Australian Politics Forum - ALP attacks on Turnbull are rich & hypocritical

mariacostel

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #15 - Oct 16^th, 2015 at 4:54pm

Dnarever wrote on Oct 16^th, 2015 at 10:54am:

Armchair_Politician wrote on Oct 16^th, 2015 at 10:40am:

Dnarever wrote on Oct 16^th, 2015 at 10:33am:

Armchair_Politician wrote on Oct 16^th, 2015 at 6:33am:

Dnarever wrote on Oct 16^th, 2015 at 5:55am:

Armchair_Politician wrote on Oct 16^th, 2015 at 5:51am:

Dnarever wrote on Oct 16^th, 2015 at 5:47am:

Armchair_Politician wrote on Oct 16^th, 2015 at 5:28am:

The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands.

http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attac...

If that is correct then they should all be criticised.

I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water.

Would you call that Tax avoidance by proxy ?

He pays tax in Australia on his earnings. What part of that do you not get? Huh

Then why would he need money hidden in a tax shelter ? Believe him if you like.

Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ?

It's not hidden - the relevant parliamentary offices know all about it and it's disclosed in his register of interests.

So the claim is that he is in fact paying Australian tax on investments that are designed to not be subject to Australian taxation ?

If you believe that I should say something about your intelligence that could be posted on the record abuse topic.

Why don't you ask the ALP front bench, half of which have investments in the Cayman Islands. Or the Future Fund. Or every super fund in the country. Or every managed investment fund.

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Dnarever

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #16 - Oct 16^th, 2015 at 7:18pm

mariacostel wrote on Oct 16^th, 2015 at 4:54pm:

Dnarever wrote on Oct 16^th, 2015 at 10:54am:

Armchair_Politician wrote on Oct 16^th, 2015 at 10:40am:

Dnarever wrote on Oct 16^th, 2015 at 10:33am:

Armchair_Politician wrote on Oct 16^th, 2015 at 6:33am:

Dnarever wrote on Oct 16^th, 2015 at 5:55am:

Armchair_Politician wrote on Oct 16^th, 2015 at 5:51am:

Dnarever wrote on Oct 16^th, 2015 at 5:47am:

Armchair_Politician wrote on Oct 16^th, 2015 at 5:28am:

The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands.

http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attac...

If that is correct then they should all be criticised.

I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water.

Would you call that Tax avoidance by proxy ?

He pays tax in Australia on his earnings. What part of that do you not get? Huh

Then why would he need money hidden in a tax shelter ? Believe him if you like.

Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ?

It's not hidden - the relevant parliamentary offices know all about it and it's disclosed in his register of interests.

So the claim is that he is in fact paying Australian tax on investments that are designed to not be subject to Australian taxation ?

If you believe that I should say something about your intelligence that could be posted on the record abuse topic.

Why don't you ask the ALP front bench, half of which have investments in the Cayman Islands. Or the Future Fund. Or every super fund in the country. Or every managed investment fund.

I have already been critical of them it is just that nobody is desperately trying to defend them.

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Johnsmith Gold Member Offline Australian Politics Posts: 4716 Gender:	Re: ALP attacks on Turnbull are rich & hypocritical Reply #17 - Oct 16^th, 2015 at 7:37pm Dnarever wrote on Oct 16^th, 2015 at 7:18pm: I have already been critical of them it is just that nobody is desperately trying to defend them. you noticed that just because the rightards haven't stopped trying to defend turncoat, they assume others are defending labor, even when no one has!
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mariacostel

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #18 - Oct 17^th, 2015 at 7:41am

Dnarever wrote on Oct 16^th, 2015 at 7:18pm:

mariacostel wrote on Oct 16^th, 2015 at 4:54pm:

Dnarever wrote on Oct 16^th, 2015 at 10:54am:

Armchair_Politician wrote on Oct 16^th, 2015 at 10:40am:

Dnarever wrote on Oct 16^th, 2015 at 10:33am:

Armchair_Politician wrote on Oct 16^th, 2015 at 6:33am:

Dnarever wrote on Oct 16^th, 2015 at 5:55am:

Armchair_Politician wrote on Oct 16^th, 2015 at 5:51am:

Dnarever wrote on Oct 16^th, 2015 at 5:47am:

Armchair_Politician wrote on Oct 16^th, 2015 at 5:28am:

The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands.

http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attac...

If that is correct then they should all be criticised.

I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water.

Would you call that Tax avoidance by proxy ?

He pays tax in Australia on his earnings. What part of that do you not get? Huh

Then why would he need money hidden in a tax shelter ? Believe him if you like.

Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ?

It's not hidden - the relevant parliamentary offices know all about it and it's disclosed in his register of interests.

So the claim is that he is in fact paying Australian tax on investments that are designed to not be subject to Australian taxation ?

If you believe that I should say something about your intelligence that could be posted on the record abuse topic.

Why don't you ask the ALP front bench, half of which have investments in the Cayman Islands. Or the Future Fund. Or every super fund in the country. Or every managed investment fund.

I have already been critical of them it is just that nobody is desperately trying to defend them.

So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him?

That is more than a little desperate and rather pitiful.

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Dnarever

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #19 - Oct 17^th, 2015 at 9:51am

mariacostel wrote on Oct 17^th, 2015 at 7:41am:

Dnarever wrote on Oct 16^th, 2015 at 7:18pm:

I have already been critical of them it is just that nobody is desperately trying to defend them.

So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him?

That is more than a little desperate and rather pitiful.

I would question how ethical or common place it is for Australians to be involved in tax avoidance via the Cayman's.

Not everything legal is ethical especially when we are talking about the PM.

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mariacostel

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #20 - Oct 17^th, 2015 at 12:35pm

Dnarever wrote on Oct 17^th, 2015 at 9:51am:

mariacostel wrote on Oct 17^th, 2015 at 7:41am:

Dnarever wrote on Oct 16^th, 2015 at 7:18pm:

I have already been critical of them it is just that nobody is desperately trying to defend them.

So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him?

That is more than a little desperate and rather pitiful.

I would question how ethical or common place it is for Australians to be involved in tax avoidance via the Cayman's.

Not everything legal is ethical especially when we are talking about the PM.

Tax avoidance? I know you struggle with facts not to your liking, but neither Turnbull, super funds or the Future Fund is avoiding tax. Simply being domiciled in the Cayman Islands does not make it a tax dodge. That's the belief of simpletons and ignorants aka Bill Shorten and you.

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Dnarever

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #21 - Oct 17^th, 2015 at 2:36pm

List of tax havens and countries of financial secrecy

The higher FSI, the larger influence on world economy in terms of economical secrecy or tax avoidance.

1. Switzerland (FSI 1765,2)
2. Luxembourg (FSI 1454,4)
3. Hong Kong (FSI 1283,4)
4. Cayman Islands (FSI 1233,5)
5. Singapore (FSI 1216,8)
6. United States (Mainland) (FSI 1212,9)
7. Lebanon (FSI 747,8)
8. Germany (FSI 738,3)
9. Jersey (FSI 591,2)
10. Japan (FSI 513,1)

4. Cayman Islands (FSI 1233,5)

The government's primary source of income is indirect taxation: there is no income tax, capital gains tax, or corporation tax.

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Dnarever

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #22 - Oct 17^th, 2015 at 2:41pm

mariacostel wrote on Oct 16^th, 2015 at 4:52pm:

There are many ways for you to be ignorant and you seem to want to try them all. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.

By the way, the Future Fund and all super funds do the same thing.

A dope would have read the article and worked that out themselves.

The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.

Right, if you want to believe that rubbish

By the way, the Future Fund and all super funds do the same thing.

Super funds by investing in tax free entities maintain their tax exempt status.

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Johnsmith Gold Member Offline Australian Politics Posts: 4716 Gender:	Re: ALP attacks on Turnbull are rich & hypocritical Reply #23 - Oct 17^th, 2015 at 2:57pm mariacostel wrote on Oct 16^th, 2015 at 4:52pm: It comes HERE and is taxed HERE. not if it's income on their super it's not.
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mariacostel

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #24 - Oct 17^th, 2015 at 3:07pm

Dnarever wrote on Oct 17^th, 2015 at 2:41pm:

mariacostel wrote on Oct 16^th, 2015 at 4:52pm:

There are many ways for you to be ignorant and you seem to want to try them all. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.

By the way, the Future Fund and all super funds do the same thing.

A dope would have read the article and worked that out themselves.

The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.

Right, if you want to believe that rubbish

By the way, the Future Fund and all super funds do the same thing.

Super funds by investing in tax free entities maintain their tax exempt status.

Super funds are tax-free entities are they? That would be news to them - and everyone else.

How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it.

Envy is an ugly beast and you have it in spades.

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Dnarever

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #25 - Oct 17^th, 2015 at 3:20pm

mariacostel wrote on Oct 17^th, 2015 at 3:07pm:

Dnarever wrote on Oct 17^th, 2015 at 2:41pm:

mariacostel wrote on Oct 16^th, 2015 at 4:52pm:

There are many ways for you to be ignorant and you seem to want to try them all. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.

By the way, the Future Fund and all super funds do the same thing.

A dope would have read the article and worked that out themselves.

The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.

Right, if you want to believe that rubbish

By the way, the Future Fund and all super funds do the same thing.

Super funds by investing in tax free entities maintain their tax exempt status.

Super funds are tax-free entities are they? That would be news to them - and everyone else.

How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it.

Envy is an ugly beast and you have it in spades.

I didn't think you would make me specify for superannuation income streams.

I made the silly assumption that you actually knew something.

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Karnal

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #26 - Oct 17^th, 2015 at 3:20pm

mariacostel wrote on Oct 17^th, 2015 at 12:35pm:

Dnarever wrote on Oct 17^th, 2015 at 9:51am:

mariacostel wrote on Oct 17^th, 2015 at 7:41am:

Dnarever wrote on Oct 16^th, 2015 at 7:18pm:

I have already been critical of them it is just that nobody is desperately trying to defend them.

So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him?

That is more than a little desperate and rather pitiful.

I would question how ethical or common place it is for Australians to be involved in tax avoidance via the Cayman's.

Not everything legal is ethical especially when we are talking about the PM.

Tax avoidance? I know you struggle with facts not to your liking, but neither Turnbull, super funds or the Future Fund is avoiding tax. Simply being domiciled in the Cayman Islands does not make it a tax dodge. That's the belief of simpletons and ignorants aka Bill Shorten and you.

That’s true, dear. Companies are set up in the Caymans to make use of the coconuts and hula girls, no?

Turnbull learned about tax from Kerry Packer. Back in the 80s, they were all doing it. Rivkin, Richo, all the Sydney boys. Turnbull is just following suit, and he will look after his people as PM, you can bank on it.

Others base their companies in Switzerland and Luxemburg. They do this, of course, to make use of all that cheese.

Anything else is the belief of simpletons and ignorants.

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mariacostel

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #27 - Oct 17^th, 2015 at 3:28pm

Dnarever wrote on Oct 17^th, 2015 at 3:20pm:

mariacostel wrote on Oct 17^th, 2015 at 3:07pm:

Dnarever wrote on Oct 17^th, 2015 at 2:41pm:

mariacostel wrote on Oct 16^th, 2015 at 4:52pm:

There are many ways for you to be ignorant and you seem to want to try them all. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.

By the way, the Future Fund and all super funds do the same thing.

A dope would have read the article and worked that out themselves.

The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.

Right, if you want to believe that rubbish

By the way, the Future Fund and all super funds do the same thing.

Super funds by investing in tax free entities maintain their tax exempt status.

Super funds are tax-free entities are they? That would be news to them - and everyone else.

How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it.

Envy is an ugly beast and you have it in spades.

I didn't think you would make me specify for superannuation income streams.

I made the silly assumption that you actually knew something.

Superannuation income streams are tax free no matter where they are by AUSTRALIAN LAW, not by virtue of where they are located. Are you aware that ANY income you receive no matter where from is subject to Australian law if you are a citizen and resident?

Give it up DNA. You are looking sillier by the post. Even the political commentators are mocking labor for this stellar screwup. Turnbull looks good while Shorten looks like a fool as well as a hypocrite.

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double plus good

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Re: ALP attacks on Turnbull are rich & hypocritical
Reply #28 - Oct 17^th, 2015 at 3:29pm

Karnal wrote on Oct 17^th, 2015 at 3:20pm:

mariacostel wrote on Oct 17^th, 2015 at 12:35pm:

Dnarever wrote on Oct 17^th, 2015 at 9:51am:

mariacostel wrote on Oct 17^th, 2015 at 7:41am:

Dnarever wrote on Oct 16^th, 2015 at 7:18pm:

I have already been critical of them it is just that nobody is desperately trying to defend them.

So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him?

That is more than a little desperate and rather pitiful.

I would question how ethical or common place it is for Australians to be involved in tax avoidance via the Cayman's.

Not everything legal is ethical especially when we are talking about the PM.

Tax avoidance? I know you struggle with facts not to your liking, but neither Turnbull, super funds or the Future Fund is avoiding tax. Simply being domiciled in the Cayman Islands does not make it a tax dodge. That's the belief of simpletons and ignorants aka Bill Shorten and you.

That’s true, dear. Companies are set up in the Caymans to make use of the coconuts and hula girls, no?

Turnbull learned about tax from Kerry Packer. Back in the 80s, they were all doing it. Rivkin, Richo, all the Sydney boys. Turnbull is just following suit, and he will look after his people as PM, you can bank on it.

Others base their companies in Switzerland and Luxemburg. They do this, of course, to make use of all that cheese.

Anything else is the belief of simpletons and ignorants.

The Cayman Islands is in the Caribbean Sea dearest. They don't have coconuts and hula girls there. You are thinking of the pacific.

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Karnal Gold Member Offline Australian Politics Posts: 96507	Re: ALP attacks on Turnbull are rich & hypocritical Reply #29 - Oct 17^th, 2015 at 3:34pm Thanks, Homo. Malcolm must invest there for all that rum and pirate gold then. Ahar!
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