From memory minimum wage earners get something like $25 per week, which I know isn’t much. Middle income earners ($120k+ combined) get $120 per fortnight back.
People earning over $80k don’t get any additional cuts.
Their policy specifically states tax cuts for the bottom 3 brackets. I don’t know why the calculator isn’t showing any cuts for min wage.
@Amazinghorse that’s not really true. It won’t affect the bottom tax bracket. National have been pitching it as a tax cut for “middle income earners”.
I just went and played around with their tax calculator and low income earners get almost nothing compared to wealthier people.
From memory minimum wage earners get something like $25 per week, which I know isn’t much. Middle income earners ($120k+ combined) get $120 per fortnight back. People earning over $80k don’t get any additional cuts.
Their policy specifically states tax cuts for the bottom 3 brackets. I don’t know why the calculator isn’t showing any cuts for min wage.