Of course, this is exactly the way the tax code works now: tax rates rise at certain income thresholds, meaning that when you get to a certain income level, the government takes more of every dollar you earn.
"One of the thresholds we just crossed in the last quarter is that the outdoor advertising industry is now bringing in more advertising dollars than newspapers".
While none of these elements were included in the Queen's speech, it did cover allowing the Scottish parliament to set thresholds and rates of income tax on earnings in Scotland and keep all income raised in Scotland, giving Holyrood control over the first 10 percentage points of standard rate VAT revenue raised in Scotland, new welfare powers worth £2.5bn, and devolution of air passenger duty.
Labor is happy to support pausing the rebate limit but are opposed to freezing the income thresholds which they say will hurt the most vulnerable families.
The belief that there pounds of fat in the budget existed because above-average income families were getting family tax payments hasn't been true since the ALP introduced thresholds to family tax benefit B in 2008 and froze those thresholds in 2011.
But Turkey has one of the highest thresholds in the world for entering parliament.
Freeze to childcare benefit income thresholds – stalled This measure was designed to freeze the childcare benefit income thresholds at 2014 levels for three years.
The government will gain $1.3bn over four years by increasing the Pharmaceutical Benefits Scheme co-payments and safety net thresholds.
So Cameron is acting fast on free enterprise, a snooper's charter 2, strike thresholds, the sell-off of housing association properties, devolution to Scotland and the referendum on UK membership of the European Union.
This is a highly debatable claim, given the raising of tax thresholds and tinkering with other taxes on the wealthy.
In other health savings, the government will gain nearly $1.7bn by pausing indexation of Medicare Benefits Schedule fees for two years from July this year and income thresholds for the Medicare Levy Surcharge and Private Health Insurance Rebate for three years from July next year.
