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longweekend58

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Re: NBN progress?
Reply #15 - Sep 17^th, 2013 at 3:00pm

ImSpartacus2 wrote on Sep 17^th, 2013 at 12:38pm:

Swagman wrote on Sep 17^th, 2013 at 12:15pm:

What's the current cost of the NBN? $60 Billion dollars?

Ok 250,000 people signed the petition.

If each of you people that signed the petition donate $250,000 towards the establishment cost of the NBN there'd be no need to flay us poor taxpayers.

Do YOU have a spare 250 Grand?????

Tongue

Actually I got a better idea.Not lowering the company tax rate and increasing it to what we all pay. Reduce the numerous and outlandish number of tax deductions they give to business. Make companies and business pay a minimum amount of tax no matter how many deductions they claim and bring back the original resources tax So that you blokes stop flaying the poor taxpayer and we can get a decent NBN for the benefit of all not JUST YOU.

yeah that will only cost about 2 million jobs and devastate the economy. you should go work for Mugabe.

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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

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Re: NBN progress?
Reply #16 - Sep 17^th, 2013 at 3:02pm

# wrote on Sep 17^th, 2013 at 2:41pm:

Swagman wrote on Sep 17^th, 2013 at 2:36pm:

...
Equitable share? That's hogwash.

The majority of tax is paid by a minority of people.

The lion's share of the cost of Govt / infrastructure is already being paid for by a small minority.

The top 9% of people pay 49% of income tax
The top 40% of people pay 90% of income tax
The bottom 60% pay 10% only
The bottom 25% pay zero, not a zac, effall.

http://www.ato.gov.au/misc/flash/webready/100people.html
...

If you're saying there's inequity in that, then you'll have to point it out.

LOL... like I said... 'equitable' is when OTHER people pay your tax - according to the smacking buggerhead.

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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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Sprintcyclist

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Re: NBN progress?
Reply #17 - Sep 17^th, 2013 at 3:13pm

longweekend58 wrote on Sep 17^th, 2013 at 3:00pm:

ImSpartacus2 wrote on Sep 17^th, 2013 at 12:38pm:

Swagman wrote on Sep 17^th, 2013 at 12:15pm:

What's the current cost of the NBN? $60 Billion dollars?

Ok 250,000 people signed the petition.

If each of you people that signed the petition donate $250,000 towards the establishment cost of the NBN there'd be no need to flay us poor taxpayers.

Do YOU have a spare 250 Grand?????

Tongue

Actually I got a better idea.Not lowering the company tax rate and increasing it to what we all pay. Reduce the numerous and outlandish number of tax deductions they give to business. Make companies and business pay a minimum amount of tax no matter how many deductions they claim and bring back the original resources tax So that you blokes stop flaying the poor taxpayer and we can get a decent NBN for the benefit of all not JUST YOU.

yeah that will only cost about 2 million jobs and devastate the economy. you should go work for Mugabe.

hahahah - quite true longie.

sparatacus - tax is payable on net profit.

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longweekend58

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Re: NBN progress?
Reply #18 - Sep 17^th, 2013 at 3:21pm

Sprintcyclist wrote on Sep 17^th, 2013 at 3:13pm:

longweekend58 wrote on Sep 17^th, 2013 at 3:00pm:

ImSpartacus2 wrote on Sep 17^th, 2013 at 12:38pm:

Swagman wrote on Sep 17^th, 2013 at 12:15pm:

What's the current cost of the NBN? $60 Billion dollars?

Ok 250,000 people signed the petition.

If each of you people that signed the petition donate $250,000 towards the establishment cost of the NBN there'd be no need to flay us poor taxpayers.

Do YOU have a spare 250 Grand?????

Tongue

Actually I got a better idea.Not lowering the company tax rate and increasing it to what we all pay. Reduce the numerous and outlandish number of tax deductions they give to business. Make companies and business pay a minimum amount of tax no matter how many deductions they claim and bring back the original resources tax So that you blokes stop flaying the poor taxpayer and we can get a decent NBN for the benefit of all not JUST YOU.

yeah that will only cost about 2 million jobs and devastate the economy. you should go work for Mugabe.

hahahah - quite true longie.

sparatacus - tax is payable on net profit.

it is hard to do anything but laugh at clowns like him. LOWER taxation rates is a stimulus to employment and the reverse is just as true.

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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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Swagman

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Re: NBN progress?
Reply #19 - Sep 17^th, 2013 at 3:27pm

# wrote on Sep 17^th, 2013 at 2:41pm:

Swagman wrote on Sep 17^th, 2013 at 2:36pm:

...
Equitable share? That's hogwash.

The majority of tax is paid by a minority of people.

The lion's share of the cost of Govt / infrastructure is already being paid for by a small minority.

The top 9% of people pay 49% of income tax
The top 40% of people pay 90% of income tax
The bottom 60% pay 10% only
The bottom 25% pay zero, not a zac, effall.

http://www.ato.gov.au/misc/flash/webready/100people.html
...

If you're saying there's inequity in that, then you'll have to point it out.

I just did.... Grin

Let's look at the NBN and its price tag of around $60 Billion these days.

YOU think my suggestion that the 200,000 petitioners should pay for the NBN is inequitable?

Using the above stats (Source; ATO)

$60,000,000,000 - Price tag of NBN

Who will be paying for the NBN now?

9% of people are paying for 49% of it. ($29 Billion)

40% of people are paying for 90% of it ($54 Billion)

25% (ONE QUARTER) of people pay

ZERO

You think this is equitable? Grin

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longweekend58

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Re: NBN progress?
Reply #20 - Sep 17^th, 2013 at 3:48pm

Swagman wrote on Sep 17^th, 2013 at 3:27pm:

# wrote on Sep 17^th, 2013 at 2:41pm:

Swagman wrote on Sep 17^th, 2013 at 2:36pm:

...
Equitable share? That's hogwash.

The majority of tax is paid by a minority of people.

The lion's share of the cost of Govt / infrastructure is already being paid for by a small minority.

The top 9% of people pay 49% of income tax
The top 40% of people pay 90% of income tax
The bottom 60% pay 10% only
The bottom 25% pay zero, not a zac, effall.

http://www.ato.gov.au/misc/flash/webready/100people.html
...

If you're saying there's inequity in that, then you'll have to point it out.

I just did.... Grin

Let's look at the NBN and its price tag of around $60 Billion these days.

YOU think my suggestion that the 200,000 petitioners should pay for the NBN is inequitable?

Using the above stats (Source; ATO)

$60,000,000,000 - Price tag of NBN

Who will be paying for the NBN now?

9% of people are paying for 49% of it. ($29 Billion)

40% of people are paying for 90% of it ($54 Billion)

25% (ONE QUARTER) of people pay

ZERO

You think this is equitable? Grin

but guess which segment the smacking buggerhead comes from?? yep, the last one.

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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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# Gold Member Offline A fool is certain: an ignorant fool, absolutely so Posts: 2603	Re: NBN progress? Reply #21 - Sep 17^th, 2013 at 3:55pm longweekend58 wrote on Sep 17^th, 2013 at 2:44pm: ... when they mention 'taxes', they mean other people's taxes. Speaking for myself, I'm quite happy paying my share. It's the Rabid Right that whines.
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# Gold Member Offline A fool is certain: an ignorant fool, absolutely so Posts: 2603	Re: NBN progress? Reply #22 - Sep 17^th, 2013 at 3:57pm longweekend58 wrote on Sep 17^th, 2013 at 3:02pm: ... 'equitable' is when OTHER people pay your tax ... Equitable is when those who can pay most, do pay most.
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longweekend58

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Re: NBN progress?
Reply #23 - Sep 17^th, 2013 at 3:59pm

# wrote on Sep 17^th, 2013 at 3:57pm:

longweekend58 wrote on Sep 17^th, 2013 at 3:02pm:

... 'equitable' is when OTHER people pay your tax ...

Equitable is when those who can pay most, do pay most.

No it isn't. Equitable has a more complex definition and since it is based on the term EQUAL that is your clue.

your definition is the definition of socialism.

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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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# Gold Member Offline A fool is certain: an ignorant fool, absolutely so Posts: 2603	Re: NBN progress? Reply #24 - Sep 17^th, 2013 at 3:59pm Sprintcyclist wrote on Sep 17^th, 2013 at 3:13pm: ... - tax is payable on net profit. Which is why 100% tax on net profit is not such a silly idea. It could encourage investment over profiteering.
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Re: NBN progress?
Reply #25 - Sep 17^th, 2013 at 4:03pm

longweekend58 wrote on Sep 17^th, 2013 at 3:21pm:

... LOWER taxation rates is a stimulus ...

Higher business taxation would facilitate lower personal taxation. Perhaps eliminating personal taxes, and the costs associated with collecting them, entirely. Collecting taxes from fewer entities just has to be a money-saver, now doesn't it?

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Re: NBN progress?
Reply #26 - Sep 17^th, 2013 at 4:08pm

Swagman wrote on Sep 17^th, 2013 at 3:27pm:

...
Let's look at the NBN and its price tag of around $60 Billion these days.

YOU think my suggestion that the 200,000 petitioners should pay for the NBN is inequitable?

I reckon it's as equitable as expecting those who campaign for water reticulation, sewerage, roads, etc. to pay for what is, after all, public infrastructure.
Swagman wrote on Sep 17^th, 2013 at 3:27pm:

Using the above stats (Source; ATO)

$60,000,000,000 - Price tag of NBN

Who will be paying for the NBN now?

9% of people are paying for 49% of it. ($29 Billion)

40% of people are paying for 90% of it ($54 Billion)

25% (ONE QUARTER) of people pay

ZERO

You think this is equitable?

If those who can afford most end up paying most, then yes. Remember, this is a public good, not private property.

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Re: NBN progress?
Reply #27 - Sep 17^th, 2013 at 4:12pm

longweekend58 wrote on Sep 17^th, 2013 at 3:48pm:

Swagman wrote on Sep 17^th, 2013 at 3:27pm:

...
$60,000,000,000 - Price tag of NBN

Who will be paying for the NBN now?

9% of people are paying for 49% of it. ($29 Billion)

40% of people are paying for 90% of it ($54 Billion)

25% (ONE QUARTER) of people pay

ZERO

...

but guess which segment the smacking buggerhead comes from?? yep, the last one.

Assuming you're referring to me, though a self-funded retiree, I've been fortunate enough that my investment income attracts tax.

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Re: NBN progress?
Reply #28 - Sep 17^th, 2013 at 4:17pm

longweekend58 wrote on Sep 17^th, 2013 at 3:59pm:

# wrote on Sep 17^th, 2013 at 3:57pm:

longweekend58 wrote on Sep 17^th, 2013 at 3:02pm:

... 'equitable' is when OTHER people pay your tax ...

Equitable is when those who can pay most, do pay most.

No it isn't. Equitable has a more complex definition and since it is based on the term EQUAL that is your clue.
...

equitable Quote:

1. impartial or reasonable; fair; just

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Sprintcyclist Gold Member Offline OzPolitic Posts: 40763 Gender:	Re: NBN progress? Reply #29 - Sep 17^th, 2013 at 4:20pm # wrote on Sep 17^th, 2013 at 3:59pm: Sprintcyclist wrote on Sep 17^th, 2013 at 3:13pm: ... - tax is payable on net profit. Which is why 100% tax on net profit is not such a silly idea. It could encourage investment over profiteering. It's not a silly idea, it's a ludicrous idea.
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