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General Discussion >> Federal Politics >> GST & Tax Cuts http://www.ozpolitic.com/forum/YaBB.pl?num=1452892881 Message started by Labor voter on Jan 16th, 2016 at 7:21am |
Title: GST & Tax Cuts Post by Labor voter on Jan 16th, 2016 at 7:21am
As we all know some of the state premiers are pushing for a increase in the GST to 15% and the Federal Government has said that they we give us a tax cut so no one will be worst off.
As all the GST goes to the states and the tax cuts are coming from the federal government. The tax cuts will affect the federal government budget bottom line with less revenue coming in, so how will we get to a budget surplus unless the federal government from somewhere else. What infrastructure, services or programs will the government cut or will they put on extra charges if you use any of their services, will the federal government cut more money from the states to pay for the tax cuts then the states will ask for the GST to be increase again to make up the short fall. Members of the public that saying that the GST should be increase are only looking at the dollar signs in front of their eyes, look outside the square and look at the big picture and ask how will the federal government fund the tax cuts. |
Title: Re: GST & Tax Cuts Post by Labor voter on Jan 16th, 2016 at 7:22am
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Title: Re: GST & Tax Cuts Post by Swagman on Jan 16th, 2016 at 11:58am
You have to look at what the GST is spent on.
A 15% GST in 2015-16 fiscal year would generate around an extra $28 Billion nationally. source: This $28 billion would be redistributed almost entirely into public services but public services also spend vast sums on private suppliers and will need more govt employees to provide the extra public services. Income tax cuts combined with a boost in State Govt expenditures should generate additional economic activity and more employment with it which generates more income tax and company tax revenues for the Federal Govt. What opponents to the regressive nature of the GST dismiss is the FACT that taxation benefits low income earners the most. Most of the Scandinavian social democracies have high levels of VAT (which is just a GST by another name). These States (Finland for example) have comparable marginal income tax rates, much lower company tax rates and a VAT of 25% :o They also have low cost quality universal health care and university education. Labor and Leftists just use the GST as a political wedge. Keating got another term by howling down the GST in just this fashion. Shorten is beating the same drum. State Public servant unions should champion the GST and shout its virtues from the highest mountain. In the last 8 years GST revenues have averaged about $48 billion p.a.. source: Had the GST been at 15% an extra $24 billion dollars every year could have been channeled into State Government public services. :o More money, means more jobs and better conditions for State Govt employees which is what the state public services unions should be supporting. :( I can see why Labor State Premiers are taking a liking to having it increased...... :-? |
Title: Re: GST & Tax Cuts Post by Bam on Jan 16th, 2016 at 12:02pm Swagman wrote on Jan 16th, 2016 at 11:58am:
Incorrect. The GST goes into the Consolidated Revenue Fund, pursuant to Section 81 of the Constitution. |
Title: Re: GST & Tax Cuts Post by Swagman on Jan 16th, 2016 at 12:13pm Bam wrote on Jan 16th, 2016 at 12:02pm:
I guess you didn't bother to read the link? Quote:
So are you saying the States don't get the GST revenue Bam? |
Title: Re: GST & Tax Cuts Post by stunspore on Jan 16th, 2016 at 1:26pm
Tax on the progressive side please, not regressive.
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Title: Re: GST & Tax Cuts Post by Swagman on Jan 16th, 2016 at 1:34pm stunspore wrote on Jan 16th, 2016 at 1:26pm:
Yes you Progressives need to stop loafing and pay more tax.... :D |
Title: Re: GST & Tax Cuts Post by Dnarever on Jan 16th, 2016 at 3:34pm Labor voter wrote on Jan 16th, 2016 at 7:21am:
No that is incorrect - almost everyone will be much worse off, they promise tax cuts so that the worst off will not be worse off, everyone else will. |
Title: Re: GST & Tax Cuts Post by Andrei.Hicks on Jan 16th, 2016 at 3:40pm
I have always fundamentally believed - having lived in Australia, the UK, the US and Canada - that Australia's competitiveness is hindered by its taxation on the individual
The indirect sales tax is too low and the direct personal tax is too high and too cumbersome. Australia needs to raise its GST from its absurdly low 10% to around 17.5% and lower its direct tax and remove many of the bandings. Its higher rate kcks in far too early. I would also have a top rate of tax of 40% and potentially a 50% band that kicks in on $500,000. That would flatten the tax burden a lot and make the country more attractive to people like me. |
Title: Re: GST & Tax Cuts Post by Swagman on Jan 16th, 2016 at 3:45pm Dnarever wrote on Jan 16th, 2016 at 3:34pm:
Depends upon whether you think getting more or improved public services is being worse off or not? How many posts are started by resident leftists whinging about cuts to government spending and services? Swags. That's how many.... :D Now here's your chance to get more spending and more BSPSs. |
Title: Re: GST & Tax Cuts Post by Dnarever on Jan 16th, 2016 at 3:58pm Andrei.Hicks wrote on Jan 16th, 2016 at 3:40pm:
Australia, the UK, the US and Canada It seems that of these countries only the UK has a higher GST rate than Australia ? That would flatten the tax burden a lot and make the country more attractive to people like me What a great reason to keep it as it is. |
Title: Re: GST & Tax Cuts Post by Dnarever on Jan 16th, 2016 at 4:01pm Swagman wrote on Jan 16th, 2016 at 3:45pm:
I don't see how increasing taxes to replace the $80 Billion the Liberals took out of Health and education will provide any new service - all it will do is to help prevent the loss of more services. |
Title: Re: GST & Tax Cuts Post by mariacostel on Jan 16th, 2016 at 4:10pm Andrei.Hicks wrote on Jan 16th, 2016 at 3:40pm:
Typically, I would agree. I believe that spreading the tax burden is both more egalitatarian as well as more effective. The only thing is about doing it gradually so that the changes don't overwhelm - even if it is only a perception. Politics is about managing perceptions as much as realities and is even more so with tax. The aim to is make people believe that it is fair by 1) making it fair and equal and 2) managing the methods of change to confirm that. There are some here for whom no tax change will ever be fair unless they get to pay less and the rich get to pay more. Even if it were the same percentage of change they will still moan endlessly and yes, DNA I am referring to you and your ilk. Attitudes like those which are intrinsically self-centered and often ridiculous will simply be ignored by those in power. You need to realise that in any endeavour in life, if you are the kind of person who will only be happy if others are showering you with undeserved gifts and benefits, you will largely be ignored and shunned. If you want your voice to be heard, then make it a reasonable voice and not just a greedy self-centered one. |
Title: Re: GST & Tax Cuts Post by Swagman on Jan 16th, 2016 at 4:10pm Dnarever wrote on Jan 16th, 2016 at 4:01pm:
Source ? Or are you telling porky pies again? |
Title: Re: GST & Tax Cuts Post by mariacostel on Jan 16th, 2016 at 4:12pm Dnarever wrote on Jan 16th, 2016 at 4:01pm:
Say again? You don't see how giving the states more money for services won't provide more services? |
Title: Re: GST & Tax Cuts Post by Dnarever on Jan 16th, 2016 at 4:22pm mariacostel wrote on Jan 16th, 2016 at 4:12pm:
They are not really getting more money just replacing the money they lost in the previous federal budget. The government are double dipping on our tax dollars, we already paid for it once and now they want us to pay for it again. |
Title: Re: GST & Tax Cuts Post by Dnarever on Jan 16th, 2016 at 4:25pm Swagman wrote on Jan 16th, 2016 at 4:10pm:
You should be up with the basics - This has been a known from the beginning of the process. The Federal Government (Joe) stripping money from Health and education was done to provide an incentive for the states to push for an increase to the GST. |
Title: Re: GST & Tax Cuts Post by Swagman on Jan 16th, 2016 at 4:34pm Dnarever wrote on Jan 16th, 2016 at 4:25pm:
You said $80 Billion. $80 Billion is 80% of health & education budget. ::) source |
Title: Re: GST & Tax Cuts Post by mariacostel on Jan 16th, 2016 at 4:34pm Dnarever wrote on Jan 16th, 2016 at 4:22pm:
And this is a perfect example of why no one will ever listen to you on tax policy. All you ever do is criticise a Liberal policy no matter what. |
Title: Re: GST & Tax Cuts Post by Dnarever on Jan 16th, 2016 at 5:08pm mariacostel wrote on Jan 16th, 2016 at 4:34pm:
It does seem that under this government a lot of policy needs to be criticised. Maybe the Liberals should find a better government ? Maybe Try Tony Abbotts suggestion to start good government, sometime soon would be an idea ? |
Title: Re: GST & Tax Cuts Post by mariacostel on Jan 16th, 2016 at 5:26pm Dnarever wrote on Jan 16th, 2016 at 5:08pm:
Did you think that drivel was a potent argument? Given that the economy is improving in globally difficult circumstances would indicate they are doing a good job with good policies. Not every policy's worth is determined by you personal hip-pocket nerve. |
Title: Re: GST & Tax Cuts Post by John Smith on Jan 16th, 2016 at 5:28pm Swagman wrote on Jan 16th, 2016 at 11:58am:
Well, according to the libs, it's going to pay of all our debt fund education now and into the future fund health now and into the future pay for income tax cuts pay for compensation pay for company tax cuts hmmm, maybe they should put up the GST to 50%? :D :D :D |
Title: Re: GST & Tax Cuts Post by John Smith on Jan 16th, 2016 at 5:29pm mariacostel wrote on Jan 16th, 2016 at 5:26pm:
I don' think he thought he was presenting an argument ... I suspect he thought he was merely presenting facts. What part did he get wrong? |
Title: Re: GST & Tax Cuts Post by mariacostel on Jan 16th, 2016 at 5:43pm John Smith wrote on Jan 16th, 2016 at 5:29pm:
Just as ignorant as ever, I see. I spent holidays with a variety of friends, one of them a Professor and another a Liberal Party candidate (blue-ribbon labor seat). It was a delight to indulge in intelligent reparte, knowing that the hearer - even if they disagreed with your - actually understood what was said. I could use words - some of them big words - and know that they were understood. Nothing like here with ignorami like you (see the Latin plural?) |
Title: Re: GST & Tax Cuts Post by John Smith on Jan 16th, 2016 at 5:55pm mariacostel wrote on Jan 16th, 2016 at 5:43pm:
they couldn't have been that intelligent after all, you claim you understood them. |
Title: Re: GST & Tax Cuts Post by Bam on Jan 16th, 2016 at 6:54pm Swagman wrote on Jan 16th, 2016 at 12:13pm:
Any argument that a particular Federal tax pays for particular expenditure is technically incorrect, see the citation provided. The Budget appropriations for state assistance are not actually required to match the amount of the GST raised. Another example - the Medicare levy is supposed to fund Medicare, but the Federal Government has been diverting Medicare revenue for other purposes for 20 years (eg: gun buyback levy), and especially so in the past few years when the Medicare funds have been growing but the Liberals have frozen Medicare rebates. The reason? All Federal taxes raised go into the Consolidated Revenue Fund. If any do not, they are not constitutional. |
Title: Re: GST & Tax Cuts Post by Bam on Jan 16th, 2016 at 7:01pm
Put the GST onto private health insurance and remove the rebate. That should raise about $8B a year, or somewhat less if we also remove the 1% surcharge on high income earners without private health insurance.
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Title: Re: GST & Tax Cuts Post by Swagman on Jan 16th, 2016 at 7:10pm Bam wrote on Jan 16th, 2016 at 6:54pm:
So what? It's where it ends up and what the States do with it that's important. The States can potentially receive 50% more general revenue assistance? Why would any State Govt Labor or Coalition be against that? :( I'll say again, why would the State's public service unions be against it? |
Title: Re: GST & Tax Cuts Post by stunspore on Jan 16th, 2016 at 7:28pm
how about fed govt properly help fund states instead of relying on gst? Not enough money? How about take money from those who have it - not those who don't or not enough.
The libs go .. blah blah, rich pay too much, blah blah. Well I am happy to have this take it to the vote. For those who claim this just majority oppressing minority - I suppose it's more "fair" that the more tax they pay, the more votes they get? No doubt those rich won't get many votes - due to all those tax deductions. |
Title: Re: GST & Tax Cuts Post by Bam on Jan 16th, 2016 at 8:43pm Swagman wrote on Jan 16th, 2016 at 7:10pm:
You still don't seem to get it. There is no guarantee that money raised by a particular tax will be spent in any particular way. It is disingenuous to pretend otherwise. Nobody else - not even Morrison - is claiming that 100% of any GST rise will go to the states. Why do you? |
Title: Re: GST & Tax Cuts Post by stunspore on Jan 16th, 2016 at 9:43pm
Here's an idea. If the Feds are so happy to take up less money via tax cuts, how about passing those "cuts" to the states instead? Say they did a 3% cut, instead, they forgo 3% and pass it to the states.
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Title: Re: GST & Tax Cuts Post by Dnarever on Jan 16th, 2016 at 9:46pm mariacostel wrote on Jan 16th, 2016 at 5:26pm:
Do you feel that making random unsupportable statements has any impact on anyone ? |
Title: Re: GST & Tax Cuts Post by Dnarever on Jan 16th, 2016 at 9:48pm mariacostel wrote on Jan 16th, 2016 at 4:34pm:
perfect example of why no one will ever listen to you on tax policy Your confused Maria - this is Longy's line to be talking for everyone else. You are not really coming on board with the policy of taxing our way to prosperity are you. |
Title: Re: GST & Tax Cuts Post by Jovial Monk on Jan 16th, 2016 at 10:31pm
Why is Longy wearing a skirt again today?
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Title: Re: GST & Tax Cuts Post by The Grappler on Jan 17th, 2016 at 1:06am Dnarever wrote on Jan 16th, 2016 at 9:46pm:
I thought that most of the 'good' policies of this government were blocked by the Senate... so it must be the re-designed budgetary measures caused by the Senate that are causing any 'improvement' in an economy that continues to endure over 6% fully unemployed plus times two under-employed and looking for something better.... something of value in the country that will soon be calling on all those young men to fight..... Can't have it both ways, righties - either the government is struggling because it can't get its policies through, or the Senate is forcing the government to work well despite itself..... sorry 'bout that.... |
Title: Re: GST & Tax Cuts Post by Bam on Jan 17th, 2016 at 8:42pm stunspore wrote on Jan 16th, 2016 at 9:43pm:
That would be sensible. It's also something we're not likely to see under this government. They seem to want to force a GST increase one way or another, with some of the money then used to shift the tax burden from businesses onto consumers. |
Title: Re: GST & Tax Cuts Post by mariacostel on Jan 18th, 2016 at 8:10am Bam wrote on Jan 17th, 2016 at 8:42pm:
So says the poster who wishes to claim that established facts regarding the ALP and unions are 'unproven' |
Title: Re: GST & Tax Cuts Post by Bam on Jan 18th, 2016 at 12:39pm mariacostel wrote on Jan 18th, 2016 at 8:10am:
Go back under your bridge, troll. Serve your forum ban and stop posting with sock accounts. |
Title: Re: GST & Tax Cuts Post by mariacostel on Jan 18th, 2016 at 3:46pm Bam wrote on Jan 18th, 2016 at 12:39pm:
You are the troll who claims the 36 Faceless Men incident is 'unproven'. It makes you look like a prize fool to say that. |
Title: Re: GST & Tax Cuts Post by The Grappler on Jan 18th, 2016 at 5:13pm mariacostel wrote on Jan 18th, 2016 at 3:46pm:
Those LABOR PARTY delegates? Let's say that we forbid Maria from attending a caucus even if she is elected to it by her beloved Libs..... Tony Abbott can't participate because he has business ventures..... Turnbull likewise..... Credlin's hubby is banned since he's not elected..... that's the same as saying that someone isn't entitled to be a PARTY delegate because they are a Union man... No sense at all - but that's our Mania... Easy pickings............... this is the 'talent' of the Right shown here in public...... |
Title: Re: GST & Tax Cuts Post by Dnarever on Jan 20th, 2016 at 7:58am mariacostel wrote on Jan 18th, 2016 at 3:46pm:
Are you talking about the Liberals 1963 election stunt ? |
Title: Re: GST & Tax Cuts Post by John Smith on Jan 20th, 2016 at 8:41am Dnarever wrote on Jan 20th, 2016 at 7:58am:
that was the one! ;D |
Title: Re: GST & Tax Cuts Post by SupositoryofWisdom on Jan 20th, 2016 at 8:51am Grappler Deep State Feller wrote on Jan 18th, 2016 at 5:13pm:
That horse is still twitching , flog him some more. |
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