Fairfax’s Crispin Hull penned an interesting article over the weekend explaining how low income earners reliant on the minimum wage are facing hefty tax increases in the years ahead as they are pushed into higher tax brackets:
The minimum-wage earners are knocking at the door and just one more increase like the one this month will push them through it. The door is the second tax rung, above which they will pay 34.5 per cent of any extra income in income tax and Medicare levy.
