There’s a sneaky way taxes are creeping up. But that might be OK
The article discusses the concept of bracket creep, where rising incomes push individuals into higher tax brackets without real gains in purchasing power. It highlights the political implications of this phenomenon, particularly how politicians may promise tax cuts that merely offset the effects of bracket creep. The author reflects on the idea of adjusting tax brackets for inflation and considers the complexities involved in such a proposal.
- ▪Bracket creep occurs when income rises with inflation, leading to higher tax brackets.
- ▪Higher taxes without real income growth can feel unfair to taxpayers.
- ▪Adjusting tax brackets for inflation could be a sensible solution to bracket creep.
Sydney Morning Herald publishes from Australia and files mainly under world. We currently carry 3,705 of its stories.
Story provenance
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Story provenance
Attribution is not the same as permission. This drawer separates discovery metadata, excerpts, WeSearch-generated summaries, reuse status, and whether the publisher receives the visit. Nothing here claims a legal grant the publisher has not made.
Record
| Original publisher | The Sydney Morning Herald |
| Canonical URL | https://www.smh.com.au/business/the-economy/there-s-a-sneaky-way-taxes-are-creeping-up-but-that-might-be-ok-20260528-p601mx.html?ref=rss&utm_medium=rss&utm_source=rss_feed |
| Publication time | Fri, 29 May 2026 06:00:00 +1000 |
| Retrieval time | 2026-05-28T20:05:07.625Z |
| Last seen | 2026-05-28T20:05:07.625Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | 93_qToL5oNX3 |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-05-28T20:00:00Z","datePublished":"2026-05-28T20:00:00Z","description":"Opposition Leader Angus Taylor might be onto something when it comes to bracket creep. But it’s not as simple as we might think.","headline":"There’s a sneaky way taxes are creeping up. But that might be OK","keywords":"Income tax, Just in, Opinion, For subscribers, Peter Dutton, Angus Taylor","author":[{"@type":"Person","name":"Millie Muroi","jobTitle":"Economics…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.