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65: Don’t Rain On My Pride Parade

Serious Danger

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A 30% Tax Rate Is Still 17% Lower Than a Marginal Tax Rate

The changes will come in on the 1st of July 2025, and they won't be indexed to inflation. Over time, more super accounts will be drawn into paying the 30% tax rate. This will eventually get us to $2 billion a year in extra revenue. The debt, the debt of the 52 billion. Well, at least we'll have some money to crack down on the debt and deficit legacy left to us by the Morrison government.

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