What's the Middle Income in Australia? | Richard Denniss Explains
ฝัง
- เผยแพร่เมื่อ 19 ต.ค. 2022
- There's been some confusion about who earns a 'middle' income in Australia, when talking about the Stage Three tax cuts. It might be less than you think. And just because $120,000 a year is less than it used to be, doesn't mean it isn't still a high income.
The Rock is still tall, even when standing next to Shaq.
📧 For updates and info about our events subscribe to our mailing list: theaus.in/mailYT
❤️ If you'd like to become a supporter and help us make more videos like this, visit: theaus.in/donateYT
![บุษบา - มอส รัศมี [COVER VERSION]](http://i.ytimg.com/vi/_n0yENSl8d8/mqdefault.jpg)
I love your work. I am a truck driver in the waste transport industry and earn plenty of overtime every week. I want to pay more tax, not less tax.
Nothing is stopping you donating to the state.
Love to see the median income if you also included all the people who earn NOTHING
Who do nothing?
@@M.-.D people with out jobs, people who stay at home, people who are so casually employed it's like $100 a week.
@@windwaker0rules you said ‘earn nothing’ not earn not much.
Also, we have a minimum wage and for citizens a social safety net. JobSeeker/NewStart/Dole pays a lot more than $100 a week.
@@windwaker0rules JobSeeker (unemployed): $668.40 per fortnight plus $151.60 rental assistance.
Bit more than $100 a week or the ‘NOTHING’ for doing nothing you suggested. Not to mention the fact few people pay this much in tax to even offset the cost of unemployment benefits - all before childcare rebates, free schooling, free healthcare, heavily subsidised medications.
Having been a mechanic pretty well all my life, these "average" wages are really crazy figures. People on $190,000 pa should be able to live comfortably, pay off a house, have holidays each year, educate their children etc. etc. I did it on $45,00 pa. Of course, if you like to bet on the horses, drink and smoke, you're going to battle all through your life......
Clarifying the true situation re Australian earnings is an important job especially when politicians from both the big parties seek to mislead the public on these matters when it suits then.
Flat tax rate across the board, no perks or rorts then no one complains about the tax bracket bs
A lot people who earnt 250k+ annually think they're middle class
It because they still struggle to afford a home that generational wealth has captured.
I know. It’s expensive keeping a $5m+ home plus 2 large 4WDs and a boat.
@@josephj6521 if they have that much than they earn well over $250k and for a majority it is unlikely coming from paid employment from a company they do not own/operate.
Business operators are some of the biggest grifters. The cars are ‘business vehicles’ and a lot of lifestyle expenses are ‘business expenses’.
@@M.-.D very true. All billed to the business.
This bloke is right 👍
Thanks
A full time worker for WoolWorths Australia earns less then $52,000.00 a year before tax
WoolWorths one of Australia's biggest employers.
Where did $83,000.00 come from?
In the end, it ain't how much your earn, it's how much you keep.
So basically nothing is changing or getting any better for most Australians. Awesome.
Peter Dutton wouldn't know average if it hit him with a head of hair.
Stage three tax cuts and no windfall tax or sovereign fund for our natural resources leaving these shores - just brilliant economic management. Disappointed to see Labour is as short-sighted or corrupt as the LNP. I am sick to death of hearing them gas light the Australian people about trickle-down economics.
It's takes a while for Labor to do things.
Didn't work well for Whitlam, didn't work well with Rudd
Ok, but which of those figures is the fairest representation of a 'middle' income in Australia?
I earn 68k per year, or I would, if I were able to work full time. As it is, I am lucky if I make 45k per year. I'd like some tax breaks, ever since they did away with claiming medical expenses as a tax deduction in 2015, I've been doing it tough.
Earning $45k means you pay less than $100 a week in tax. Just how much less tax would you like to pay?
What do you think it actually costs Government to go to the Doctor, medication etc etc.
I’m a music teacher and i earn about $45k a year. Life is miserable.
Tax reform time!
Richard is one of the few calling the final stages of capitalism in Australia out for what it is. Love ya work mate ❤️
There's no "cost" to collecting less tax.
Well know 95 grand isn't median income