Quote:

Lifting the GST to 15 per cent would hit low-income households hard but its negative effects would go almost unnoticed by those at the top end of society, new modelling of the proposed changes has revealed. The alternative idea of retaining the 10 per cent rate while broadening its base would be almost as regressive. And offsetting the tax hike with lower marginal income tax would only make the disparity between rich and poor worse.

http://www.smh.com.au/cqstatic/12z7v7/0511gst_729.png

Link

they never explain how they arrive at these figures....

how can they possibly know???

there is

NO GST ON FRESH FOOD....

how can they possibly come up with those stats...it doesnt make any sense at all.. those figures sound as if the poor people spend on expensive and the rich on cheap...

I dont thin k so...I am sure a rich person has much more expensive items [toys] than I would ever have...cars.boats.houses.holidays.wardrobe. gadgets I am sure its the rich who fill FIRST CLASS..all of which have GST on them.

maybe I have it all wrong..

and my house is full of all the latest must haves????

Cods, it's more that the poorer you are, the more percentage of money you spend just in general, with very little money ending up in the bank after you've bought necessities.

Rich people generally save or invest a large amount of their money, spending a comparatively small amount on goods and services.

We don't want an increase in the GST.

We'd rather they tax the wealthy and mega wealthy accordingly.

If I was the boss multi millionaires would be paying 80% tax, that still leaves them 20% tax free to add to their nest egg, generous person I am.

This government has been told many times where to get the extra cigar money from but for some reason (self interests) they are loathe to do it.

Stratos wrote on Nov 5^th, 2015 at 7:03am:

Cods, it's more that the poorer you are, the more percentage of money you spend just in general, with very little money ending up in the bank after you've bought necessities. Rich people generally save or invest a large amount of their money, spending a comparatively small amount on goods and services.

really.. what has saving got to do with the GST?...


my home isnt lit up like a lighthouse.. as some rich peoples are...am I frugal no I live alone have no need to live in a power burning castle...

I am just asking where do they come up with these figures how do they explain them???...

as far as I know we dont pay any GST until WE SPEND OUR MONEY...

I find that GST is the fairest way to pay tax..GST cannot be written off to tax..[ a rich mans trick].you pay it and thats that....

Stratos wrote on Nov 5^th, 2015 at 7:03am:

Cods, it's more that the poorer you are, the more percentage of money you spend just in general, with very little money ending up in the bank after you've bought necessities. Rich people generally save or invest a large amount of their money, spending a comparatively small amount on goods and services.

Yes, if the 15% is passed through parliament, the government would have to treble the dole and significantly increase other benefits ie pensions to compensate.

GST hike to hit poor hard and leave rich unscathed

Yes it's the primary reason that a GST is always popular with the wealthy and thus the Liberals.

I hate to say, "thus it begins' under Turnbull but..."Thus it begins."

First we have the Govt. taking away products such as Panadol and pain relief off the subsidised list. Their mouthpiece had the temerity to say that people could buy it over the counter for the same price...wrong...try at least treble the price.

Now the GST is wheeled out for another kick in the guts.

This is not looking good but there is a sliver of light on the horizon for Labor if they play their cards right.

Always, it is the poor and helpless that get clubbed by the ruling class.

Ex Dame Pansi wrote on Nov 5^th, 2015 at 7:06am:

We don't want an increase in the GST. We'd rather they tax the wealthy and mega wealthy accordingly. If I was the boss multi millionaires would be paying 80% tax, that still leaves them 20% tax free to add to their nest egg, generous person I am. This government has been told many times where to get the extra cigar money from but for some reason (self interests) they are loathe to do it.

your just not thinking straight pansi.. if they did that every RICH man would live off shore..

they tried it in ENgland... years ago.. and they left in droves....its easier for a rich person to live abroad and they usually SPEND abroad at the same time...

if you won the lottery tomorrow and found yourself paying 80% on your interest where would you stash your money??>. the Caymen Islands Singapore maybe??????????????

GST is by percentage.. so if you buy a care worht $20.000 you pay $2000 in GST...if the car costs $85.000 you pay $8.500....there is nothing stopping a poor person paying $85.000 for a car.....its just very unlikely...a rich person is more likely to buy a new car every couple of years...not so much a poor person .. so who in the long run is paying the most GST..

if you smoke and drink then thats your choice they are not MUST HAVES...

but I know lots of so called poor people who do both and dont flinch at the cost...

cods wrote on Nov 5^th, 2015 at 7:09am:

really.. what has saving got to do with the GST?...

Don't get it?  Think about it like this.

person earns 10k a year, they will spend 9.5k

person earns 200k a year, they will spend 120k

So even though the rich person is spending more in total, the person on 10k is spending comparatively more on GST

red baron wrote on Nov 5^th, 2015 at 7:16am:

I hate to say, "thus it begins' under Turnbull but..."Thus it begins." First we have the Govt. taking away products such as Panadol and pain relief off the subsidised list. Their mouthpiece had the temerity to say that people could buy it over the counter for the same price...wrong...try at least treble the price. Now the GST is wheeled out for another kick in the guts. This is not looking good but there is a sliver of light on the horizon for Labor if they play their cards right. Always, it is the poor and helpless that get clubbed by the ruling class.

rubbish no its not.. pan adol osteo over the counter about $8.. on script $6.20.. what the hell you on about...to be able to get a script for asprin to save $2 is inexcusable sorry but it is..

stop talking about POOR people they usually get bulk billed and if they dont then find a doctor who does.. >:( >:( >:( >:(

cods wrote on Nov 5^th, 2015 at 7:17am:

our just not thinking straight pansi.. if they did that every RICH man would live off shore..

and you think Pansi's not thinking straight?  :D :D :D

what a load of croc

cods wrote on Nov 5^th, 2015 at 6:56am:

they never explain how they arrive at these figures.... how can they possibly know??? there is NO GST ON FRESH FOOD.... how can they possibly come up with those stats...it doesnt make any sense at all.. those figures sound as if the poor people spend on expensive and the rich on cheap... I dont thin k so...I am sure a rich person has much more expensive items [toys] than I would ever have...cars.boats.houses.holidays.wardrobe. gadgets I am sure its the rich who fill FIRST CLASS..all of which have GST on them. maybe I have it all wrong.. and my house is full of all the latest must haves????

No. What happens is that GST is applied to [most] things people buy, not just things they use disposable income on. So increasing the GST increases that taxation which reduces disposable income. Since richer people have a larger amount of disposable income, even though GST affects them, it reduces it by a lower percentage.

A simple example:

$500, $100 disposable
@ 10% $50: 50/100 = 50%
@ 15% $55: 55/100 = 55%

$5000, $4000 disposable
@ 10% $500: 500/5000 = 10%
@ 15% $550: 550/5000 = 11%

Stratos wrote on Nov 5^th, 2015 at 7:17am:

cods wrote on Nov 5th, 2015 at 7:09am: really.. what has saving got to do with the GST?... Don't get it?  Think about it like this. person earns 10k a year, they will spend 9.5k person earns 200k a year, they will spend 120k So even though the rich person is spending more in total, the person on 10k is spending comparatively more on GST

HOW... THEY COULD SPEND EVERYTHING ON FOOD...

when did you fly first class last??????....

what has savings got to do with GST.....

its not WHAT you spend its..

HOW AND WHAT ON.. ::) ::) ::)

I get a long strip of tape when I go shopping listing all my goodies with costs... at the bottom it usually says GST PAID....something between $1. and $4. 

I dont buy cars or boats or booze or ciggies every day....all those attract BIG GST.....

you dont want to pay GST dont buy those goods its not compulsory...... \


in DENMARK every and I mean EVERYTHING ATTRACTS A 25% GST/VAT...

you buy a loaf of bread... its got 25% GST on it...now who doesnt buy bread???????????????...................

and guess what I didnt hear anyone whingeing about it either..

In England I think its now 20%... but I dont think its on food...[not sure]... get a life mate stop whingeing..stop looking at it as a  them and us type of TAX like pansi always does....we all want the same things decent roads railways hospitals.. these need to be kept up to date so we have to fund them...this is the fairest way...

cods wrote on Nov 5^th, 2015 at 7:30am:

HOW... THEY COULD SPEND EVERYTHING ON FOOD... when did you fly first class last??????.... what has savings got to do with GST..... its not WHAT you spend its.. HOW AND WHAT ON.. Roll Eyes Roll Eyes Roll Eyes I get a long strip of tape when I go shopping listing all my goodies with costs... at the bottom it usually says GST PAID....something between $1. and $4. I dont buy cars or boats or booze or ciggies every day....all those attract BIG GST..... you dont want to pay GST dont buy those goods its not compulsory...... \ in DENMARK every and I mean EVERYTHING ATTRACTS A 25% GST/VAT... you buy a loaf of bread... its got 25% GST on it...now who doesnt buy bread???????????????................... and guess what I didnt hear anyone whingeing about it either.. In England I think its now 20%... but I dont think its on food...[not sure]... get a life mate stop whingeing..stop looking at it as a  them and us type of TAX like pansi always does....we all want the same things decent roads railways hospitals.. these need to be kept up to date so we have to fund them...this is the fairest way...

boy you're thick

the rich don't HAVE to buy a boat, they don't HAVE to take a trip, they'll do it when they can afford it ....

the poor HAVE to buy food, every bloody week

The fairest way to get the cigar money is to FORCE those people and companies that avoid paying their fair share.

Change the rules so that they can't dodge paying tax.

Kytro wrote on Nov 5^th, 2015 at 7:30am:

cods wrote on Nov 5th, 2015 at 6:56am: they never explain how they arrive at these figures.... how can they possibly know??? there is NO GST ON FRESH FOOD.... how can they possibly come up with those stats...it doesnt make any sense at all.. those figures sound as if the poor people spend on expensive and the rich on cheap... I dont thin k so...I am sure a rich person has much more expensive items [toys] than I would ever have...cars.boats.houses.holidays.wardrobe. gadgets I am sure its the rich who fill FIRST CLASS..all of which have GST on them. maybe I have it all wrong.. and my house is full of all the latest must haves???? No. What happens is that GST is applied to [most] things people buy, not just things they use disposable income on. So increasing the GST increases that taxation which reduces disposable income. Since richer people have a larger amount of disposable income, even though GST affects them, it reduces it by a lower percentage. A simple example: $500, $100 disposable @ 10% $50: 50/100 = 50% @ 15% $55: 55/100 = 55% $5000, $4000 disposable @ 10% $500: 500/5000 = 10% @ 15% $550: 550/5000 = 11%

rubbish.,....most poor people would spend most of their income on food....it doesnt attract GST...most rich people buy the things that DO attract GST...

hey a lot of people paid GST in MElb on Tuesday...

do you think increasing the GST will change Melb Cup day will it stop the punters going to the races.. buying a new hat putting a BET on.????... ::) ::)

what about the grand finals??????.....those tickets also attract GST....and the hot dogs and the beer... ::) ::) ::) and the silly flags and hats even the paint they use on their faces... :D... will another 5% cripple all that???

Ex Dame Pansi wrote on Nov 5^th, 2015 at 7:35am:

The fairest way to get the cigar money is to FORCE those people and companies that avoid paying their fair share. Change the rules so that they can't dodge paying tax.

yeah get on to FAIRFAX now thats a start.. dont hear many lefties complain about FAIRFAX funny that. ;D ;D ;D..

how do they claim for cigars pansi??

all tobacco pays TAX not once but twice..so how do they claim it back..

John Smith wrote on Nov 5^th, 2015 at 7:32am:

cods wrote on Nov 5th, 2015 at 7:30am: HOW... THEY COULD SPEND EVERYTHING ON FOOD... when did you fly first class last??????.... what has savings got to do with GST..... its not WHAT you spend its.. HOW AND WHAT ON.. Roll Eyes Roll Eyes Roll Eyes I get a long strip of tape when I go shopping listing all my goodies with costs... at the bottom it usually says GST PAID....something between $1. and $4. I dont buy cars or boats or booze or ciggies every day....all those attract BIG GST..... you dont want to pay GST dont buy those goods its not compulsory...... \ in DENMARK every and I mean EVERYTHING ATTRACTS A 25% GST/VAT... you buy a loaf of bread... its got 25% GST on it...now who doesnt buy bread???????????????................... and guess what I didnt hear anyone whingeing about it either.. In England I think its now 20%... but I dont think its on food...[not sure]... get a life mate stop whingeing..stop looking at it as a  them and us type of TAX like pansi always does....we all want the same things decent roads railways hospitals.. these need to be kept up to date so we have to fund them...this is the fairest way... boy you're thick the rich don't HAVE to buy a boat, they don't HAVE to take a trip, they'll do it when they can afford it .... the poor HAVE to buy food, every bloody week

THERE IS NO GST ON FRESH FOOD...

check your grocery bill dear... it might surprise you...

;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D

  and he says I am thick... :D :D :D :D :D :D

cods wrote on Nov 5^th, 2015 at 7:37am:

rubbish.,....most poor people would spend most of their income on food....it doesnt attract GST...most rich people buy the things that DO attract GST... hey a lot of people paid GST in MElb on Tuesday... do you think increasing the GST will change Melb Cup day will it stop the punters going to the races.. buying a new hat putting a BET on.????... ::) ::) what about the grand finals??????.....those tickets also attract GST....and the hot dogs and the beer... ::) ::) ::) and the silly flags and hats even the paint they use on their faces... :D... will another 5% cripple all that???

rubbish.,....most poor people would spend most of their income on food....it doesnt attract GST


The proposal is to expend the GST to include everything - including food.

This could increase an average family shop by $35 to $50 alone. That is before you factor in another 5% on power, gas, health insurance, petrol, transport, phone, other insurance, incidentals.

Gas increase $140 year.

Phone $240.

I pointed out the other day that I currently buy milk every day and a loaf of bread 2 days out of 3. This will equate to an increase of about $160 a year for me just in bread and milk. That is just item 1 and 2 on the incidentals list.

People could be looking at an extra $2,000 a year on their primary grocery shop.

My BUPA would increase by $180 a year.

My petrol bill increases by $360 a year.

Anyone getting the picture about how much we are talking about here.

In my case zero compensation for any of this.

cods wrote on Nov 5^th, 2015 at 7:41am:

John Smith wrote on Nov 5th, 2015 at 7:32am: cods wrote on Nov 5th, 2015 at 7:30am: HOW... THEY COULD SPEND EVERYTHING ON FOOD... when did you fly first class last??????.... what has savings got to do with GST..... its not WHAT you spend its.. HOW AND WHAT ON.. Roll Eyes Roll Eyes Roll Eyes I get a long strip of tape when I go shopping listing all my goodies with costs... at the bottom it usually says GST PAID....something between $1. and $4. I dont buy cars or boats or booze or ciggies every day....all those attract BIG GST..... you dont want to pay GST dont buy those goods its not compulsory...... \ in DENMARK every and I mean EVERYTHING ATTRACTS A 25% GST/VAT... you buy a loaf of bread... its got 25% GST on it...now who doesnt buy bread???????????????................... and guess what I didnt hear anyone whingeing about it either.. In England I think its now 20%... but I dont think its on food...[not sure]... get a life mate stop whingeing..stop looking at it as a  them and us type of TAX like pansi always does....we all want the same things decent roads railways hospitals.. these need to be kept up to date so we have to fund them...this is the fairest way... boy you're thick the rich don't HAVE to buy a boat, they don't HAVE to take a trip, they'll do it when they can afford it .... the poor HAVE to buy food, every bloody week THERE IS NO GST ON FRESH FOOD... check your grocery bill dear... it might surprise you... ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D   and he says I am thick... :D :D :D :D :D :D

not quite true cods, but lets pretend it is ...... then why did you mention bread?

besides, if you'd bothered to read the OP you'd see that one of the options being considered is to broaden its base to include food.

Dnarever wrote on Nov 5^th, 2015 at 7:56am:

The proposal is to expend the GST to include everything - including food. This could increase an average family shop by $35 to $50 alone. That is before you factor in another 5% on power, gas, health insurance, petrol, transport, phone, other insurance, incidentals. Gas increase $140 year. Phone $240.

after they cried for years about the carbon tax increasing the cost of power ... now they want to increase the cost of EVERYTHING :D :D :D :D :D

and they wonder why they have no credibility?

cods wrote on Nov 5^th, 2015 at 7:17am:

Ex Dame Pansi wrote on Nov 5th, 2015 at 7:06am: We don't want an increase in the GST. We'd rather they tax the wealthy and mega wealthy accordingly. If I was the boss multi millionaires would be paying 80% tax, that still leaves them 20% tax free to add to their nest egg, generous person I am. This government has been told many times where to get the extra cigar money from but for some reason (self interests) they are loathe to do it. your just not thinking straight pansi.. if they did that every RICH man would live off shore.. they tried it in ENgland... years ago.. and they left in droves....its easier for a rich person to live abroad and they usually SPEND abroad at the same time... if you won the lottery tomorrow and found yourself paying 80% on your interest where would you stash your money??>. the Caymen Islands Singapore maybe?????????????? GST is by percentage.. so if you buy a care worht $20.000 you pay $2000 in GST...if the car costs $85.000 you pay $8.500....there is nothing stopping a poor person paying $85.000 for a car.....its just very unlikely...a rich person is more likely to buy a new car every couple of years...not so much a poor person .. so who in the long run is paying the most GST.. if you smoke and drink then thats your choice they are not MUST HAVES... but I know lots of so called poor people who do both and dont flinch at the cost...

Yes, but that truly WAS excessive taxation.

All WE want is for the bastards to pay their share, no more than that.

And I think you'll find there are plenty of things stopping poor people from buying $80K cars.

cods wrote on Nov 5^th, 2015 at 7:37am:

Kytro wrote on Nov 5th, 2015 at 7:30am: cods wrote on Nov 5th, 2015 at 6:56am: they never explain how they arrive at these figures.... how can they possibly know??? there is NO GST ON FRESH FOOD.... how can they possibly come up with those stats...it doesnt make any sense at all.. those figures sound as if the poor people spend on expensive and the rich on cheap... I dont thin k so...I am sure a rich person has much more expensive items [toys] than I would ever have...cars.boats.houses.holidays.wardrobe. gadgets I am sure its the rich who fill FIRST CLASS..all of which have GST on them. maybe I have it all wrong.. and my house is full of all the latest must haves???? No. What happens is that GST is applied to [most] things people buy, not just things they use disposable income on. So increasing the GST increases that taxation which reduces disposable income. Since richer people have a larger amount of disposable income, even though GST affects them, it reduces it by a lower percentage. A simple example: $500, $100 disposable @ 10% $50: 50/100 = 50% @ 15% $55: 55/100 = 55% $5000, $4000 disposable @ 10% $500: 500/5000 = 10% @ 15% $550: 550/5000 = 11% rubbish.,....most poor people would spend most of their income on food....it doesnt attract GST...most rich people buy the things that DO attract GST... hey a lot of people paid GST in MElb on Tuesday... do you think increasing the GST will change Melb Cup day will it stop the punters going to the races.. buying a new hat putting a BET on.????... ::) ::) what about the grand finals??????.....those tickets also attract GST....and the hot dogs and the beer... ::) ::) ::) and the silly flags and hats even the paint they use on their faces... :D... will another 5% cripple all that???

I'm glad your "reasoning it out" is somehow better than NATSEM models.

The example was merely an illustration of how increased GST affects tax paid as a percentage of disposable income. The more disposable income to GST spending ratio you have the less impact a raise has on you.

Stratos wrote on Nov 5^th, 2015 at 7:03am:

Cods, it's more that the poorer you are, the more percentage of money you spend just in general, with very little money ending up in the bank after you've bought necessities.

The rich contribute far more with GST than the poor, the rich buy more expensive products which probably exceed what the poor pay in a year with a single purchase.

This percentage stuff is bullshit,the poor do not contribute anywhere near the taxes of the wealthy.

Baronvonrort wrote on Nov 5^th, 2015 at 9:02am:

Stratos wrote on Nov 5th, 2015 at 7:03am: Cods, it's more that the poorer you are, the more percentage of money you spend just in general, with very little money ending up in the bank after you've bought necessities. The rich contribute far more with GST than the poor, the rich buy more expensive products which probably exceed what the poor pay in a year with a single purchase. This percentage stuff is bullshit,the poor do not contribute anywhere near the taxes of the wealthy.

the rich gain far more in tax cuts than they pay in additional GST

Kat wrote on Nov 5^th, 2015 at 8:27am:

cods wrote on Nov 5th, 2015 at 7:17am: Ex Dame Pansi wrote on Nov 5th, 2015 at 7:06am: We don't want an increase in the GST. We'd rather they tax the wealthy and mega wealthy accordingly. If I was the boss multi millionaires would be paying 80% tax, that still leaves them 20% tax free to add to their nest egg, generous person I am. This government has been told many times where to get the extra cigar money from but for some reason (self interests) they are loathe to do it. your just not thinking straight pansi.. if they did that every RICH man would live off shore.. they tried it in ENgland... years ago.. and they left in droves....its easier for a rich person to live abroad and they usually SPEND abroad at the same time... if you won the lottery tomorrow and found yourself paying 80% on your interest where would you stash your money??>. the Caymen Islands Singapore maybe?????????????? GST is by percentage.. so if you buy a care worht $20.000 you pay $2000 in GST...if the car costs $85.000 you pay $8.500....there is nothing stopping a poor person paying $85.000 for a car.....its just very unlikely...a rich person is more likely to buy a new car every couple of years...not so much a poor person .. so who in the long run is paying the most GST.. if you smoke and drink then thats your choice they are not MUST HAVES... but I know lots of so called poor people who do both and dont flinch at the cost... Yes, but that truly WAS excessive taxation. All WE want is for the bastards to pay their share, no more than that. And I think you'll find there are plenty of things stopping poor people from buying $80K cars.

A rich person may well put $2 Million in investments and pay $0 GST. How many poor people around that can do that ?

Baronvonrort wrote on Nov 5^th, 2015 at 9:02am:

Stratos wrote on Nov 5th, 2015 at 7:03am: Cods, it's more that the poorer you are, the more percentage of money you spend just in general, with very little money ending up in the bank after you've bought necessities. The rich contribute far more with GST than the poor, the rich buy more expensive products which probably exceed what the poor pay in a year with a single purchase. This percentage stuff is bullshit,the poor do not contribute anywhere near the taxes of the wealthy.

Which has absolutely nothing to do with the impact the tax will haven on people.

cods wrote on Nov 5^th, 2015 at 6:56am:

they never explain how they arrive at these figures.... how can they possibly know??? there is NO GST ON FRESH FOOD.... how can they possibly come up with those stats...it doesnt make any sense at all.. those figures sound as if the poor people spend on expensive and the rich on cheap... I dont thin k so...I am sure a rich person has much more expensive items [toys] than I would ever have...cars.boats.houses.holidays.wardrobe. gadgets I am sure its the rich who fill FIRST CLASS..all of which have GST on them. maybe I have it all wrong.. and my house is full of all the latest must haves????

why do you continue to defend those fricken thieves in Canberra ??

What about negative gearing, capital gains tax concessions and family trusts ??

Turnball claims to want a fairer tax system but won't talk about the elephant in the room !!

Sir lastnail wrote on Nov 5^th, 2015 at 10:12am:

cods wrote on Nov 5th, 2015 at 6:56am: they never explain how they arrive at these figures.... how can they possibly know??? there is NO GST ON FRESH FOOD.... how can they possibly come up with those stats...it doesnt make any sense at all.. those figures sound as if the poor people spend on expensive and the rich on cheap... I dont thin k so...I am sure a rich person has much more expensive items [toys] than I would ever have...cars.boats.houses.holidays.wardrobe. gadgets I am sure its the rich who fill FIRST CLASS..all of which have GST on them. maybe I have it all wrong.. and my house is full of all the latest must haves???? why do you continue to defend those fricken thieves in Canberra ?? What about negative gearing, capital gains tax concessions and family trusts ?? Turnball claims to want a fairer tax system but won't talk about the elephant in the room !!

here we go again. you attack everything that makes MONEY because you havent any...you are over the moon talking about depression and the housing market falling.. it really pouts a smile on your sour dial..

I have never read anyone so bitter about anyone making money...its all as if you have been stopped from ever doing that.... ::)

you remind me of someone who pissed his money up against the wall all his life then whinges constantly when hes ended up living from week to week hand to mouth whilst watching others go on trips abroad....

so jealous of anyone who spent their money wisely its all bad make them PAY... >:( >:( >:(

cods wrote on Nov 5^th, 2015 at 10:20am:

Sir lastnail wrote on Nov 5th, 2015 at 10:12am: cods wrote on Nov 5th, 2015 at 6:56am: they never explain how they arrive at these figures.... how can they possibly know??? there is NO GST ON FRESH FOOD.... how can they possibly come up with those stats...it doesnt make any sense at all.. those figures sound as if the poor people spend on expensive and the rich on cheap... I dont thin k so...I am sure a rich person has much more expensive items [toys] than I would ever have...cars.boats.houses.holidays.wardrobe. gadgets I am sure its the rich who fill FIRST CLASS..all of which have GST on them. maybe I have it all wrong.. and my house is full of all the latest must haves???? why do you continue to defend those fricken thieves in Canberra ?? What about negative gearing, capital gains tax concessions and family trusts ?? Turnball claims to want a fairer tax system but won't talk about the elephant in the room !! here we go again. you attack everything that makes MONEY because you havent any...you are over the moon talking about depression and the housing market falling.. it really pouts a smile on your sour dial.. I have never read anyone so bitter about anyone making money...its all as if you have been stopped from ever doing that.... ::) you remind me of someone who pissed his money up against the wall all his life then whinges constantly when hes ended up living from week to week hand to mouth whilst watching others go on trips abroad.... so jealous of anyone who spent their money wisely its all bad make them PAY... >:( >:( >:(

You're an idiot !!

A negatively geared property by its very definition runs at a loss you bloody old fool. It's a legalized tax avoidance system endorsed by your government and costs 5 billion a year in uncollected tax revenue !!

A fairer tax system - what a joke :D LOL

Malcolm Turdball the innovator :D LOL

Cods should donate it's brain to science. Its probably still in its original wrapping. Never been used.

Sun Tzu wrote on Nov 5^th, 2015 at 10:54am:

Cods should donate it's brain to science. Its probably still in its original wrapping. Never been used.

it's certainly should be well preserved ... soaked in alcohol since birth from the looks of it.

Sun Tzu wrote on Nov 5^th, 2015 at 10:54am:

Cods should donate it's brain to science. Its probably still in its original wrapping. Never been used.

Only one brain cell - not much to donate :D LOL

Sir lastnail wrote on Nov 5^th, 2015 at 11:05am:

Sun Tzu wrote on Nov 5th, 2015 at 10:54am: Cods should donate it's brain to science. Its probably still in its original wrapping. Never been used. Only one brain cell - not much to donate :D LOL

Denizen Double Plus Good could benefit from a brain cell. The poor wretch is currently running a vacuum.