Minns must lead the way to curb bracket creep
NSW Premier Chris Minns has criticized the federal government for not addressing bracket creep, which increases taxation and reduces disposable incomes. However, he faces criticism for his own government's failure to adjust the tax-free threshold for payroll tax. To effectively call out the federal government, Minns needs to take action on this issue himself.
- ▪Premier Chris Minns has pointed out the federal government's inaction on bracket creep.
- ▪Critics argue that Minns' government has not indexed the payroll tax threshold to inflation or wage growth.
- ▪There are concerns that Minns may be prioritizing his popularity ahead of the upcoming NSW election.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.