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Stage 3 stacks up: the rejigged tax cuts help fight bracket creep and boost middle and upper-middle households

  • Written by: Ben Phillips, Associate Professor, Centre for Social Research and Methods, Director, Centre for Economic Policy Research (CEPR), Australian National University
Stage 3 stacks up: the rejigged tax cuts help fight bracket creep and boost middle and upper-middle householdsShutterstock

The winners and losers from the Albanese government’s rejig of this year’s Stage 3 tax cuts have already been well documented.

From July 1 every taxpayer will get a tax cut. Most, the 11 million taxpayers earning up to A$146,486, will also pay less tax than they would have under the earlier version of Stage 3, some getting a...

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