FTB part B did not even come close to meeting the gap

Do you know the key principle behind Family Tax Benefit part B payments?

This table based on 2013-2014 income tax brackets makes the point. Single income families pay more tax because a dual income family can claim two tax-free thresholds and lower tax brackets.

 

FTB Part B is overdue for an increase (not a cut). (Note: there should always be exception for single parent families).

Don't forget to sign the petition at http://family.org.au/petitions/defend-family-payments-family-tax-benefits-are-tax-justice-not-welfare/