- Originating house
- House of Representatives
- Parliament no
- Part of a package of 15 bills to implement a three-year progressive budget repair levy, the bill amends the
Income Tax Rates Act 1986 to increase by two per cent: the income tax rates payable on taxable income that exceeds $180 000; certain other income tax rates that are aligned with the top personal marginal tax rate or with calculations comprising that rate and the Medicare levy; and the income tax rate applicable to the unearned income of a minor.
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