We need tax rate indexation to reduce the impacts of bracket creep
25/04/2025
All political parties are aware of bracket creep and Governments of all persuasions have come to rely upon it as a means of “least resistance” revenue raising. The most galling thing is their pretence that the return of a proportion of this stealth tax represents a genuine tax cut for which we should be grateful! Introduction The Government has given us all a pre-election tax cut of miniscule proportions , so we should all be grateful, not really, this so-called
