Article 5W71N Men on high incomes to take lion’s share of Coalition’s $184bn tax cuts, analyses find

Men on high incomes to take lion’s share of Coalition’s $184bn tax cuts, analyses find

by
Peter Hannam
from World news | The Guardian on (#5W71N)

Government's trickle down disaster' will further entrench inequality between men and woman, Greens say

Tax cuts planned to take effect in 2024-25 are highly regressive and would pay male beneficiaries twice as much as women, separate analyses by the Australia Institute, the Greens and the Australian Council of Social Service have found.

The so-called stage-three tax cuts will remove the 37 cents in the dollar tax bracket, lower the 32.5 cent bracket to 30 cents, and raise the top tax bracket to start at $200,000 compared with $180,000 now. All up, the cuts will cost about $184bn over the first decade, the groups said.

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