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St George of the Garden Gold Member Offline http://tinyurl.com/n 3o8m2x Posts: 9809 Gender:	Re: Abbott's PPL Reply #15 - Jan 23^rd, 2014 at 9:27am Under $300Bn and that wasn’t net debt either.
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John Smith Gold Member Offline Australian Politics Posts: 74521 Gender:	Re: Abbott's PPL Reply #16 - Jan 23^rd, 2014 at 10:49am FriYAY wrote on Jan 23^rd, 2014 at 9:26am: Doctor Jolly wrote on Jan 23^rd, 2014 at 9:18am: This is why we need a 1/2 trillion dollar debt. Yes we need it, that's why the ALP delivered $400 million of it to us. $400 million now? It's a pity your erections don't go up as fast as labors debt!
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FriYAY

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Re: Abbott's PPL
Reply #17 - Jan 23^rd, 2014 at 11:05am

John Smith wrote on Jan 23^rd, 2014 at 10:49am:

FriYAY wrote on Jan 23^rd, 2014 at 9:26am:

Doctor Jolly wrote on Jan 23^rd, 2014 at 9:18am:

This is why we need a 1/2 trillion dollar debt.

Yes we need it, that's why the ALP delivered $400 million of it to us.

Roll Eyes

$400 million now? It's a pity your erections don't go up as fast as labors debt!

bugger you cock head

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John Smith

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Re: Abbott's PPL
Reply #18 - Jan 23^rd, 2014 at 11:07am

FriYAY wrote on Jan 23^rd, 2014 at 11:05am:

John Smith wrote on Jan 23^rd, 2014 at 10:49am:

FriYAY wrote on Jan 23^rd, 2014 at 9:26am:

Doctor Jolly wrote on Jan 23^rd, 2014 at 9:18am:

This is why we need a 1/2 trillion dollar debt.

Yes we need it, that's why the ALP delivered $400 million of it to us.

Roll Eyes

$400 million now? It's a pity your erections don't go up as fast as labors debt!

bugger you cock head

strike a nerve, did I? Grin

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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FriYAY

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Re: Abbott's PPL
Reply #19 - Jan 23^rd, 2014 at 11:15am

John Smith wrote on Jan 23^rd, 2014 at 11:07am:

FriYAY wrote on Jan 23^rd, 2014 at 11:05am:

John Smith wrote on Jan 23^rd, 2014 at 10:49am:

FriYAY wrote on Jan 23^rd, 2014 at 9:26am:

Doctor Jolly wrote on Jan 23^rd, 2014 at 9:18am:

This is why we need a 1/2 trillion dollar debt.

Yes we need it, that's why the ALP delivered $400 million of it to us.

Roll Eyes

$400 million now? It's a pity your erections don't go up as fast as labors debt!

bugger you cock head

strike a nerve, did I? Grin

No.

Just responded to your banal dribble with and appropriate rejoinder.

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John Smith

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Re: Abbott's PPL
Reply #20 - Jan 23^rd, 2014 at 11:59am

FriYAY wrote on Jan 23^rd, 2014 at 11:15am:

John Smith wrote on Jan 23^rd, 2014 at 11:07am:

FriYAY wrote on Jan 23^rd, 2014 at 11:05am:

John Smith wrote on Jan 23^rd, 2014 at 10:49am:

FriYAY wrote on Jan 23^rd, 2014 at 9:26am:

Doctor Jolly wrote on Jan 23^rd, 2014 at 9:18am:

This is why we need a 1/2 trillion dollar debt.

Yes we need it, that's why the ALP delivered $400 million of it to us.

Roll Eyes

$400 million now? It's a pity your erections don't go up as fast as labors debt!

bugger you cock head

strike a nerve, did I? Grin

No.

Just responded to your banal dribble with and appropriate rejoinder.

yeah right .... don't worry, I believe you.......

not

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Doctor Jolly Gold Member Offline Australian Politics Posts: 3808	Re: Abbott's PPL Reply #21 - Jan 23^rd, 2014 at 12:14pm Labor left about $200b of debt. Liberals promised to cut spending to REDUCE debt. Instead they are raising debt to 1/2 a trillion and increasing spending (eg. PPL). They lied, get over it.
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Setanta

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Re: Abbott's PPL
Reply #22 - Jan 23^rd, 2014 at 12:50pm

St George of the Garden wrote on Jan 23^rd, 2014 at 7:13am:

The cost of this stupid policy is going to hurt:

1. small business as big business recovers the cost of the 1.5% levy. Banks will charge small businesses higher interest rates on their loans as one example.

No, the cost will be borne by the taxpayers. The companies paying 1.5% more tax to pay for his PPL will get a 1.5% reduction in their tax. Tony saying companies will pay for it is a cop out so he doesn't have to explain how he will fill his 5 billion dollar@year black hole. We know how though, cut welfare to the needy

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FriYAY Gold Member Offline Australian Politics Posts: 7395	Re: Abbott's PPL Reply #23 - Jan 23^rd, 2014 at 1:02pm Doctor Jolly wrote on Jan 23^rd, 2014 at 12:14pm: Labor left about $200b of debt. Liberals promised to cut spending to REDUCE debt. Instead they are raising debt to 1/2 a trillion and increasing spending (eg. PPL). They lied, get over it. With the Greens help.
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St George of the Garden

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Re: Abbott's PPL
Reply #24 - Jan 23^rd, 2014 at 1:41pm

Setanta wrote on Jan 23^rd, 2014 at 12:50pm:

St George of the Garden wrote on Jan 23^rd, 2014 at 7:13am:

The cost of this stupid policy is going to hurt:

1. small business as big business recovers the cost of the 1.5% levy. Banks will charge small businesses higher interest rates on their loans as one example.

No, the cost will be borne by the taxpayers. The companies paying 1.5% more tax to pay for his PPL will get a 1.5% reduction in their tax. Tony saying companies will pay for it is a cop out so he doesn't have to explain how he will fill his 5 billion dollar@year black hole. We know how though, cut welfare to the needy

I wonder if that 1.5% reduction in company tax will still go ahead? But the cost of the levy will be recovered by big business—no way are they going to subsidise small/medium business!

Also wonder at precautions against fraud? Family company, may have wife on the books for income splitting purposes, give her a meaningless title and when she gets pregnant—qualifies for $75K handout!

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I want Muso as GMod. Bring back Muso!

Friends of the National Broadband Network

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Bam

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Re: Abbott's PPL
Reply #25 - Jan 23^rd, 2014 at 3:18pm

FriYAY wrote on Jan 23^rd, 2014 at 9:23am:

Over generous.

Dumb politicians making dumb promises.

Needs to be scrapped, the ALP policy seemed pretty good to me.

I agree. The only thing that can be improved with the ALP's policy is extending it to 26 weeks when it is affordable to do so.

Another thing - anyone that is able to negotiate a six-figure salary should be able to negotiate top-up payments for parental leave.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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Bam

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Re: Abbott's PPL
Reply #26 - Jan 23^rd, 2014 at 3:22pm

Setanta wrote on Jan 23^rd, 2014 at 12:50pm:

St George of the Garden wrote on Jan 23^rd, 2014 at 7:13am:

The cost of this stupid policy is going to hurt:

1. small business as big business recovers the cost of the 1.5% levy. Banks will charge small businesses higher interest rates on their loans as one example.

No, the cost will be borne by the taxpayers. The companies paying 1.5% more tax to pay for his PPL will get a 1.5% reduction in their tax. Tony saying companies will pay for it is a cop out so he doesn't have to explain how he will fill his 5 billion dollar@year black hole. We know how though, cut welfare to the needy

Exactly - the "levy" is fictitious, just accounting trickery to hide the real source of the funding.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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Doctor Jolly

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Re: Abbott's PPL
Reply #27 - Jan 23^rd, 2014 at 3:23pm

FriYAY wrote on Jan 23^rd, 2014 at 1:02pm:

Doctor Jolly wrote on Jan 23^rd, 2014 at 12:14pm:

Labor left about $200b of debt.

Liberals promised to cut spending to REDUCE debt.

Instead they are raising debt to 1/2 a trillion and increasing spending (eg. PPL).

They lied, get over it.

With the Greens help.

Roll Eyes

I wouldnt be blaming the greens if I were you. Greens policy is a random "yes/no" algorithm. You luckily got a yes this time. Doesnt mean it was right

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St George of the Garden

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Re: Abbott's PPL
Reply #28 - Jan 23^rd, 2014 at 5:01pm

Bam wrote on Jan 23^rd, 2014 at 3:22pm:

Setanta wrote on Jan 23^rd, 2014 at 12:50pm:

St George of the Garden wrote on Jan 23^rd, 2014 at 7:13am:

The cost of this stupid policy is going to hurt:

1. small business as big business recovers the cost of the 1.5% levy. Banks will charge small businesses higher interest rates on their loans as one example.

No, the cost will be borne by the taxpayers. The companies paying 1.5% more tax to pay for his PPL will get a 1.5% reduction in their tax. Tony saying companies will pay for it is a cop out so he doesn't have to explain how he will fill his 5 billion dollar@year black hole. We know how though, cut welfare to the needy

Exactly - the "levy" is fictitious, just accounting trickery to hide the real source of the funding.

No, it is much more machiavellian than you think. If company tax is reduced by 1.5% so is the amount dividends are franked—the “levy” (really A Great Big New Tax) not counting for franking.

Thus—those who have super or their own investments in shares lose some income because more tax is levied. Those retired and living off investments also lose income. Those who qualify for $75K baby bonuses can resort to generous tax dodges created by those economic illiterates, Howard & Costello, to offset the drop in franking dividends.

So, in two ways will most of us pay and pay to have a few rich bitches sit on their arses for six months at our expense. Less income drawn either now or in the future and significant increase in the cost of living. Insidious, totally flawed middleclass welfare.

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I want Muso as GMod. Bring back Muso!

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# Gold Member Offline A fool is certain: an ignorant fool, absolutely so Posts: 2603	Re: Abbott's PPL Reply #29 - Jan 23^rd, 2014 at 8:23pm St George of the Garden wrote on Jan 23^rd, 2014 at 5:01pm: ... Insidious, totally flawed middleclass welfare. Do you remember the days when John Howard taxed the bejesus out of us and used the proceeds to buy our votes? Ahh memories!
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