The Minister of Finance recently announced an increase in the income tax threshold from $$1,500\mathrm{.}096$ per annum to $$1,700\mathrm{.}088.$ State what are the advantages and disadvantages of this initiative? Say whether you agree or disagree with the move and give practical reasons to support your answer. $($If you are not from Jamaica, state the country you are from and discussion the likely impact a move like this could have on the working class in your country$).$