Five ways stage three tax cuts will help you: Infographic

Are stage three tax cuts only going to benefit Australia’s high earners? Nope. Even workers on lower incomes will reap the rewards of these cuts, come 2024. The ATA released a new infographic outlining five ways you will benefit: You’ll find more money in your account on pay day; see industries and businesses thrive; expect wages to grow; notice the price of goods and services decrease and see the range, variety and quality increase; and enjoy a simpler, cheaper tax structure that is known for reducing tax evasion and tax manipulation.

Five ways Stage Three Tax Cuts will benefit regular Australians on a typical salary.