Libertarian Party WA

Minimum wage just got a 5.97% increase for the lowest rate, which sounds good on paper.

Working a standard 38hrs week: you’ll see ~$56.60 extra in your pay packet each week. But here’s the catch: roughly $18–19 of that (~32–33%) goes straight back to the taxman via income tax + Medicare.

Over a year, you keep only about ~$2,000 of the ~$2,944 gross rise. Cost of living is crushing people, yet the government takes a big bite before you even see the money.

We should lift the tax-free threshold to $52,000.

Let low and middle income workers actually keep what they earn instead of handing a third straight back in tax.