Forum

 
  Back to OzPolitic.com   Welcome, Guest. Please Login or Register
  Forum Home Album HelpSearch Recent Rules LoginRegister  
 

Pages: 1 2 3 4 5 
Send Topic Print
Your budget wish list (Read 4894 times)
sir prince duke alevine
Gold Member
*****
Offline


Australian Politics

Posts: 23619
Gender: male
Re: Your budget wish list
Reply #45 - Apr 2nd, 2014 at 8:22pm
 
Bread and Butter wrote on Apr 2nd, 2014 at 7:40pm:
sir prince duke alevine wrote on Apr 2nd, 2014 at 5:20pm:
bogarde73 wrote on Apr 2nd, 2014 at 1:03pm:
alevine,
Funding to private schools should be looked at as a return on the education component of tax, which the parents have already paid. Surely all parents are entitled to some return for that part of the tax dollar.
If you're going to say in response, let all the kids go to public schools, you're really making an idealogical argument.
Apart from that, there are not enough public schools to cope.
The same arguments can be put for the private health rebate.

As to mining, what handouts do you have in mind? You are surely not talking about the depreciation allowances on plant, to which all businesses are entitled as an operating cost.


Actually this has nothing to do with wanting all kids to go to public.  But simply that the proposal to fund pirate schools was on the basis that it would reduce private school fees and give access to more disadvantaged kids.  Yet, study after study has shown this to have been a miserable failure and 70% of under privileged kids still, like before, go to public schooling.

So, given the result aimed at was not achieved, the only appropriate course of action is to stop the program, ie the funding.  And the very idea you think people should get something for their tax dollar, well bad luck.  You get the services the government funds.  But if you want to use a private service, you are welcome to do that but should not expect this to somehow be funded by the government. 

As for funding to mining companies, I mean these
http://mobile.abc.net.au/news/2013-06-25/nrn-dist-mining-subsidies/4778042


These so-called 'disadvantaged' kids will never go to private schools and no amount of changes will ever do that.  These are the lazy sods that get newspaper articles written about them complaining they have to pay $23 A YEAR for stationery at a public school 'that is supposed to be free'.

How could anyone ever make private school accessible to them?


So then you agree this funding is a waste of time based on its purpose.
Back to top
 

Disclaimer for Mothra per POST so it is forever acknowledged: Saying 'Islam' or 'Muslims' doesn't mean ALL muslims. This does not target individual muslims who's opinion I am not aware of.
 
IP Logged
 
sir prince duke alevine
Gold Member
*****
Offline


Australian Politics

Posts: 23619
Gender: male
Re: Your budget wish list
Reply #46 - Apr 2nd, 2014 at 8:24pm
 
Bam wrote on Apr 2nd, 2014 at 7:46pm:
  • Abolish negative gearing
  • Abolish health insurance rebate
  • All superannuation contributions to be taxed at a rate that is 15% below top marginal tax rate for that taxpayer. Anyone that makes superannuation contributions but does not earn enough to pay tax gets a government-funded 15% co-contribution.
  • Tax-free threshold raised to $30,000. Next tax bracket is 30%.
  • Index income tax brackets to CPI.
  • Raise unemployment benefits by $50 per week.
  • Index all income support payments using the same method as the aged pension.
  • Abolish diesel fuel subsidy
  • Increase PPL to 26 weeks but do not raise the payment rate.
  • Increase funding for child care.
  • Restore parenting payment for parents with youngest children aged from 8 to 15.
  • Pay subsidies to employers who employ anyone who is long-term unemployed.
  • Abolish concessional rate of capital gains tax.
  • Abolish stamp duty on property transfers except for the cost of processing the property transfer.
  • Introduce annual land tax for all properties except land under primary production, such that it raises the same
  • amount of money overall as the abolished stamp duty.
  • Reduce payroll tax.



Let's get serious though, the level of political courage that this government has already shown all we will see is the same old rhetoric that disabled abuse the pension and our public service is bloated.

Back to top
 

Disclaimer for Mothra per POST so it is forever acknowledged: Saying 'Islam' or 'Muslims' doesn't mean ALL muslims. This does not target individual muslims who's opinion I am not aware of.
 
IP Logged
 
Fit of Absent Mindeness
Gold Member
*****
Offline


We need more fits of absent
mindedness

Posts: 1622
Brisbane
Gender: male
Re: Your budget wish list
Reply #47 - Apr 2nd, 2014 at 8:48pm
 
Sir Spot of Borg wrote on Apr 2nd, 2014 at 9:27am:
1. Abolish all middle class wealthfare
2. Put the dole up
3. Leave the pensioners alone
4. Make more education available for those that want it
5. Stop selling the money makers of the government (PO, electricity, medibank private, etc)
6. Leave the carbon tax alone since its already in there its gunna cost too much to get rid of it
7. Hire more nurses, doctors, teachers, police, and certerlink staff (public servants in other words)
8. Tax churches and religious institutions

SOB


I would add Remove Negative Gearing to this list and it's perfect.

Imagine how much would be saved by getting rid of all the largesse introduced under Howard and continued under rudd/gillard - got to be 40+ billion a year.

Taxing churches would also be a good start.
Back to top
 

Putting the n in cuts
 
IP Logged
 
Grendel
Gold Member
*****
Offline


OzPolitic

Posts: 28080
Gender: male
Re: Your budget wish list
Reply #48 - Apr 2nd, 2014 at 9:14pm
 
I may be wrong but didn't Paul Keating try to abolish negative gearing and didn't it have worse effects on housing etc, than when it was left in tact?
Back to top
 
 
IP Logged
 
Bam
Gold Member
*****
Offline


Australian Politics

Posts: 21905
Gender: male
Re: Your budget wish list
Reply #49 - Apr 2nd, 2014 at 9:36pm
 
Grendel wrote on Apr 2nd, 2014 at 9:14pm:
I may be wrong but didn't Paul Keating try to abolish negative gearing and didn't it have worse effects on housing etc, than when it was left in tact?

Keating did abolish negative gearing but brought it back after the bleating of the housing lobby. Bringing it back was a mistake.

Back to top
 

You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.
 
IP Logged
 
crocodile
Gold Member
*****
Offline


Australian Politics

Posts: 6683
Gender: male
Re: Your budget wish list
Reply #50 - Apr 2nd, 2014 at 10:50pm
 
Bam wrote on Apr 2nd, 2014 at 9:36pm:
Grendel wrote on Apr 2nd, 2014 at 9:14pm:
I may be wrong but didn't Paul Keating try to abolish negative gearing and didn't it have worse effects on housing etc, than when it was left in tact?

Keating did abolish negative gearing but brought it back after the bleating of the housing lobby. Bringing it back was a mistake.



Yes, Keating re-introduced it because the removal killed the rental market as people divested themselves of investment properties. There is no reason to remove it now. It seems a fair claim to offset costs against accrued income tax wise. The one that skews the market in a rather bad way ( unless you happen to be holding housing stock as an investment ) is the 50% concession on capital gains tax after 1 year.
Back to top
 

Very funny Scotty, now beam down my clothes.
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: Your budget wish list
Reply #51 - Apr 2nd, 2014 at 11:01pm
 
There are two sides to Budget outcomes -
1) Revenues
2) Expenditures

Both will need to be addressed!

Revenues will require the raising of Tax levels, in many areas & the tightening of many Tax loopholes, including those currently available to large corporations, the top end of income/asset rich & institutions such as the churches!

Expenditures will require the lowering of some payments, the deletion of others & the realization that a great many things must now be done differently, because everything has limitations and we are now at the cross-roads of history where some of those limitations will require us to take different approaches!
Back to top
 
 
IP Logged
 
Sir Spot of Borg
Gold Member
*****
Offline


WE ARE BORG

Posts: 26510
Australia
Re: Your budget wish list
Reply #52 - Apr 3rd, 2014 at 5:35am
 
Bread and Butter wrote on Apr 2nd, 2014 at 5:16pm:
Sir Spot of Borg wrote on Apr 2nd, 2014 at 9:51am:
bogarde73 wrote on Apr 2nd, 2014 at 9:42am:
I thought you had more sense, your ladyship, to follow on with his suggestions which at the very least need some modification.
Added to what I said in response to SOB, the feds don't technically supply education either. It's a state matter.


They can give the states money for education and health. Also they can make policies that make education and health more accessible to poor ppl.

SOB


Health and education are already free.


Nope. HECS and bills from the hospital for any medication they give you is not "free". I said "accessible" by the way.Do you have a reading problem? Should i use smaller words?

SOB
Back to top
 

Whaaaaaah!
I'm a 
Moron!
- edited by some unethical admin - you think its funny? - its a slippery slope
WWW PoliticsAneReligion  
IP Logged
 
Sir Spot of Borg
Gold Member
*****
Offline


WE ARE BORG

Posts: 26510
Australia
Re: Your budget wish list
Reply #53 - Apr 3rd, 2014 at 5:36am
 
Bread and Butter wrote on Apr 2nd, 2014 at 5:19pm:
Sir Spot of Borg wrote on Apr 2nd, 2014 at 3:30pm:
bogarde73 wrote on Apr 2nd, 2014 at 1:06pm:
SOB,
You originally said abolish all middle class welfare.
I'm simply asking you to be specific. Maybe you agree with me on the ones I mentioned?


Nope i said wealthfare and you know what it is. Its all those policies (mostly started by howard) that give money to ppl that dont need it @ the expense of ppl that do.

SOB


Would I be right in guessing that that really means anything YOU don't get?


Not sure what you mean by that. I am on no government money and havent tried to get any?

SOB
Back to top
 

Whaaaaaah!
I'm a 
Moron!
- edited by some unethical admin - you think its funny? - its a slippery slope
WWW PoliticsAneReligion  
IP Logged
 
Sir Spot of Borg
Gold Member
*****
Offline


WE ARE BORG

Posts: 26510
Australia
Re: Your budget wish list
Reply #54 - Apr 3rd, 2014 at 5:37am
 
Neferti wrote on Apr 2nd, 2014 at 5:23pm:
The unemployed always want more dole money, rather than get a J*O*B*.  They are so traumatised that they actually think they can get a NEW job at the same level and income that they left/got made redundant at.

The thing is to GET A BLOODY JOB .... anything, volunteering at the local Op Shop .... DO SOMETHING. Mow lawns for cash, weed gardens, etcetera.  Then, when you have a bit of cash in your pocket, apply for every job you can. Add the fact that you are volunteering or lawn mowing, etc as that indicates that you are a "self starter"and willing to W*O*R*K* and not a slug.

EVENTUALLY you will strike it rich.  The people who whine about "wanting more money on the dole" are the UNEMPLOYABLE riff raff.



Volunteering @ an op shop isnt going to pay the rent is it. Neither is the dole going to pay the rent. There are 800k ppl looking for work and 200k jobs. You prolly should take a look @ reality.

SOB
Back to top
 

Whaaaaaah!
I'm a 
Moron!
- edited by some unethical admin - you think its funny? - its a slippery slope
WWW PoliticsAneReligion  
IP Logged
 
crocodile
Gold Member
*****
Offline


Australian Politics

Posts: 6683
Gender: male
Re: Your budget wish list
Reply #55 - Apr 3rd, 2014 at 5:43am
 
perceptions_now wrote on Apr 2nd, 2014 at 11:01pm:
There are two sides to Budget outcomes -
1) Revenues
2) Expenditures

Both will need to be addressed!

Revenues will require the raising of Tax levels, in many areas & the tightening of many Tax loopholes, including those currently available to large corporations, the top end of income/asset rich & institutions such as the churches!

Expenditures will require the lowering of some payments, the deletion of others & the realization that a great many things must now be done differently, because everything has limitations and we are now at the cross-roads of history where some of those limitations will require us to take different approaches!


Quite so re both sides. Simply raising taxes does not always generate more revenue. Often, the opposite happens. This thread is quite a few pages long yet no mention of the big elephant in the room. A decade and a half of falling productivity growth needs far more attention than anything else so far mentioned.
Back to top
 

Very funny Scotty, now beam down my clothes.
 
IP Logged
 
cods
Gold Member
*****
Offline


Australian Politics

Posts: 88048
Re: Your budget wish list
Reply #56 - Apr 3rd, 2014 at 5:56am
 
Bam wrote on Apr 2nd, 2014 at 9:36pm:
Grendel wrote on Apr 2nd, 2014 at 9:14pm:
I may be wrong but didn't Paul Keating try to abolish negative gearing and didn't it have worse effects on housing etc, than when it was left in tact?

Keating did abolish negative gearing but brought it back after the bleating of the housing lobby. Bringing it back was a mistake.




I think you will find it was more the people who couldnt find rental property but dont let facts get in the way will you..
Back to top
 
 
IP Logged
 
Sir Spot of Borg
Gold Member
*****
Offline


WE ARE BORG

Posts: 26510
Australia
Re: Your budget wish list
Reply #57 - Apr 3rd, 2014 at 6:54am
 
Fit of Absent Mindeness wrote on Apr 2nd, 2014 at 8:48pm:
Sir Spot of Borg wrote on Apr 2nd, 2014 at 9:27am:
1. Abolish all middle class wealthfare
2. Put the dole up
3. Leave the pensioners alone
4. Make more education available for those that want it
5. Stop selling the money makers of the government (PO, electricity, medibank private, etc)
6. Leave the carbon tax alone since its already in there its gunna cost too much to get rid of it
7. Hire more nurses, doctors, teachers, police, and certerlink staff (public servants in other words)
8. Tax churches and religious institutions

SOB


I would add Remove Negative Gearing to this list and it's perfect.

Imagine how much would be saved by getting rid of all the largesse introduced under Howard and continued under rudd/gillard - got to be 40+ billion a year.

Taxing churches would also be a good start.


No. I dont share your obsession with negative gearing. I think it serves a purpose and you have to be LOSING money to clai9m it anyway.

SOB
Back to top
 

Whaaaaaah!
I'm a 
Moron!
- edited by some unethical admin - you think its funny? - its a slippery slope
WWW PoliticsAneReligion  
IP Logged
 
Bam
Gold Member
*****
Offline


Australian Politics

Posts: 21905
Gender: male
Re: Your budget wish list
Reply #58 - Apr 3rd, 2014 at 7:30am
 
crocodile wrote on Apr 2nd, 2014 at 10:50pm:
Bam wrote on Apr 2nd, 2014 at 9:36pm:
Grendel wrote on Apr 2nd, 2014 at 9:14pm:
I may be wrong but didn't Paul Keating try to abolish negative gearing and didn't it have worse effects on housing etc, than when it was left in tact?

Keating did abolish negative gearing but brought it back after the bleating of the housing lobby. Bringing it back was a mistake.

Yes, Keating re-introduced it because the removal killed the rental market as people divested themselves of investment properties. There is no reason to remove it now.

Interest rates are a lot lower now than they were when Keating removed negative gearing. Anyone who is negatively geared year after year with interest rates this low is rorting the system for personal gain.

Unrestricted negative gearing is bad policy and the rules need to be tightened. It need not be an all-or-nothing proposition, though. Other options are possible. Negative gearing could be restricted, either only allowing it to be claimed on a property within five years of purchase, or claiming it pro-rata for that time when the property is let or available for rent and advertised at market value. It would stop the rorters who are claiming negative gearing on a holiday home but not the landlords.

Quote:
It seems a fair claim to offset costs against accrued income tax wise. The one that skews the market in a rather bad way ( unless you happen to be holding housing stock as an investment ) is the 50% concession on capital gains tax after 1 year.

I have also listed the concession on capital gains as something else that needs to be abolished. When expenses can be claimed at full value, it's nonsensical to tax only half the profits.
Back to top
 

You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.
 
IP Logged
 
Bam
Gold Member
*****
Offline


Australian Politics

Posts: 21905
Gender: male
Re: Your budget wish list
Reply #59 - Apr 3rd, 2014 at 7:32am
 
Sir Spot of Borg wrote on Apr 3rd, 2014 at 6:54am:
Fit of Absent Mindeness wrote on Apr 2nd, 2014 at 8:48pm:
Sir Spot of Borg wrote on Apr 2nd, 2014 at 9:27am:
1. Abolish all middle class wealthfare
2. Put the dole up
3. Leave the pensioners alone
4. Make more education available for those that want it
5. Stop selling the money makers of the government (PO, electricity, medibank private, etc)
6. Leave the carbon tax alone since its already in there its gunna cost too much to get rid of it
7. Hire more nurses, doctors, teachers, police, and certerlink staff (public servants in other words)
8. Tax churches and religious institutions

SOB


I would add Remove Negative Gearing to this list and it's perfect.

Imagine how much would be saved by getting rid of all the largesse introduced under Howard and continued under rudd/gillard - got to be 40+ billion a year.

Taxing churches would also be a good start.


No. I dont share your obsession with negative gearing. I think it serves a purpose and you have to be LOSING money to clai9m it anyway.

SOB

Any policy that allows tax deductions for holiday homes is bad policy.
Back to top
 

You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.
 
IP Logged
 
Pages: 1 2 3 4 5 
Send Topic Print