Australian Politics Forum - Greens Model Millionaire Tax For Budget Emergency

Vuk11

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Re: Greens Model Millionaire Tax For Budget Emergency
Reply #60 - Apr 25^th, 2014 at 12:39pm

John Smith wrote on Apr 24^th, 2014 at 10:38pm:

you didn't answer the question .... the answer is? ...

and no company shut shop and moved o'seas because of the carbon tax so you can forget that line.

The answer is if they transferred to Green technology they wouldn't have to pay the tax!

However that's not the issue, the issue is what the tax will do to everyone and what business' response will be, something I think the Greens can't seem to comprehend.

Yes no company has so far shut up shop, maybe they will when it's raised from 22% to 40%? (As Christine Milne proposes)

We can't deny that those industries have encountered a decent halt due to these taxes and if they were worse you'd see more lay offs, more automation, higher prices, less investment in this country.

I mean think of it like this you are an investor your options:
- Invest in now expensive Coal/mining with a crap ROI (in Australia)
- Invest in Green industries that are expensive and by analysis not worth the investment ((in Australia))
- Invest in another country that isn't highly taxed and regulated?

10 points for the obvious answer!

The truth is government planning fails, governments trying to take from one sector and invest in other never has the effect they hope it does, Keynes was wrong and he was going to change his opinion on these matters however he died before he got the chance.

The truth is the most free economies are the most prosperous and we are headed away from that prosperity with every regulation, every tax and every malinvested subsidy.

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John Smith

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Re: Greens Model Millionaire Tax For Budget Emergency
Reply #61 - Apr 25^th, 2014 at 12:45pm

Vuk11 wrote on Apr 25^th, 2014 at 12:39pm:

However that's not the issue, the issue is what the tax will do to everyone and what business' response will be, something I think the Greens can't seem to comprehend.

that is exactly the issue ... that is the whole purpose of the tax ..to entice companies to switch to greener energy .......... its not to raise revenue, thats a bonus, its not to make electricity dearer for joe blow it was to create a motivation to seek alternatives ...

PS, don't mistake me for a greenie ..... they're a bunch of tree hugging lunatics who wouldn't know their butts from their heads

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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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John Smith Gold Member Offline Australian Politics Posts: 75191 Gender:	Re: Greens Model Millionaire Tax For Budget Emergency Reply #62 - Apr 25^th, 2014 at 12:46pm Vuk11 wrote on Apr 25^th, 2014 at 12:39pm: Yes no company has so far shut up shop, maybe they will when it's raised from 22% to 40%? (As Christine Milne proposes) that was never going to happen ... it was going to revert to a market based system
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John Smith

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Re: Greens Model Millionaire Tax For Budget Emergency
Reply #63 - Apr 25^th, 2014 at 12:47pm

Vuk11 wrote on Apr 25^th, 2014 at 12:39pm:

I mean think of it like this you are an investor your options:- Invest in now expensive Coal/mining with a crap ROI (in Australia)- Invest in Green industries that are expensive and by analysis not worth the investment ((in Australia))- Invest in another country that isn't highly taxed and regulated?10 points for the obvious answer

I would, and do, invest in greener energy .. its the way of the future ..

its not a question of if, but when

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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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Vuk11

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Re: Greens Model Millionaire Tax For Budget Emergency
Reply #64 - Apr 25^th, 2014 at 12:55pm

John Smith wrote on Apr 25^th, 2014 at 12:47pm:

I would, and do, invest in greener energy .. its the way of the future ..

its not a question of if, but when

I agree that Oil/Coal will die off (obviously supply dictates that)
However IMO from the posts I've made it should be clear to people that business will not so easily take on a costly venture.

I've always put forward that you get that prosperity and wealth first, then you can invest in new things. These taxes reduce investment and reduce expansion, harm employees and harm consumers, I would be curious to hear though how many would instantly swap over to green technology.

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John Smith

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Re: Greens Model Millionaire Tax For Budget Emergency
Reply #65 - Apr 25^th, 2014 at 1:17pm

Vuk11 wrote on Apr 25^th, 2014 at 12:55pm:

I've always put forward that you get that prosperity and wealth first, then you can invest in new things

I think telstra is a classic example of how that does not work ... our internet system is crap ... 3rd world countries have better internet than us and have had for years ... all the while we pay some of the highest access rates in the world ... ridiculous

sometimes govt. needs to get involved to get things happening.

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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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Vuk11

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Re: Greens Model Millionaire Tax For Budget Emergency
Reply #66 - Apr 25^th, 2014 at 1:43pm

John Smith wrote on Apr 25^th, 2014 at 1:17pm:

I think telstra is a classic example of how that does not work ... our internet system is crap ... 3rd world countries have better internet than us and have had for years ... all the while we pay some of the highest access rates in the world ... ridiculous

sometimes govt. needs to get involved to get things happening.

AFAIK Telstra was pretty much given a monopoly by the government?
Also I still haven't found out what is stopping the world from coming in and competing? I have a feeling it's regulations.

I mean there is a large demand for Fibre in this country, if no one is going to build it here then why are no companies over seas that have already provided Fibre to their customers not trying to do the same here? What's stopping them!? Cheesy

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Life_goes_on

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Re: Greens Model Millionaire Tax For Budget Emergency
Reply #67 - Apr 25^th, 2014 at 2:04pm

Vuk11 wrote on Apr 25^th, 2014 at 1:43pm:

John Smith wrote on Apr 25^th, 2014 at 1:17pm:

I think telstra is a classic example of how that does not work ... our internet system is crap ... 3rd world countries have better internet than us and have had for years ... all the while we pay some of the highest access rates in the world ... ridiculous

sometimes govt. needs to get involved to get things happening.

AFAIK Telstra was pretty much given a monopoly by the government?
Also I still haven't found out what is stopping the world from coming in and competing? I have a feeling it's regulations.

I mean there is a large demand for Fibre in this country, if no one is going to build it here then why are no companies over seas that have already provided Fibre to their customers not trying to do the same here? What's stopping them!? Cheesy

You can't dig a trench and lay cable wherever you want. Unless they want to cough up for huge start up bills they're going to have to lease capacity from Telstra whose pricing will result in comparable costs to the consumer anyway. If they do want to go it alone then again we will end up paying the same as they have to recover the cost of their investment - that's if they can get govt approval for digging the place up.
There's also no need for us to have monthly download limits, yet because we've had them since the beginning, we just accept them. Telstra ripped us off with that one and NBNco continue to do so.

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"You're just one lucky motherf-cker" - Someone, 5th February 2013

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