Hashtag.net.au - avatar Hashtag.net.au

The early developmental years of a child's life represent a critical window for neurological growth, behavioural shaping, and language acquisition. During this formative phase, the ability to interpre...

hacklink casinos not on gamstopcasinos not on gamstopiptviptvnon gamstop casinozlibraryzlibraryz-libraryankara escortMeritbetdeneme bonusu veren sitelerHitbetvippark kayıtPadişahbetjustin tvGalabetviljo kasinotSahabetjojobetjojobetjojobetviljoGalabetpornoPadişahbetzimpler kasinotGalabet1xbetjojobetcasibomcasibomjojobettaraftarium24holiganbet