Why hasn't the MLS income threshold risen in over 7 years?
Static tax thresholds are a tax on the poor.
It also encourages people to sign up for "phantom" (bare minimum) private insurance packages that they don't plan to use and its only purpose is to evade the MLS.
Reckon maybe some MPs have some "vested interest" in private insurance companies? Like they do with negative gearing and investment properties…
These levy thresholds should be tied to CPI to be fair for everyone.
Anyway to lobby for this to get changed?