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GST Hike To Hit Poor Hard And Leave Rich Unscathed (Read 2811 times)
Grappler Truth Teller Feller
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #30 - Nov 6th, 2015 at 1:04am
 
Northern Territory news break tonight:-

Turnbull says any tax reforms will be fair..............


That means he will remove $50 a week from the poorest.. and $50 a week from the richest.... total equality, eh, bros?

"Low income earners are a small spending demographic. "   Grin  Grin  Grin Grin  Grin

Per individual perhaps, but as a demographic?  One low income earner family buys one microwave .... one rich family buys one microwave..... rich families are 1%.... therefore low income families buy 99 more microwaves than rich families..... the economy prospers when more 'low income families' buy microwaves....

Thank you for coming, Swag...... we luv ya... but you're off the planet.

You ARE a Labor shill, aren't you?  Like Andrei, if you were not, you simply could not be for real....
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« Last Edit: Nov 6th, 2015 at 1:11am by Grappler Truth Teller Feller »  

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
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stunspore
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #31 - Nov 6th, 2015 at 6:22am
 
So Swag made a gaffe like Hockey?
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Swagman
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #32 - Nov 6th, 2015 at 7:36am
 
stunspore wrote on Nov 6th, 2015 at 6:22am:
So Swag made a gaffe like Hockey?


No gaffe at all.

Grappler Truth Teller Feller wrote on Nov 6th, 2015 at 1:04am:
rich families are 1%.


So now "rich" is defined as the top 1%?

The Govt defines poor as someone with an annual income under $18,200

That is when it deems an individual is "rich" enough to pay income tax.



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mariacostel
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #33 - Nov 6th, 2015 at 8:15am
 
Kytro wrote on Nov 5th, 2015 at 10:07pm:
Swagman wrote on Nov 5th, 2015 at 7:29pm:
ACOSS and all antagonists of the GST, overlook whom actually BENEFITS THE MOST from the GST revenues?

Yes the GST is a "regressive" tax, BUT low income earners and those on Govt benefits are the very individuals that tax (of any kind) benefits the most.

Even without any rise in benefit payments as compensation the improvements brought on by extra funding to hospitals / public transport / schools that extra GST revenues would provide would benefit low income earners the most.


This is "any tax". If more tax is collected and also spent on services used most by the poorest, then by definition it will help. It's not the GST specifically.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
According to the last budget figures GST revenue was around $57 Billion dollars. At 15% it would return around $85.5 Billion. Imagine what an extra $28 Billion would do for GOVT services?


Assuming no drop in Income tax, which is unlikely.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
GST is efficient. The very regressiveness of GST allows the GOVT to collect revenues from the cash and black economy, from non-tax paying tourists, income tax evaders whenever they spend their cash.


Tourists are entitled to claim back most GST.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
Low income earners are a small spending demographic. Essentials are mainly exempt. The big spending is done by the rest of the consumer economic demographic. I don't have the figures, but how much of that $570 Billion in spending ($57B GST x 10) was made by low income earners compared to everyone else last year?


I agree, the GST still targets the wealthy the least, and so imposes a higher burden on everyone else. The entire point of raising the GST and lowering income tax is reduce the progressiveness of the tax system.


Swagman wrote on Nov 5th, 2015 at 7:29pm:
A large proportion of low incomes are actually accessed from tax revenues. Centrelink payments, heath concession cards, transport concessions, utilities bills concessions. ACOSS needs to factor those items into its modelling.

Low income earners would reap RETURN benefits in spades from a GST increase.


Higher income taxes on the wealthy could do the same without shifting the burden



Excuse me???  How do tourists get their GST back?
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mariacostel
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #34 - Nov 6th, 2015 at 8:17am
 
Kytro wrote on Nov 5th, 2015 at 10:07pm:
Swagman wrote on Nov 5th, 2015 at 7:29pm:
ACOSS and all antagonists of the GST, overlook whom actually BENEFITS THE MOST from the GST revenues?

Yes the GST is a "regressive" tax, BUT low income earners and those on Govt benefits are the very individuals that tax (of any kind) benefits the most.

Even without any rise in benefit payments as compensation the improvements brought on by extra funding to hospitals / public transport / schools that extra GST revenues would provide would benefit low income earners the most.


This is "any tax". If more tax is collected and also spent on services used most by the poorest, then by definition it will help. It's not the GST specifically.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
According to the last budget figures GST revenue was around $57 Billion dollars. At 15% it would return around $85.5 Billion. Imagine what an extra $28 Billion would do for GOVT services?


Assuming no drop in Income tax, which is unlikely.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
GST is efficient. The very regressiveness of GST allows the GOVT to collect revenues from the cash and black economy, from non-tax paying tourists, income tax evaders whenever they spend their cash.


Tourists are entitled to claim back most GST.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
Low income earners are a small spending demographic. Essentials are mainly exempt. The big spending is done by the rest of the consumer economic demographic. I don't have the figures, but how much of that $570 Billion in spending ($57B GST x 10) was made by low income earners compared to everyone else last year?


I agree, the GST still targets the wealthy the least, and so imposes a higher burden on everyone else. The entire point of raising the GST and lowering income tax is reduce the progressiveness of the tax system.


Swagman wrote on Nov 5th, 2015 at 7:29pm:
A large proportion of low incomes are actually accessed from tax revenues. Centrelink payments, heath concession cards, transport concessions, utilities bills concessions. ACOSS needs to factor those items into its modelling.

Low income earners would reap RETURN benefits in spades from a GST increase.


Higher income taxes on the wealthy could do the same without shifting the burden


GST is a tax on spending therefore it targets the weathly the MOST.  Seriously, how hard is that to work out?
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stunspore
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #35 - Nov 6th, 2015 at 8:28am
 
This topic I think has been discussed before.  There isn't any point I think trying to sway the other side - both sides are either firmly dogmatically attracted to their side of arguments/reasons or are paid to promote their team.

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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #36 - Nov 6th, 2015 at 8:45am
 
stunspore wrote on Nov 6th, 2015 at 8:28am:
This topic I think has been discussed before.  There isn't any point I think trying to sway the other side - both sides are either firmly dogmatically attracted to their side of arguments/reasons or are paid to promote their team.



There is a definite point to be made that the title of the thread is inaccurate.

Nobody is unscathed by the GST unless everything you buy is exempt?

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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #37 - Nov 6th, 2015 at 8:45am
 
stunspore wrote on Nov 6th, 2015 at 8:28am:
This topic I think has been discussed before.  There isn't any point I think trying to sway the other side - both sides are either firmly dogmatically attracted to their side of arguments/reasons or are paid to promote their team.




NOBODY is paid to 'promote their team' on here. What retarded party would pay anyone to post on a forum with a couple dozen members?
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #38 - Nov 6th, 2015 at 8:49am
 
mariacostel wrote on Nov 6th, 2015 at 8:15am:
Excuse me???  How do tourists get their GST back?


you don't think everyone makes crap up just because you do , do you Maria? Cheesy Cheesy

http://www.sydneyairport.com.au/prepare/departures/tourist-refund-scheme.aspx
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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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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #39 - Nov 6th, 2015 at 8:51am
 
double
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #40 - Nov 6th, 2015 at 8:51am
 
mariacostel wrote on Nov 6th, 2015 at 8:15am:
Kytro wrote on Nov 5th, 2015 at 10:07pm:
Swagman wrote on Nov 5th, 2015 at 7:29pm:
ACOSS and all antagonists of the GST, overlook whom actually BENEFITS THE MOST from the GST revenues?

Yes the GST is a "regressive" tax, BUT low income earners and those on Govt benefits are the very individuals that tax (of any kind) benefits the most.

Even without any rise in benefit payments as compensation the improvements brought on by extra funding to hospitals / public transport / schools that extra GST revenues would provide would benefit low income earners the most.


Swagman wrote on Nov 5th, 2015 at 7:29pm:
According to the last budget figures GST revenue was around $57 Billion dollars. At 15% it would return around $85.5 Billion. Imagine what an extra $28 Billion would do for GOVT services?


Assuming no drop in Income tax, which is unlikely.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
GST is efficient. The very regressiveness of GST allows the GOVT to collect revenues from the cash and black economy, from non-tax paying tourists, income tax evaders whenever they spend their cash.


Tourists are entitled to claim back most GST.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
Low income earners are a small spending demographic. Essentials are mainly exempt. The big spending is done by the rest of the consumer economic demographic. I don't have the figures, but how much of that $570 Billion in spending ($57B GST x 10) was made by low income earners compared to everyone else last year?


I agree, the GST still targets the wealthy the least, and so imposes a higher burden on everyone else. The entire point of raising the GST and lowering income tax is reduce the progressiveness of the tax system.


Swagman wrote on Nov 5th, 2015 at 7:29pm:
A large proportion of low incomes are actually accessed from tax revenues. Centrelink payments, heath concession cards, transport concessions, utilities bills concessions. ACOSS needs to factor those items into its modelling.

Low income earners would reap RETURN benefits in spades from a GST increase.


Higher income taxes on the wealthy could do the same without shifting the burden



Excuse me???  How do tourists get their GST back?


Through a tourist GST refund scheme.  After you clear the customs at the airport, you can go to this help desk.  There you fill out a form, show them your receipt, and GST will then refund to your bank / cc, or check mailed to you.
This is "any tax". If more tax is collected and also spent on services used most by the poorest, then by definition it will help. It's not the GST specifically.
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #41 - Nov 6th, 2015 at 9:16am
 
tickleandrose wrote on Nov 6th, 2015 at 8:51am:
mariacostel wrote on Nov 6th, 2015 at 8:15am:
Kytro wrote on Nov 5th, 2015 at 10:07pm:
Swagman wrote on Nov 5th, 2015 at 7:29pm:
ACOSS and all antagonists of the GST, overlook whom actually BENEFITS THE MOST from the GST revenues?

Yes the GST is a "regressive" tax, BUT low income earners and those on Govt benefits are the very individuals that tax (of any kind) benefits the most.

Even without any rise in benefit payments as compensation the improvements brought on by extra funding to hospitals / public transport / schools that extra GST revenues would provide would benefit low income earners the most.


Swagman wrote on Nov 5th, 2015 at 7:29pm:
According to the last budget figures GST revenue was around $57 Billion dollars. At 15% it would return around $85.5 Billion. Imagine what an extra $28 Billion would do for GOVT services?


Assuming no drop in Income tax, which is unlikely.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
GST is efficient. The very regressiveness of GST allows the GOVT to collect revenues from the cash and black economy, from non-tax paying tourists, income tax evaders whenever they spend their cash.


Tourists are entitled to claim back most GST.

Swagman wrote on Nov 5th, 2015 at 7:29pm:
Low income earners are a small spending demographic. Essentials are mainly exempt. The big spending is done by the rest of the consumer economic demographic. I don't have the figures, but how much of that $570 Billion in spending ($57B GST x 10) was made by low income earners compared to everyone else last year?


I agree, the GST still targets the wealthy the least, and so imposes a higher burden on everyone else. The entire point of raising the GST and lowering income tax is reduce the progressiveness of the tax system.


Swagman wrote on Nov 5th, 2015 at 7:29pm:
A large proportion of low incomes are actually accessed from tax revenues. Centrelink payments, heath concession cards, transport concessions, utilities bills concessions. ACOSS needs to factor those items into its modelling.

Low income earners would reap RETURN benefits in spades from a GST increase.


Higher income taxes on the wealthy could do the same without shifting the burden



Excuse me???  How do tourists get their GST back?


Through a tourist GST refund scheme.  After you clear the customs at the airport, you can go to this help desk.  There you fill out a form, show them your receipt, and GST will then refund to your bank / cc, or check mailed to you.
This is "any tax". If more tax is collected and also spent on services used most by the poorest, then by definition it will help. It's not the GST specifically.


Never heard of it. I doubt though that you could recover all the GST you paid since it is on everything. I wonder how many tourists know of this?
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #42 - Nov 6th, 2015 at 10:16am
 
mariacostel wrote on Nov 6th, 2015 at 8:15am:
Excuse me???  How do tourists get their GST back?


Via the the tourist refund scheme.
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #43 - Nov 6th, 2015 at 10:17am
 
mariacostel wrote on Nov 6th, 2015 at 9:16am:
Never heard of it. I doubt though that you could recover all the GST you paid since it is on everything. I wonder how many tourists know of this?


No, it only covers goods (not services) over $300
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mariacostel
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Re: GST Hike To Hit Poor Hard And Leave Rich Unscathed
Reply #44 - Nov 6th, 2015 at 11:16am
 
Kytro wrote on Nov 6th, 2015 at 10:17am:
mariacostel wrote on Nov 6th, 2015 at 9:16am:
Never heard of it. I doubt though that you could recover all the GST you paid since it is on everything. I wonder how many tourists know of this?


No, it only covers goods (not services) over $300


So it only covers the really big stuff. Thanks. I was not aware of its existence and it does not materially affect the claim that tourists pay the GST.
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