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General Discussion >> Federal Politics >> More on the Unfair Budget http://www.ozpolitic.com/forum/YaBB.pl?num=1400711032 Message started by Frances on May 22nd, 2014 at 8:23am |
Title: More on the Unfair Budget Post by Frances on May 22nd, 2014 at 8:23am Quote:
http://catholicleader.com.au/news/budget-dismay |
Title: Re: More on the Unfair Budget Post by Lord Sir BigVic VSD and Bar on May 22nd, 2014 at 8:52am
"Effective 1 July 2014,the Dependant Spouse Tax Offset(DSTO) and the Mature Age Workers Tax Offset(MAWTO will be abolished"
Nasty Ba*stards! |
Title: Re: More on the Unfair Budget Post by Swagman on May 22nd, 2014 at 9:37am Quote:
Looks like everyone (for once) has to pitch in to pay off the money Labor irresponsibly peed up the wall. You Truebelievers should be happy with that. Everyone 'collectively' contributing to the welfare of the State? It's smoke and mirrors though. It's still acutely skewed to the one in five that pay net tax to do the hard yards to pay off debt... That's life in an Ochlocracy. |
Title: Re: More on the Unfair Budget Post by Frances on May 22nd, 2014 at 9:46am Quote:
Error corrected...... |
Title: Re: More on the Unfair Budget Post by Swagman on May 22nd, 2014 at 10:40am Frances wrote on May 22nd, 2014 at 9:46am:
Good use of smoke and mirrors Fran, but regardless it is still one in five that pay net tax. That tax burden is going to stretch to around one in ten in twenty years. Those paying 30% marginal tax today will be paying 60% in 20 years just to maintain the status quo. :( Bit akin to having one income and both your in-laws retire and move into your household and not contribute. Your income declines by 50% and your expenses double... :o |
Title: Re: More on the Unfair Budget Post by Dame Pansi on May 22nd, 2014 at 12:05pm From Clive Palmer's Twitter page. Liberal voters deserting @tonyabbottmhr. @PalmerUtdParty receiving many new memberships from ex- Lib voters angry about budget #auspol |
Title: Re: More on the Unfair Budget Post by bogarde73 on May 22nd, 2014 at 12:17pm
I wonder will Clive take to twitter when it all comes crashing down around him.
Watch for it. |
Title: Re: More on the Unfair Budget Post by perceptions_now on May 22nd, 2014 at 12:20pm Swagman wrote on May 22nd, 2014 at 9:37am:
That is not quite correct, as everyone is not carry their fair share of the load & I re-post the following, as it is relevant! perceptions_now wrote on May 22nd, 2014 at 11:19am:
In addition, more can be found at - http://www.ozpolitic.com/forum/YaBB.pl?num=1377342710 |
Title: Re: More on the Unfair Budget Post by Swagman on May 22nd, 2014 at 1:21pm perceptions_now wrote on May 22nd, 2014 at 12:20pm:
You bet your Rs that 'everyone is not carry[ing] their fair share of the load' 1. If 10 people collectively owe $10 to another party and they all payback $1 to repay the debt. That is fair. 2. If the same 10 people collectively owe $10 to another party and 2 people pay $5 and the rest pay zero that is clearly unfair. Our 'Democracy' is represented by point 2 In our 'democracy' the 8 people have the majority, so they can force the 2 people to pay more because they rule the Govt. This is not democracy but ochlocracy. (Rule by Mob) The mob thinks it's fair to force the minority to pay their way when in reality it is clearly unfair on the 2 payers. :( |
Title: Re: More on the Unfair Budget Post by John Smith on May 22nd, 2014 at 1:37pm Swagman wrote on May 22nd, 2014 at 1:21pm:
but that is not how govt. works now it it .... We don't collectively owe anything, the govt. is a seperate entity in and off itself. Just like a shareholder cannot be held responsible for the debts of a company, the citizens of a country cannot be held responsible for the debts of the government. |
Title: Re: More on the Unfair Budget Post by Peter Freedman on May 22nd, 2014 at 1:39pm Swagman wrote on May 22nd, 2014 at 9:37am:
This is Hockey's budget brought down by a self described " no blame" government. The conga line, of course, follows very different rules. ;) ;) ;) ;) ;) |
Title: Re: More on the Unfair Budget Post by Cliff48 on May 22nd, 2014 at 1:40pm Swagman wrote on May 22nd, 2014 at 1:21pm:
So the fact I paid taxes all life to support government commitments count for naught huh? The fact that my taxes not only covered my parents pension but substantially more counts for naught? The fact that previous governments made no provision for future commitments count for naught. Previous governments spent the tax they received in their 3-4 year cycle. They never 'saved' for payment of the pension in the future, and so my hard earned was used towards the current pension bill. So why can't I expect to get some back now that I am retired? |
Title: Re: More on the Unfair Budget Post by Bam on May 22nd, 2014 at 1:46pm Swagman wrote on May 22nd, 2014 at 1:21pm:
You're right - after the "levy" expires, the top 20% will be contributing NOTHING to budget repair, while everyone else will be carrying the can for the past largesse on the wealthy. See: Poorest families pay most in budget The top quintile are contributing only half - in raw dollars - towards the budget repair when compared to the bottom quintile. The top quintile will contribute a minuscule 0.2% of their incomes, while the bottom 20% lose 2.2% of their incomes. Quote:
Tell the whole story. If ten people each get paid $10, that is fair. If two people get paid $40 each and eight get $2.50, that is clearly unfair. This is yet another of your troll posts that either (1) whinge about "net tax" without a shred of proof, or (2) demands to cut people's take home pay by abolishing penalty rates etc. If you want people to pay equal taxes yet demand they not have the means to do so, how will they afford the necessities of life? If your dystopian ideals came to pass, it will end badly. |
Title: Re: More on the Unfair Budget Post by St George of the Holy Copper on May 22nd, 2014 at 1:53pm Swagman wrote on May 22nd, 2014 at 9:37am:
Actually, we are still paying for the money, hundreds of billions of dollars of tax revenue, pissed up against the wall by Howard & Costello. Good article on it here. |
Title: Re: More on the Unfair Budget Post by Cliff48 on May 22nd, 2014 at 2:01pm
bam
Quote:
Penalty rates are the single biggest source of income to improve the lot of a casual worker - I know, I was one for several years. The increase in income also meant (for me) that I didn't qualify for any partial newstart allowance. The increase in income meant I was paying income tax. The increase in income meant I was prepared to work in the kitchen on Christmas Day so that families could have a hassle free day (for $120 each for lunch x 180 people) the penalty rates were well and truly covered - of course, Christmas with my family was the sacrifice. Sounds fair to me. |
Title: Re: More on the Unfair Budget Post by Stratos on May 22nd, 2014 at 2:06pm Bam wrote on May 22nd, 2014 at 1:46pm:
The whole "net tax" bollocks comes from an opinion article which does a horrible job at fudging the figure. The biggest blatant error is that the data simply judged income tax against benefits, without taking into consideration a whole bunch of other taxes which literally everybody pays and can't avoid. Smoke and mirrors indeed. |
Title: Re: More on the Unfair Budget Post by Cliff48 on May 22nd, 2014 at 2:10pm Stratos wrote on May 22nd, 2014 at 2:06pm:
I know my smokes are taxed but I didn't know about my mirrors :( I'd smash all my mirrors but I wouldn't want 7 years bad luck of Abbott still being there :) |
Title: Re: More on the Unfair Budget Post by DaS Energy on May 22nd, 2014 at 2:55pm
Not included in Joes Budget is his $2 Million payment for Tony Shepherd to write the Budget for him. Not included in Joes Budget is the good wicket he's on, paid to be Treasurer and write a Budget, but only needs to smoke cigars while Tony Shepherd does it for him. Joe's joke and its a beauty!
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Title: Re: More on the Unfair Budget Post by Knight Errant Sir Grappler on May 22nd, 2014 at 4:07pm Vic wrote on May 22nd, 2014 at 8:52am:
Very nasty - we olde bustards have carried the can for every dog damned 'social revolution' and every dumbass policy all our lives and many have suffered for it - with zero chance to set up for retirement due to paying the way of all this stupidity. The MAWTO is/was supposed to offer a chance to those old buggars willing to work on to get a few bucks.... Obviously not to ToJo and The Toecutters... |
Title: Re: More on the Unfair Budget Post by froggie on May 22nd, 2014 at 4:42pm
The poorest 20 per cent of Australian families will pay $1.1 billion more into government coffers than the richest households as a result of the budget, highlighting the huge inequity in the government's four-year blueprint for fiscal repair.
New analysis from the National Centre for Social and Economic Modelling has underlined how heavily the burden of budget consolidation has fallen on those less well-off, especially if they have school-age children. NATSEM divides the community into five segments or quintiles, each with a little over 2.5 million families. It finds the poorest 20 per cent - those with $35,000 or less in disposable annual income - will forgo $2.9 billion over four years thanks to changes to family benefits, pensions and other payments. By contrast, the wealthiest 20 per cent of households - earning $88,000 or more after tax and benefits - will suffer a $1.78 billion hit, some 40 per cent less than the lowest income families. http://www.smh.com.au/federal-politics/political-news/natsem-analysis-confirms-the-burden-of-the-budget-will-fall-most-heavily-on-the-poorest-families-20140521-38p4i.html#ixzz32QLMa6Yw I believe the following tables are the ones Joe left out of the Budget Papers. ![]() |
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