this post was submitted on 23 Jul 2025
29 points (96.8% liked)

Australia

4400 readers
206 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] DavidDoesLemmy@aussie.zone 2 points 4 days ago (2 children)

Marginal tax rate is the tax rate you pay on each additional dollar earnt. The fact that the Australian government hides some of the taxes doesn't mean you don't pay them or that they're not part of the marginal tax rate.

[–] stib@aus.social 2 points 4 days ago (1 children)

@DavidDoesLemmy
But you're only paying that tax on the income above the threshold for that tax bracket. Rich people, and their dupes whinging about Australia's "high taxes" can get in the bin.
@HalfEarthMedic

[–] DavidDoesLemmy@aussie.zone 0 points 3 days ago

Yes, I understand. My comment was about marginal tax rate. It is true that marginal tax rate can go up to 58%