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14 August 1998
Thirroul hairdressers Debbie May and Stacey English spend their lives cutting - and now they'll get a little cut of their own.
Debbie, 28, a hairdresser for 12 years, and Stacey, 19, a fourth-year apprentice, will each receive tax cuts of three per cent if voters re-elect the Howard Government.
With gross yearly incomes of about $32,000 and $25,000 respectively, Debbie and Stacey would be smack bang in the middle of the new $20,001-$50,000 bracket, where the tax rate would be 30 per cent.
That new bracket and rate would replace the $20,701-$38,000 bracket - taxed at 34 per cent - which they are in now.
The tax package would give Debbie about $17 a week more in the hand, and Stacey about $13.
Neither woman knows whether that would compensate for a 10 per cent GST.
Stacey, of Warilla, said income tax cuts were an obvious plus but needed to be weighed up against price rises which remained an unknown quantity.