this post was submitted on 16 Jan 2024
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"In 2024–25, the Government will simplify and flatten the personal tax system by abolishing the 37 per cent tax bracket entirely. Australians earning more than $41,000 will only pay 32.5 cents in the dollar all the way up to the top marginal tax rate threshold that will be adjusted to $200,000."
This is actually great for me and a lot of people who aren't on 200k+