[LINK] Why so many of us think we're overtaxed

Damien Miller djm@mindrot.org
Tue, 25 Feb 2003 13:09:07 +1100


Craig Sanders wrote:
> On Tue, Feb 25, 2003 at 09:36:58AM +1000, Chirgwin, Richard wrote:
 >
> IMO, the tax brackets should be immediately adjusted to account for
> inflation since the early 1980s, and they should be *automatically*
> indexed every year to CPI.

No Australian political party would commit to that. "Bracket Creep" is a 
magic pudding that keeps on giving: additional funds relative to wage 
increases and the near-guarantee of being able to play hero and cut 
taxes ever decade or two.

-d