Original article by Joanna Mather
The Australian Financial Review – Page: 5 : 15-Feb-16
Modelling by the Centre for Independent Studies (CIS) suggests that the cost of winding back "bracket creep" to the 2012-13 level would cost the Australian Government about $A12.5bn in 2017-18. This would rise to $A16.5bn in 2018-19. Andrew Potter of the CIS describes bracket creep as a "stealth tax" and argues that it should be included in any tax reform agenda.
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THE CENTRE FOR INDEPENDENT STUDIES LIMITED, AUSTRALIA. DEPT OF THE TREASURY