The Australian’s Adam Creighton has written an enlightening article on how the Howard-era tax cuts continue to reap pay dirt for the Baby Boomer generation:
Our athletes weren’t the only group to win gold on home soil in 2000. In the year of the Sydney Olympics, baby boomers snared world-beating tax breaks. Indeed, they’ve been so potent the share of seniors who pay income tax has collapsed since, falling to about 15 per cent from 27 per cent in 1995…
