Henry Tax Review Calcs - Aussie Stock Forums

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  1. #1

    Default Henry Tax Review Calcs

    My old man made this up, please cross check numbers, i havent cross checked yet.

    But do ya reckon they will be brave enough to push this through prior to the election, with by our calcs all workers over $50,000 worse off.


  2. #2

    Default Re: Henry Tax Review Calcs

    Henry has suggested that that the medicare levy and offsets should be incorporated into marginal rates so that would need to be taken into account when comparing his income tax rates to current (2010-11).


    That being said, a 35% tax rate from $25000 does seem a bit harsh.

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