No need, if you vote Labour you can keep all your public holidays, rest breaks, employment rights and can retire at 65, rather than 67.
There's plenty of incentives without adding in new goodies.
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Income tax cuts without higher tax elsewhere, or govt spending and public services cuts, are not necessarily a good thing. The right wing ideologues in the UK tried that, and their beloved "free market" showed them what it thought. The British people then ended up with no tax cuts yet suffered fewer public services, and even higher interest rates.
The bracket creep over the last few years means we are literally getting income tax increases each year. It is getting ridiculous that an average salary for a person 2-3 years out of Uni is hitting the top tax rate, the one introduced to "tax the rich".
Even worse is the fact that someone working full time on the minimum wage and a few hours of OT a year, is about to hit the 30% tax rate.
So maybe it is time to seriously cut out wastage in the system and there is plenty to select from.
Balance is the Majorie Taylor Greene of ShareTrader. "LIAR!"
https://www.youtube.com/watch?v=An86W8YvriM
I remember a time when our tax rates were similar (although different) when I was fresh eyed out of Uni and new grads started on $29,000 per annum. That is $15 per hour give or take. We were in the tax bracket below 30% or 33% or whatever it was. Now days, straight out of uni and you are already in the 30% bracket. That is just sillyness. The amounts need to be adjusted pronto. I would suggest:
0-$25 0%
$25k-$80K 17.5%
$80k-$200k 33%
$200k+ 39%
That would make things simpler (eliminating the stupid 30% and 33% rates and combining in one and realign for the effects of inflation.)
Doing it at this time would be inflationary and raise interest rates (resulting in even more profits going to Australian banks).
Eventually of course, it has to and will happen. In five years it should be safe to do so.