Opposition leader Taylor announces a “generational” tax plan that includes pegging the first two income tax brackets to inflation starting in 2028. Under the proposal, the indexed thresholds would rise with inflation to reduce bracket creep, aiming to lessen the number of taxpayers pushed into higher brackets as prices increase. The plan is presented as delivering cost-of-living benefits to typical voters over time. Media reports say the expected impact is about $250 for an average voter in the first year of implementation, with benefits increasing to around $1,000 by year four. The coverage also references the prime minister stepping in on negative gearing, but the detailed policy focus in these reports is Taylor’s approach to tax bracket indexation and its projected payments. All outlets describe the same timeline—beginning in 2028—and the same estimated benefits trajectory from year one to year four, framing the announcement as part of a longer-term tax reform package.