The Rudd Government is keen to cut middle class welfare, but when do you become middle class:
- when it comes to employee shares – a pretty modest income of $60,000
- when it comes to student allowances, ‘middle class rorting’ seems to kick in at a family income of $80,000
- when it comes to private health insurance, the figure is $75,000 for singles and $150,000 for families
- parental leave? applies to an income of up to $150,000 for the care-giver in the previous year
- the top marginal income tax rate cuts in at $180,000
