This is really nice news. I’ve been working my arse off trying to get out of an ever-chasing increase in costs. So it feels like every pay rise means I’m just back to where I was two years ago.
I feel like my income now is good enough to finally allow some savings once debts and other things are chipped away, and I was scared that now I finally have nostrils above water, I’d get slammed back down for “earning too much”. At that point, I’d just accept that my end of life years will be miserable and a total burden to tax payers because I never got the chance to breathe and prepare for life and health after work.
I need a break because I’m running out of critical time that’s normally used to prepare for senior years. I’ve already accepted working past retirement is a likely offsetethod for this.
Fuck aspirational voters. People with minimum wage jobs are being creeped into the next highest tax bracket with people making 119kpa, while struggling with rent, utilities and food price increases.
“[Shadow treasurer] Taylor refused to say whether Australians earning more than $150,000 deserved a tax cut…”
Very telling, don’t you think?
The internet cries “tax the rich” though. So albo is just following orders.
And yes, over 150k a year is indeed fine living.
But the standard news media is trying to make it seem like those poor struggling over 150,000 people got a really raw end of the deal.
Such a joke
Finally got the stones. Must be an election year…
$150,000???
That’s like 3x my income, that’s I could buy a house every 10 years money. Fuck that noise, people with that much don’t need a tax cut.
It depends on area as well.
I make ~150k total comp. I got the job during pandemic.
I got really close to affording a house, but then RTO happened so I had to move closer to the office. Around the same time house prices ballooned.
Rent within an hour of the office is now half my monthly income. In my case there are other bills involved as well. I am very fortunate I can save money right now l, but I don’t see every ten years being possible if things remain as they are today.
Hoping I can find a comparable job this year, somewhere cheaper, and happier to live.
Rent is way more than half my income. If I had an extra $100,000 a year I’d be set for life.
that’s gross remember. It’s defs good money but it’s 110k ish annually. If you’re on 50k gross you’re getting 44ish annually? so it’s 2.5 times your income.
Although a lot of people earning that much assuming they’re not sole income for a family can probs afford tax minimising shenanigans though.
Idk I earned 120 gross at one point supporting 2 people (myself and sick partner) and it was defs not have to worry about much money but not save for a house with 600 a week coming out for a shitbox with an outside dunny and a 40 minute commute by PT. Single person or DINK and you’re laughing though.
Oh ha, lmao I just posted this to news. Uhh mods clean up my post if that sort of duplication isn’t allowed.
Gotta say I’m happy, I’d rather see it dropped but that’s just not really politically possible so at least this way we’re not giving welfare to the rich in one of the lowest taxed OECD countries during a looming revenue crisis as boomers age into their hip replacements.
