Australian Politics Forum - Tax changes waiting in the wings

FRED.

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Re: Tax changes waiting in the wings
Reply #15 - Mar 30^th, 2013 at 1:03pm

Bobby. wrote on Mar 30^th, 2013 at 12:54pm:

Nail,
Quote:

Because it costs us 13 billion a year in interest alone to have that debt with little to show for it

That's $13 billion that can't go to: hospitals, schools & roads.

JuLiar couldn't care less about the poor.

The Federal Government has signalled a big shakeup of the $1.2 billion Comcare scheme for injured Commonwealth public servants.

A wide-ranging review ordered last year has recommended 137 changes after finding the scheme open to rorts.

The review revealed there has been a 30 per cent increase in the rate of claims for psychological injuries over the past three years.

It found payouts for conditions like stress, anxiety and depression account for more than one-third of total claims.

In one instance a claimant was flown to a Buddhist retreat in Alice Springs for anxiety.

Another had almost $30,000 of massage therapy, despite the fact there was no curative effect.

Workplace Relations Minister Bill Shorten has released the report for feedback.

He says he wants to shift the scheme's emphasis away from a payout-oriented system to one that delivers the care needed to get workers back on the job as soon as possible.

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Bobby. Gold Member Offline Australian Politics Posts: 105299 Melbourne Gender:	Re: Tax changes waiting in the wings Reply #16 - Mar 30^th, 2013 at 1:07pm Looks like I'll have to join the public service - I have stress & anxiety from my job - that Buddhist retreat sounds good to me.
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longweekend58

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Re: Tax changes waiting in the wings
Reply #17 - Mar 30^th, 2013 at 2:41pm

scope wrote on Mar 30^th, 2013 at 12:50pm:

Sir lastnail wrote on Mar 30^th, 2013 at 12:45pm:

scope wrote on Mar 30^th, 2013 at 12:36pm:

Bobby. wrote on Mar 30^th, 2013 at 12:18pm:

We don't need MORE taxes - we need to live within our means.

It wouldn't matter if the GST was 25% -
Labor would still spend it all & borrow another $300 billion.

Labor cannot & will never be able to manage money.

You know Bobby it's c rap statements like this that make me wonder just how smart the average Australian is, do you ever think for yourself? do you do any research? do you have any data to back up your statement?

Really it's not that hard to do research http://www.australiandebtclock.com.au/

And why is debt such a bad thing?
manageable debt that is, you like many others have been brainwashed by Howard and Costello.

debt has a purpose - SHORT TERM coverage of inadequate revenue. the problem is that labor cannot even get the budget balanced nevermind actually paying down the debt.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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scope

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Re: Tax changes waiting in the wings
Reply #18 - Mar 30^th, 2013 at 2:53pm

longweekend58 wrote on Mar 30^th, 2013 at 2:41pm:

scope wrote on Mar 30^th, 2013 at 12:50pm:

Sir lastnail wrote on Mar 30^th, 2013 at 12:45pm:

scope wrote on Mar 30^th, 2013 at 12:36pm:

Bobby. wrote on Mar 30^th, 2013 at 12:18pm:

We don't need MORE taxes - we need to live within our means.

It wouldn't matter if the GST was 25% -
Labor would still spend it all & borrow another $300 billion.

Labor cannot & will never be able to manage money.

You know Bobby it's c rap statements like this that make me wonder just how smart the average Australian is, do you ever think for yourself? do you do any research? do you have any data to back up your statement?

Really it's not that hard to do research http://www.australiandebtclock.com.au/

And why is debt such a bad thing?
manageable debt that is, you like many others have been brainwashed by Howard and Costello.

debt has a purpose - SHORT TERM coverage of inadequate revenue. the problem is that labor cannot even get the budget balanced nevermind actually paying down the debt.

How did Howard and Costello balance the budget?
They took the easy way
higher tax and massive sell offs of public assets,
any fool can do this.
Labor paying down the debt, yes they have been , I don't have the figures handy but will post them later.

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hadrian_now Gold Member Offline Australian Politics Posts: 1041 Gender:	Re: Tax changes waiting in the wings Reply #19 - Mar 30^th, 2013 at 2:53pm Nobody interested in discussing actual tax changes that could happen?
Back to top	Disclosure: anything I write may be deemed to be extremist, particularly if it is critical of the ALP or Greens. Look away now if squeamish. Life may be too short, so have a laugh & enjoy. IP Logged

longweekend58

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Re: Tax changes waiting in the wings
Reply #20 - Mar 30^th, 2013 at 3:02pm

scope wrote on Mar 30^th, 2013 at 2:53pm:

longweekend58 wrote on Mar 30^th, 2013 at 2:41pm:

scope wrote on Mar 30^th, 2013 at 12:50pm:

Sir lastnail wrote on Mar 30^th, 2013 at 12:45pm:

scope wrote on Mar 30^th, 2013 at 12:36pm:

Bobby. wrote on Mar 30^th, 2013 at 12:18pm:

We don't need MORE taxes - we need to live within our means.

It wouldn't matter if the GST was 25% -
Labor would still spend it all & borrow another $300 billion.

Labor cannot & will never be able to manage money.

You know Bobby it's c rap statements like this that make me wonder just how smart the average Australian is, do you ever think for yourself? do you do any research? do you have any data to back up your statement?

Really it's not that hard to do research http://www.australiandebtclock.com.au/

And why is debt such a bad thing?
manageable debt that is, you like many others have been brainwashed by Howard and Costello.

debt has a purpose - SHORT TERM coverage of inadequate revenue. the problem is that labor cannot even get the budget balanced nevermind actually paying down the debt.

How did Howard and Costello balance the budget?
They took the easy way
higher tax and massive sell offs of public assets,
any fool can do this.
Labor paying down the debt, yes they have been , I don't have the figures handy but will post them later.

Costello atually lowered income taxes and the sell off of assets was soemthing labor has also done but Howard managed to pay off $96B of detb, gets surplus AND an $80B future fund. at least they had something to show for it. I cant wit to see u explain how this labor govt has reduced debt levels!

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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longweekend58 Gold Member Offline Australian Politics Posts: 45675 Gender:	Re: Tax changes waiting in the wings Reply #21 - Mar 30^th, 2013 at 3:06pm hadrian_now wrote on Mar 30^th, 2013 at 2:53pm: Nobody interested in discussing actual tax changes that could happen? i would like to see the GST increased and things like payroll tax and stamp duty removed along with some income tax reductions.
Back to top	AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..." IP Logged

scope

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Posts: 1303
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Re: Tax changes waiting in the wings
Reply #22 - Mar 30^th, 2013 at 3:12pm

longweekend58 wrote on Mar 30^th, 2013 at 3:02pm:

scope wrote on Mar 30^th, 2013 at 2:53pm:

longweekend58 wrote on Mar 30^th, 2013 at 2:41pm:

scope wrote on Mar 30^th, 2013 at 12:50pm:

Sir lastnail wrote on Mar 30^th, 2013 at 12:45pm:

scope wrote on Mar 30^th, 2013 at 12:36pm:

Bobby. wrote on Mar 30^th, 2013 at 12:18pm:

We don't need MORE taxes - we need to live within our means.

It wouldn't matter if the GST was 25% -
Labor would still spend it all & borrow another $300 billion.

Labor cannot & will never be able to manage money.

You know Bobby it's c rap statements like this that make me wonder just how smart the average Australian is, do you ever think for yourself? do you do any research? do you have any data to back up your statement?

Really it's not that hard to do research http://www.australiandebtclock.com.au/

And why is debt such a bad thing?
manageable debt that is, you like many others have been brainwashed by Howard and Costello.

debt has a purpose - SHORT TERM coverage of inadequate revenue. the problem is that labor cannot even get the budget balanced nevermind actually paying down the debt.

How did Howard and Costello balance the budget?
They took the easy way
higher tax and massive sell offs of public assets,
any fool can do this.
Labor paying down the debt, yes they have been , I don't have the figures handy but will post them later.

Costello atually lowered income taxes and the sell off of assets was soemthing labor has also done but Howard managed to pay off $96B of detb, gets surplus AND an $80B future fund. at least they had something to show for it. I cant wit to see u explain how this labor govt has reduced debt levels!

Yes they sold off assets to pay the debt around $72B I believe, so how much debt pay down did they actually fund, around $24b , not too hard to do when the tax receipts are higher and you spend less on infrastructure. Do you want to compere asset sales in actual figures between the two parties?

The future fund, ( Simon Creans idea I might add) was started with $50B and has since grown to around $80B possibly the only good reform Costello ever did.

As I said I will post the figures later I don't have them on this computer,

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longweekend58

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Australian Politics

Posts: 45675
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Re: Tax changes waiting in the wings
Reply #23 - Mar 30^th, 2013 at 4:11pm

scope wrote on Mar 30^th, 2013 at 3:12pm:

longweekend58 wrote on Mar 30^th, 2013 at 3:02pm:

scope wrote on Mar 30^th, 2013 at 2:53pm:

longweekend58 wrote on Mar 30^th, 2013 at 2:41pm:

scope wrote on Mar 30^th, 2013 at 12:50pm:

Sir lastnail wrote on Mar 30^th, 2013 at 12:45pm:

scope wrote on Mar 30^th, 2013 at 12:36pm:

Bobby. wrote on Mar 30^th, 2013 at 12:18pm:

We don't need MORE taxes - we need to live within our means.

It wouldn't matter if the GST was 25% -
Labor would still spend it all & borrow another $300 billion.

Labor cannot & will never be able to manage money.

You know Bobby it's c rap statements like this that make me wonder just how smart the average Australian is, do you ever think for yourself? do you do any research? do you have any data to back up your statement?

Really it's not that hard to do research http://www.australiandebtclock.com.au/

And why is debt such a bad thing?
manageable debt that is, you like many others have been brainwashed by Howard and Costello.

debt has a purpose - SHORT TERM coverage of inadequate revenue. the problem is that labor cannot even get the budget balanced nevermind actually paying down the debt.

How did Howard and Costello balance the budget?
They took the easy way
higher tax and massive sell offs of public assets,
any fool can do this.
Labor paying down the debt, yes they have been , I don't have the figures handy but will post them later.

Costello atually lowered income taxes and the sell off of assets was soemthing labor has also done but Howard managed to pay off $96B of detb, gets surplus AND an $80B future fund. at least they had something to show for it. I cant wit to see u explain how this labor govt has reduced debt levels!

Yes they sold off assets to pay the debt around $72B I believe, so how much debt pay down did they actually fund, around $24b , not too hard to do when the tax receipts are higher and you spend less on infrastructure. Do you want to compere asset sales in actual figures between the two parties?

The future fund, ( Simon Creans idea I might add) was started with $50B and has since grown to around $80B possibly the only good reform Costello ever did.

As I said I will post the figures later I don't have them on this computer,

the debt was $96B - not $72B. you are listening to john smith who cannot count or read official documents. and they also had a $22B surplus as well.

thats what actual debt reduction is about. Labor - esp this one - is terrrible at debt reduction.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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MOTR Gold Member Offline Australian Politics Posts: 6646	Re: Tax changes waiting in the wings Reply #24 - Mar 30^th, 2013 at 4:16pm Longy, you're not pretending that debt reduction was a desireable policy over the last 6 years, are you?
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longweekend58

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Re: Tax changes waiting in the wings
Reply #25 - Mar 30^th, 2013 at 4:24pm

MOTR wrote on Mar 30^th, 2013 at 4:16pm:

Longy, you're not pretending that debt reduction was a desireable policy over the last 6 years, are you?

during the GFC of course not, but in the last couple years we should have balanced the budget at least and starting to reduce debt now. labor is on a continual and expanding trajectory of deficit spending and increased debt that shows no sign of changing.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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scope

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Posts: 1303
Gender: male

Re: Tax changes waiting in the wings
Reply #26 - Mar 30^th, 2013 at 4:26pm

longweekend58 wrote on Mar 30^th, 2013 at 4:11pm:

scope wrote on Mar 30^th, 2013 at 3:12pm:

longweekend58 wrote on Mar 30^th, 2013 at 3:02pm:

scope wrote on Mar 30^th, 2013 at 2:53pm:

longweekend58 wrote on Mar 30^th, 2013 at 2:41pm:

scope wrote on Mar 30^th, 2013 at 12:50pm:

Sir lastnail wrote on Mar 30^th, 2013 at 12:45pm:

scope wrote on Mar 30^th, 2013 at 12:36pm:

Bobby. wrote on Mar 30^th, 2013 at 12:18pm:

We don't need MORE taxes - we need to live within our means.

It wouldn't matter if the GST was 25% -
Labor would still spend it all & borrow another $300 billion.

Labor cannot & will never be able to manage money.

You know Bobby it's c rap statements like this that make me wonder just how smart the average Australian is, do you ever think for yourself? do you do any research? do you have any data to back up your statement?

Really it's not that hard to do research http://www.australiandebtclock.com.au/

And why is debt such a bad thing?
manageable debt that is, you like many others have been brainwashed by Howard and Costello.

debt has a purpose - SHORT TERM coverage of inadequate revenue. the problem is that labor cannot even get the budget balanced nevermind actually paying down the debt.

How did Howard and Costello balance the budget?
They took the easy way
higher tax and massive sell offs of public assets,
any fool can do this.
Labor paying down the debt, yes they have been , I don't have the figures handy but will post them later.

Costello atually lowered income taxes and the sell off of assets was soemthing labor has also done but Howard managed to pay off $96B of detb, gets surplus AND an $80B future fund. at least they had something to show for it. I cant wit to see u explain how this labor govt has reduced debt levels!

Yes they sold off assets to pay the debt around $72B I believe, so how much debt pay down did they actually fund, around $24b , not too hard to do when the tax receipts are higher and you spend less on infrastructure. Do you want to compere asset sales in actual figures between the two parties?

The future fund, ( Simon Creans idea I might add) was started with $50B and has since grown to around $80B possibly the only good reform Costello ever did.

As I said I will post the figures later I don't have them on this computer,

the debt was $96B - not $72B. you are listening to john smith who cannot count or read official documents. and they also had a $22B surplus as well.

thats what actual debt reduction is about. Labor - esp this one - is terrrible at debt reduction.

Show me where I claimed the debt was $72B ? I said the asset sales where around $72B and they funded a further $24B in debt reduction together they equal $96B
Comprehension is not your strong point is it.
So debt reduction is selling your home to pay off the debt leaving you with nothing but a surplus.
As I said any idiot could do that.

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MOTR Gold Member Offline Australian Politics Posts: 6646	Re: Tax changes waiting in the wings Reply #27 - Mar 30^th, 2013 at 4:31pm And how much of that debt was actually accumulated by Howard, one off the worst treasurers we have ever had.
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longweekend58

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Australian Politics

Posts: 45675
Gender: male

Re: Tax changes waiting in the wings
Reply #28 - Mar 30^th, 2013 at 4:31pm

scope wrote on Mar 30^th, 2013 at 4:26pm:

longweekend58 wrote on Mar 30^th, 2013 at 4:11pm:

scope wrote on Mar 30^th, 2013 at 3:12pm:

longweekend58 wrote on Mar 30^th, 2013 at 3:02pm:

scope wrote on Mar 30^th, 2013 at 2:53pm:

longweekend58 wrote on Mar 30^th, 2013 at 2:41pm:

scope wrote on Mar 30^th, 2013 at 12:50pm:

Sir lastnail wrote on Mar 30^th, 2013 at 12:45pm:

scope wrote on Mar 30^th, 2013 at 12:36pm:

Bobby. wrote on Mar 30^th, 2013 at 12:18pm:

We don't need MORE taxes - we need to live within our means.

It wouldn't matter if the GST was 25% -
Labor would still spend it all & borrow another $300 billion.

Labor cannot & will never be able to manage money.

You know Bobby it's c rap statements like this that make me wonder just how smart the average Australian is, do you ever think for yourself? do you do any research? do you have any data to back up your statement?

Really it's not that hard to do research http://www.australiandebtclock.com.au/

And why is debt such a bad thing?
manageable debt that is, you like many others have been brainwashed by Howard and Costello.

debt has a purpose - SHORT TERM coverage of inadequate revenue. the problem is that labor cannot even get the budget balanced nevermind actually paying down the debt.

How did Howard and Costello balance the budget?
They took the easy way
higher tax and massive sell offs of public assets,
any fool can do this.
Labor paying down the debt, yes they have been , I don't have the figures handy but will post them later.

Costello atually lowered income taxes and the sell off of assets was soemthing labor has also done but Howard managed to pay off $96B of detb, gets surplus AND an $80B future fund. at least they had something to show for it. I cant wit to see u explain how this labor govt has reduced debt levels!

Yes they sold off assets to pay the debt around $72B I believe, so how much debt pay down did they actually fund, around $24b , not too hard to do when the tax receipts are higher and you spend less on infrastructure. Do you want to compere asset sales in actual figures between the two parties?

The future fund, ( Simon Creans idea I might add) was started with $50B and has since grown to around $80B possibly the only good reform Costello ever did.

As I said I will post the figures later I don't have them on this computer,

the debt was $96B - not $72B. you are listening to john smith who cannot count or read official documents. and they also had a $22B surplus as well.

thats what actual debt reduction is about. Labor - esp this one - is terrrible at debt reduction.

Show me where I claimed the debt was $72B ? I said the asset sales where around $72B and they funded a further $24B in debt reduction together they equal $96B
Comprehension is not your strong point is it.
So debt reduction is selling your home to pay off the debt leaving you with nothing but a surplus.
As I said any idiot could do that.

to be reasonable, your statement was a tad ambiguous. however, it was more than $24B. you forget the $22B surplus as well as the future fund. It was hardly small potatoes and still flies in the face of this last 6 years of labor increasing debt and deficit to record levels.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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MOTR Gold Member Offline Australian Politics Posts: 6646	Re: Tax changes waiting in the wings Reply #29 - Mar 30^th, 2013 at 4:33pm Net debt is running at about 10% of GDP. This is far from being at record levels.
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Poll
Question: Can Labor manage money?
yes 5 (55.6%) no 4 (44.4%) not sure 0 (0.0%) Total votes: 9 « Created by: Bobby. on: Mar 30^th, 2013 at 12:41pm »