You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;)

What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;)

Sir lastnail wrote on Sep 29^th, 2015 at 12:44pm:

You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;)

The public opinion on the libs has set like concrete: a change of leaders does nothing!

BatteriesNotIncluded wrote on Sep 29^th, 2015 at 12:55pm:

Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) The public opinion on the libs has set like concrete: a change of leaders does nothing!

Except raise the polls dramatically, raise the preferred PM to levels not seens since Rudd.

Perhaps you should inject less 'concrete'?

Sir lastnail wrote on Sep 29^th, 2015 at 12:44pm:

You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;)

I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D


....and raise you an increase in the GST  :D

Sir lastnail wrote on Sep 29^th, 2015 at 12:44pm:

You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;)

will your life change if and when negative gearing get abolished.. it seem to weigh heavily on your wish list....

I am sure you will personally benefit.......yes!

are you just jealous that some actually spend their money wisely and reap a benefit that those who do not invest wisely miss out on???>... or maybe you dont rent out your investment property and therefore hate anyone who does.... rent out. ::)

as it is I dont SMOKE...but I realise I contribute to those who use the system for treating a disease that smoking has caused!!!!.

I also pay a levy for fire on my household insurance to pay for the bludgers that dont have insurance....at all.. but still get the firebrigade in times of need..

do I reckon everyone who lives even in a tent should pay for it  YES I DO...they should all pay for the roof over their heads...even if they only rent it...its their head thats being covered....well makes sense to me...

let those who live in rented homes pay their share of the rates water and insurance.... that way the owner doesnt have to pay extra on his/her insurance or loan because their place is rented...alls fair in love and war..

then they wont benefit from  neg.gear.. ::) ::) ::)

and we can all move on.

everyman paying his fair share..

Swagman wrote on Sep 29^th, 2015 at 1:23pm:

Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D

It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean.

1. A tax incentive to encourage people to invest in real estate.
2. An increase in the hourly rate for weekend work.

Thoughts?

BatteriesNotIncluded wrote on Sep 29^th, 2015 at 12:55pm:

Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) The public opinion on the libs has set like concrete: a change of leaders does nothing!

sadly the same applies to those who constantly chng their nics.. boring as hell but what can we do about it?????..

thats right we suck it up.. try it sunshine it might lighten your day........well we live in hope. :D

Karnal wrote on Sep 29^th, 2015 at 1:33pm:

Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts?

yeah get lost swaggy,.. only lefties allowed to whinge and whinge and whinge and whinge and bitch   eh.. kamel.???... aussie keeps pointing out the rules...and kamel is a stickler for aussies rules..right dear.

cods wrote on Sep 29^th, 2015 at 1:36pm:

Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? yeah get lost swaggy,.. only lefties allowed to whinge and whinge and whinge and whinge and bitch   eh.. kamel.???... aussie keeps pointing out the rules...and kamel is a stickler for aussies rules..right dear.

I'm not generally a fan of rules, dear. Live and let live, that's my motto. You're free to moan about lefties and I'm free to love you for it.

Swagman is also free to explain how penalty rates ward off customers over the weekend, but a 5% rise in the consumption tax will increase consumer confidence.

Thoughts?

cods wrote on Sep 29^th, 2015 at 1:32pm:

Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) will your life change if and when negative gearing get abolished.. it seem to weigh heavily on your wish list.... I am sure you will personally benefit.......yes! are you just jealous that some actually spend their money wisely and reap a benefit that those who do not invest wisely miss out on???>... or maybe you dont rent out your investment property and therefore hate anyone who does.... rent out. ::) as it is I dont SMOKE...but I realise I contribute to those who use the system for treating a disease that smoking has caused!!!!. I also pay a levy for fire on my household insurance to pay for the bludgers that dont have insurance....at all.. but still get the firebrigade in times of need.. do I reckon everyone who lives even in a tent should pay for it  YES I DO...they should all pay for the roof over their heads...even if they only rent it...its their head thats being covered....well makes sense to me... let those who live in rented homes pay their share of the rates water and insurance.... that way the owner doesnt have to pay extra on his/her insurance or loan because their place is rented...alls fair in love and war.. then they wont benefit from  neg.gear.. ::) ::) ::) and we can all move on. everyman paying his fair share..

Cods, tenants already pay the rates and land tax on the residences they rent. Not insurance—it is not their asset.

Tax exemptions, also known as tax expenditures, are approaching and will soon surpass $50Bn just for super. You think that is sustainable? Superannuation, Negative Gearing, Capital Gains Tax exemption, the Fringe Benefits Tax that the Libs made looser in 2013, the seventy millionaires that pay no tax, the foreign companies that use dodgy accounting like cost shifting to pay no tax on revenue earned in Australia?

You seriously think all that can keep going in while pensions are cut, the GST is doubled, people priced out of seeing their doctor and so on? No freaking way!

Karnal wrote on Sep 29^th, 2015 at 1:33pm:

Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts?

No probs.  The Left whinge about negative gearing, or the claiming of legitimate expenditures against earned incomes but are happy to keep people unemployed by championing illegitimate penalty rates.

A compromise reached via consensus..... would be to eliminate both.

Karnal wrote on Sep 29^th, 2015 at 1:42pm:

cods wrote on Sep 29th, 2015 at 1:36pm: Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? yeah get lost swaggy,.. only lefties allowed to whinge and whinge and whinge and whinge and bitch   eh.. kamel.???... aussie keeps pointing out the rules...and kamel is a stickler for aussies rules..right dear. I'm not generally a fan of rules, dear. Live and let live, that's my motto. You're free to moan about lefties and I'm free to love you for it. Swagman is also free to explain how penalty rates ward off customers over the weekend, but a 5% rise in the consumption tax will increase consumer confidence. Thoughts?

you are a fan you love aussie and his rule book...and his rules are only ever directed to the right...its one of his rules...

swag is having a bitch I know thats the domain of the left.. and swag did overstep the mark......

but hell its Tuesday everyone is allowed one mistake.. stop whinging swag.. or 50 lashes..

Karnal wrote on Sep 29^th, 2015 at 1:42pm:

cods wrote on Sep 29th, 2015 at 1:36pm: Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? yeah get lost swaggy,.. only lefties allowed to whinge and whinge and whinge and whinge and bitch   eh.. kamel.???... aussie keeps pointing out the rules...and kamel is a stickler for aussies rules..right dear. I'm not generally a fan of rules, dear. Live and let live, that's my motto. You're free to moan about lefties and I'm free to love you for it. Swagman is also free to explain how penalty rates ward off customers over the weekend, but a 5% rise in the consumption tax will increase consumer confidence. Thoughts?

You're asking the wrong person if you're asking cods for thoughts.

Swagman wrote on Sep 29^th, 2015 at 1:47pm:

The Left whinge about negative gearing, or the claiming of legitimate expenditures against earned incomes but are happy to keep people unemployed by championing illegitimate penalty rates.

the left do no such thing you fool ... you have a few whingers from both sides, the rest ignore them.

Swagman wrote on Sep 29^th, 2015 at 1:47pm:

Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? No probs.  The Left whinge about negative gearing, or the claiming of legitimate expenditures against earned incomes but are happy to keep people unemployed by championing illegitimate penalty rates. A compromise reached via consensus..... would be to eliminate both.

What on earth is legitimate about the PAYE taxpayer having to give you a tax deduction for your business costs. There is nothing free market about that idea, its entirely socialist. Businesses whole justification for the profit they make is that they risk the investment but in truth what happens is that there are sooooooooo many BS deductions that the whole venture is really being bankrolled by the PAYE taxpayer. What is it we've learned from the GFC? Oh that's right, business wants socialism when it comes to the risk and capitalism when it comes to the profits. Time the leeches paid there way.

I think Bob Hawke invited the other political parties to his economic summit, is Labor, Greens etc invited to this one?

I doubt it.

A half baked idea.

cods wrote on Sep 29^th, 2015 at 1:50pm:

Karnal wrote on Sep 29th, 2015 at 1:42pm: cods wrote on Sep 29th, 2015 at 1:36pm: Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? yeah get lost swaggy,.. only lefties allowed to whinge and whinge and whinge and whinge and bitch   eh.. kamel.???... aussie keeps pointing out the rules...and kamel is a stickler for aussies rules..right dear. I'm not generally a fan of rules, dear. Live and let live, that's my motto. You're free to moan about lefties and I'm free to love you for it. Swagman is also free to explain how penalty rates ward off customers over the weekend, but a 5% rise in the consumption tax will increase consumer confidence. Thoughts? you are a fan you love aussie and his rule book...and his rules are only ever directed to the right...its one of his rules... swag is having a bitch I know thats the domain of the left.. and swag did overstep the mark...... but hell its Tuesday everyone is allowed one mistake.. stop whinging swag.. or 50 lashes..

I'm not sure how Swag overstepped the mark, dear. He said what he thinks.

I'm just wondering why he thinks this way. Remember, this is a discussion board. Asking what someone thinks is an invitation to express their thoughts.

Thoughts?

ImSpartacus2 wrote on Sep 29^th, 2015 at 2:19pm:

What on earth is legitimate about the PAYE taxpayer having to give you a tax deduction for your business costs. There is nothing free market about that idea, its entirely socialist. Businesses whole justification for the profit they make is that they risk the investment but in truth what happens is that there are sooooooooo many BS deductions that the whole venture is really being bankrolled by the PAYE taxpayer. What is it we've learned from the GFC? On that's right, business wants socialism when it comes to taking the risk and capitalism when it comes to the profits. Time the leeches paid there way.

Very true.

ImSpartacus2 wrote on Sep 29^th, 2015 at 2:19pm:

What on earth is legitimate about the PAYE taxpayer having to give you a tax deduction for your business costs.

Now now, it's a policy designed to raise the price of real estate and create a class of landlords and a sub-class of tenants.

There's no need to get all ideological about it.

mariacostel wrote on Sep 29^th, 2015 at 1:01pm:

BatteriesNotIncluded wrote on Sep 29th, 2015 at 12:55pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) The public opinion on the libs has set like concrete: a change of leaders does nothing! Except raise the polls dramatically, raise the preferred PM to levels not seens since Rudd. Perhaps you should inject less 'concrete'?

The sugar hit isn't public opinion: it's a sugar hit!

:D :D aka an outlier  :D :D

Swagman wrote on Sep 29^th, 2015 at 1:47pm:

Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? No probs.  The Left whinge about negative gearing, or the claiming of legitimate expenditures against earned incomes but are happy to keep people unemployed by championing illegitimate penalty rates. A compromise reached via consensus..... would be to eliminate both.

I think you are going to have to explain why penalty rates are illegitimate  :D :D :D :D :D :D :D :D :D

Jovial Monk wrote on Sep 29^th, 2015 at 1:46pm:

cods wrote on Sep 29th, 2015 at 1:32pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) will your life change if and when negative gearing get abolished.. it seem to weigh heavily on your wish list.... I am sure you will personally benefit.......yes! are you just jealous that some actually spend their money wisely and reap a benefit that those who do not invest wisely miss out on???>... or maybe you dont rent out your investment property and therefore hate anyone who does.... rent out. ::) as it is I dont SMOKE...but I realise I contribute to those who use the system for treating a disease that smoking has caused!!!!. I also pay a levy for fire on my household insurance to pay for the bludgers that dont have insurance....at all.. but still get the firebrigade in times of need.. do I reckon everyone who lives even in a tent should pay for it  YES I DO...they should all pay for the roof over their heads...even if they only rent it...its their head thats being covered....well makes sense to me... let those who live in rented homes pay their share of the rates water and insurance.... that way the owner doesnt have to pay extra on his/her insurance or loan because their place is rented...alls fair in love and war.. then they wont benefit from  neg.gear.. ::) ::) ::) and we can all move on. everyman paying his fair share.. Cods, tenants already pay the rates and land tax on the residences they rent. Not insurance—it is not their asset. Tax exemptions, also known as tax expenditures, are approaching and will soon surpass $50Bn just for super. You think that is sustainable? Superannuation, Negative Gearing, Capital Gains Tax exemption, the Fringe Benefits Tax that the Libs made looser in 2013, the seventy millionaires that pay no tax, the foreign companies that use dodgy accounting like cost shifting to pay no tax on revenue earned in Australia? You seriously think all that can keep going in while pensions are cut, the GST is doubled, people priced out of seeing their doctor and so on? No freaking way!

cods still hasn't worked out we all know most wealth is inherited!

cods wrote on Sep 29^th, 2015 at 1:32pm:

Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) will your life change if and when negative gearing get abolished.. it seem to weigh heavily on your wish list.... I am sure you will personally benefit.......yes! are you just jealous that some actually spend their money wisely and reap a benefit that those who do not invest wisely miss out on???>... or maybe you dont rent out your investment property and therefore hate anyone who does.... rent out. ::) as it is I dont SMOKE...but I realise I contribute to those who use the system for treating a disease that smoking has caused!!!!. I also pay a levy for fire on my household insurance to pay for the bludgers that dont have insurance....at all.. but still get the firebrigade in times of need.. do I reckon everyone who lives even in a tent should pay for it  YES I DO...they should all pay for the roof over their heads...even if they only rent it...its their head thats being covered....well makes sense to me... let those who live in rented homes pay their share of the rates water and insurance.... that way the owner doesnt have to pay extra on his/her insurance or loan because their place is rented...alls fair in love and war.. then they wont benefit from  neg.gear.. ::) ::) ::) and we can all move on. everyman paying his fair share..

Most wealth is inherited: this is common knowledge.

Some just don't have money to invest and that is a fact because they are competing with people that inherited wealth and can always push the entry price out of reach!

        *** Don't you have any brains?? ***

BatteriesNotIncluded wrote on Sep 29^th, 2015 at 2:43pm:

I think you are going to have to explain why penalty rates are illegitimate  :D :D :D :D :D :D :D :D :D

It's parents aren't married obviously... :D BTW how's your pet elephant?

Johnsmith wrote on Sep 29^th, 2015 at 2:06pm:

Swagman wrote on Sep 29th, 2015 at 1:47pm: The Left whinge about negative gearing, or the claiming of legitimate expenditures against earned incomes but are happy to keep people unemployed by championing illegitimate penalty rates. the left do no such thing you fool ... you have a few whingers from both sides, the rest ignore them.

...sorry JohhnySmith....missed that....had the ignore button on... :D

Swagman wrote on Sep 29^th, 2015 at 3:49pm:

BatteriesNotIncluded wrote on Sep 29th, 2015 at 2:43pm: I think you are going to have to explain why penalty rates are illegitimate  :D :D :D :D :D :D :D :D :D It's parents aren't married obviously... :D BTW how's your pet elephant?

Is that your final answer, Swag?

Lock it in?

Karnal wrote on Sep 29^th, 2015 at 1:42pm:

cods wrote on Sep 29th, 2015 at 1:36pm: Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? yeah get lost swaggy,.. only lefties allowed to whinge and whinge and whinge and whinge and bitch   eh.. kamel.???... aussie keeps pointing out the rules...and kamel is a stickler for aussies rules..right dear. I'm not generally a fan of rules, dear. Live and let live, that's my motto. You're free to moan about lefties and I'm free to love you for it. Swagman is also free to explain how penalty rates ward off customers over the weekend, but a 5% rise in the consumption tax will increase consumer confidence. Thoughts?

It's fairly simple really. The 5% increase in GSt is fully compensated for so the actual increase in typical goods is nil. Penalty rates don't ward of customers. They ward off businesses even being open in some cases.

ImSpartacus2 wrote on Sep 29^th, 2015 at 2:19pm:

Swagman wrote on Sep 29th, 2015 at 1:47pm: Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? No probs.  The Left whinge about negative gearing, or the claiming of legitimate expenditures against earned incomes but are happy to keep people unemployed by championing illegitimate penalty rates. A compromise reached via consensus..... would be to eliminate both. What on earth is legitimate about the PAYE taxpayer having to give you a tax deduction for your business costs. There is nothing free market about that idea, its entirely socialist. Businesses whole justification for the profit they make is that they risk the investment but in truth what happens is that there are sooooooooo many BS deductions that the whole venture is really being bankrolled by the PAYE taxpayer. What is it we've learned from the GFC? On that's right, business wants socialism when it comes to taking the risk and capitalism when it comes to the profits. Time the leeches paid there way.

Another hater of business. Unemployed, I guess?

mariacostel wrote on Sep 29^th, 2015 at 4:40pm:

Karnal wrote on Sep 29th, 2015 at 1:42pm: cods wrote on Sep 29th, 2015 at 1:36pm: Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? yeah get lost swaggy,.. only lefties allowed to whinge and whinge and whinge and whinge and bitch   eh.. kamel.???... aussie keeps pointing out the rules...and kamel is a stickler for aussies rules..right dear. I'm not generally a fan of rules, dear. Live and let live, that's my motto. You're free to moan about lefties and I'm free to love you for it. Swagman is also free to explain how penalty rates ward off customers over the weekend, but a 5% rise in the consumption tax will increase consumer confidence. Thoughts? It's fairly simple really. The 5% increase in GSt is fully compensated for so the actual increase in typical goods is nil. Penalty rates don't ward of customers. They ward off businesses even being open in some cases.

What about the 10% service charge on Sundays and public holidays, dear? That's there to hit the customers up for penalty rates.

You can't be too happy with this, Maria. We all know how you feel about paying 10% more.

I'm curious though. Can you think of another recent tax that had a compensation package in place? Just ask if you want a hint.

A 5% to 15% rise in power supply supply charges is a bit different to a 5% rise on everything. People are locked into electricity bills. They're free, however, to chose whether they eat out or not.

I'm curious why a GST that taxes everyone is good, but a tax on big companies that pollute is bad. Would you mind explaining this to me?

Karnal wrote on Sep 29^th, 2015 at 4:49pm:

mariacostel wrote on Sep 29th, 2015 at 4:40pm: Karnal wrote on Sep 29th, 2015 at 1:42pm: cods wrote on Sep 29th, 2015 at 1:36pm: Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? yeah get lost swaggy,.. only lefties allowed to whinge and whinge and whinge and whinge and bitch   eh.. kamel.???... aussie keeps pointing out the rules...and kamel is a stickler for aussies rules..right dear. I'm not generally a fan of rules, dear. Live and let live, that's my motto. You're free to moan about lefties and I'm free to love you for it. Swagman is also free to explain how penalty rates ward off customers over the weekend, but a 5% rise in the consumption tax will increase consumer confidence. Thoughts? It's fairly simple really. The 5% increase in GSt is fully compensated for so the actual increase in typical goods is nil. Penalty rates don't ward of customers. They ward off businesses even being open in some cases. What about the 10% service charge on Sundays and public holidays, dear? That's there to hit the customers up for penalty rates. You can't be too happy with this, Maria. We all know how you feel about paying 10% more. I'm curious though. Can you think of another recent tax that had a compensation package in place? Just ask if you want a hint. A 5% to 15% rise in power supply supply charges is a bit different to a 5% rise on everything. People are locked into electricity bills. They're free, however, to chose whether they eat out or not. I'm curious why a GST that taxes everyone is good, but a tax on big companies that pollute is bad. Would you mind explaining this to me?

Are you dumb or what? GST affects virtually everything. The ability to avoid it is non-existent.

The Carbon Tax was an exercise in futility, taxing for the purpose of attacking a non-existent problem. The GST was designed to widen the tax base.

There is no GST on fresh food, education, books, and a small range of other essentials. Go to a resturant, and a $200 bill attracts a tax of $20.

That’s almost as much as the $32 rise in my annual electricity bill passed on from the carbon tax.

What do you think, dear? Do Barnaby’s pensioners use less electricity or eat out less?

GST is a simple to administer tax .
personal income tax is a dissincentive to success.
If NZ can have a top marginal rate of 33 %, i fail to see why ours should be 49 %.

negative gearing is a bad idea. if an investment doesnt make a profit, then you are a dumby and the government shouldnt give money to dumbies.

business tax deductions are a good idea. if you are willing to have a go, create employment, pay some taxes, then the government should make this task easier.

businesses create wealth and employment
real estate doesnt create wealth and employment .

penalty rates , as has been discussed , ad infinitum, are an interference in the labor market and it IS a market . as such, an employer buying labor should have to pay as much or as little as he can secure this commodity for.

if you want an underwater scuba diving welder to go fix an oil pipe in bass strait and there's only one bloke can do it...then you pay him $1000 an hour.
if you want someone to empty the trash at maccas, then the blokes who want the job say what they are willing to do it for and you shake hands and honour your commitment.

this encourages people to be constantly improving and therefore dragging the nation upwards.

all nations, in fact , all people are either getting a little better or a little worse. nothing stands still.

by rewarding getting better, WE get better.

the guy taking out the trash for $10 an hour at maccas, can study in his spare time, he can go and learn to be a barrista during his lunch break and move to the mccafe at $15 an hour.  he can study IT and develop an app for maccas check ins on facebook and move up to $25 an hour.
he can save up and buy a macdonalds franchise.
he can go set up a chain of maccas in indonesia (because he studies indonesian at night school)..


so , the rich get rich.

if he has a scarcity mentality, he can become depressed, have no friends, drown himself in pills and alcohol,  end up evicted for not paying his rent and end up on a park bench.

its really his call.

the negative neurotic thinking and success barriers that the left will try to impose on him, keep him trapped.
i would encourage him to see such people as the phoneys they are  ;)

intestines are 6.5 metres long.

mariacostel wrote on Sep 29^th, 2015 at 4:40pm:

Karnal wrote on Sep 29th, 2015 at 1:42pm: cods wrote on Sep 29th, 2015 at 1:36pm: Karnal wrote on Sep 29th, 2015 at 1:33pm: Swagman wrote on Sep 29th, 2015 at 1:23pm: Sir lastnail wrote on Sep 29th, 2015 at 12:44pm: You know when a new leader or government has no idea of what to do when they start organizing a summit as soon as they get voted in ;) What's the bet the libbos won't touch negative gearing no matter how many people at the talk-fest tell them that it needs to go ;) I'll trade you a scrapping negative gearing for a scrapping of penalty rates.... :D ;D It would be great if you could explain the connection between these two issues, Swagman. Apart from the ideological agenda that drives them, I mean. 1. A tax incentive to encourage people to invest in real estate. 2. An increase in the hourly rate for weekend work. Thoughts? yeah get lost swaggy,.. only lefties allowed to whinge and whinge and whinge and whinge and bitch   eh.. kamel.???... aussie keeps pointing out the rules...and kamel is a stickler for aussies rules..right dear. I'm not generally a fan of rules, dear. Live and let live, that's my motto. You're free to moan about lefties and I'm free to love you for it. Swagman is also free to explain how penalty rates ward off customers over the weekend, but a 5% rise in the consumption tax will increase consumer confidence. Thoughts? It's fairly simple really. The 5% increase in GSt is fully compensated for so the actual increase in typical goods is nil. Penalty rates don't ward of customers. They ward off businesses even being open in some cases.

The 5% increase in GSt is fully compensated for

Do you have a link to the GST increase model that shows this, it looks to me to be simply untrue. You know no such thing.

They ward off businesses even being open in some cases

Not businesses that can successfully compete out of normal hours making a decent profit.

But they do ward of business unnecessarily opening 24 X 7 for no real reason. The penalty is there to stop idiots from opening a box making factory on Sunday when it is clearly not needed. Australia has about 17% shift workers and this is a very high figure compared to the western world with most countries under or around 10% to 12% providing an incentive to increase this number is undesirable.

The reality for 99% of small business is that if penalty rates make the difference between opening and not opening then their is no reasonable business case to open anyway.

This means that if the margin you are looking at is something like $200 to $400 for a Sunday then the risk exceeds the benefit.

A café in a tourist area is going to turn over something like an increased of 400% or more on a Sunday or public holiday and I guarantee that they will pay penalty rates and they will be open and fully staffed. In Dollar terms it could mean as much as $20K. They don't give a poo about paying $800 in penalties in exchange for that return, it's a good deal. The Owner may even turn up to have a look for a short time.

 

aquascoot wrote on Sep 30^th, 2015 at 6:57am:

businesses create wealth and employment real estate doesnt create wealth and employment .

There seems to be a lot of wealthy employed real estate agents out there.

aquascoot wrote on Sep 30^th, 2015 at 6:57am:

business tax deductions are a good idea. if you are willing to have a go, create employment, pay some taxes, then the government should make this task easier.

Funny how the free market proponents suddenly become socialists when business subsidies are mentioned.

aquascoot wrote on Sep 30^th, 2015 at 6:57am:

GST is a simple to administer tax . personal income tax is a dissincentive to success. If NZ can have a top marginal rate of 33 %, i fail to see why ours should be 49 %. negative gearing is a bad idea. if an investment doesnt make a profit, then you are a dumby and the government shouldnt give money to dumbies. business tax deductions are a good idea. if you are willing to have a go, create employment, pay some taxes, then the government should make this task easier. businesses create wealth and employment real estate doesnt create wealth and employment . penalty rates , as has been discussed , ad infinitum, are an interference in the labor market and it IS a market . as such, an employer buying labor should have to pay as much or as little as he can secure this commodity for. if you want an underwater scuba diving welder to go fix an oil pipe in bass strait and there's only one bloke can do it...then you pay him $1000 an hour. if you want someone to empty the trash at maccas, then the blokes who want the job say what they are willing to do it for and you shake hands and honour your commitment. this encourages people to be constantly improving and therefore dragging the nation upwards. all nations, in fact , all people are either getting a little better or a little worse. nothing stands still. by rewarding getting better, WE get better. the guy taking out the trash for $10 an hour at maccas, can study in his spare time, he can go and learn to be a barrista during his lunch break and move to the mccafe at $15 an hour.  he can study IT and develop an app for maccas check ins on facebook and move up to $25 an hour. he can save up and buy a macdonalds franchise. he can go set up a chain of maccas in indonesia (because he studies indonesian at night school).. so , the rich get rich. if he has a scarcity mentality, he can become depressed, have no friends, drown himself in pills and alcohol,  end up evicted for not paying his rent and end up on a park bench. its really his call. the negative neurotic thinking and success barriers that the left will try to impose on him, keep him trapped. i would encourage him to see such people as the phoneys they are  ;)

Where are you copying these thing from?

Sir Grappler Truth Teller OAM wrote on Sep 30^th, 2015 at 7:27am:

aquascoot wrote on Sep 30th, 2015 at 6:57am: GST is a simple to administer tax . personal income tax is a dissincentive to success. If NZ can have a top marginal rate of 33 %, i fail to see why ours should be 49 %. negative gearing is a bad idea. if an investment doesnt make a profit, then you are a dumby and the government shouldnt give money to dumbies. business tax deductions are a good idea. if you are willing to have a go, create employment, pay some taxes, then the government should make this task easier. businesses create wealth and employment real estate doesnt create wealth and employment . penalty rates , as has been discussed , ad infinitum, are an interference in the labor market and it IS a market . as such, an employer buying labor should have to pay as much or as little as he can secure this commodity for. if you want an underwater scuba diving welder to go fix an oil pipe in bass strait and there's only one bloke can do it...then you pay him $1000 an hour. if you want someone to empty the trash at maccas, then the blokes who want the job say what they are willing to do it for and you shake hands and honour your commitment. this encourages people to be constantly improving and therefore dragging the nation upwards. all nations, in fact , all people are either getting a little better or a little worse. nothing stands still. by rewarding getting better, WE get better. the guy taking out the trash for $10 an hour at maccas, can study in his spare time, he can go and learn to be a barrista during his lunch break and move to the mccafe at $15 an hour.  he can study IT and develop an app for maccas check ins on facebook and move up to $25 an hour. he can save up and buy a macdonalds franchise. he can go set up a chain of maccas in indonesia (because he studies indonesian at night school).. so , the rich get rich. if he has a scarcity mentality, he can become depressed, have no friends, drown himself in pills and alcohol,  end up evicted for not paying his rent and end up on a park bench. its really his call. the negative neurotic thinking and success barriers that the left will try to impose on him, keep him trapped. i would encourage him to see such people as the phoneys they are  ;) Where are you copying these thing from?

.

My pre-frontal cortex.
a book called Flow is the latest one i read grapples

Dnarever wrote on Sep 30^th, 2015 at 7:23am:

aquascoot wrote on Sep 30th, 2015 at 6:57am: businesses create wealth and employment real estate doesnt create wealth and employment . There seems to be a lot of wealthy employed real estate agents out there.

sorry, i phrased that badly.
somethings create a wealthier nation but real estate speculation is not one of them.

there are undoubtedly rich pokie machine operators, there are undoubtedly rich bottle shop owners, there are undoubtedly rich divorce lawyers,  but these dont contribute to the overall economic health of a country.

small business should be focused on creative talents and an expansiveness and constant striving for "contribution ".

so a company like cochlear that exports hearing devices all over the world is contributing.

real estate agents , and the examples stated above dont really contribute much and dont have a mission statement.
small business needs to be passionate about something other then making money.
there has to be a sense of making the world a better place

Sir Grappler Truth Teller OAM wrote on Sep 30^th, 2015 at 7:27am:

aquascoot wrote on Sep 30th, 2015 at 6:57am: GST is a simple to administer tax . personal income tax is a dissincentive to success. If NZ can have a top marginal rate of 33 %, i fail to see why ours should be 49 %. negative gearing is a bad idea. if an investment doesnt make a profit, then you are a dumby and the government shouldnt give money to dumbies. business tax deductions are a good idea. if you are willing to have a go, create employment, pay some taxes, then the government should make this task easier. businesses create wealth and employment real estate doesnt create wealth and employment . penalty rates , as has been discussed , ad infinitum, are an interference in the labor market and it IS a market . as such, an employer buying labor should have to pay as much or as little as he can secure this commodity for. if you want an underwater scuba diving welder to go fix an oil pipe in bass strait and there's only one bloke can do it...then you pay him $1000 an hour. if you want someone to empty the trash at maccas, then the blokes who want the job say what they are willing to do it for and you shake hands and honour your commitment. this encourages people to be constantly improving and therefore dragging the nation upwards. all nations, in fact , all people are either getting a little better or a little worse. nothing stands still. by rewarding getting better, WE get better. the guy taking out the trash for $10 an hour at maccas, can study in his spare time, he can go and learn to be a barrista during his lunch break and move to the mccafe at $15 an hour.  he can study IT and develop an app for maccas check ins on facebook and move up to $25 an hour. he can save up and buy a macdonalds franchise. he can go set up a chain of maccas in indonesia (because he studies indonesian at night school).. so , the rich get rich. if he has a scarcity mentality, he can become depressed, have no friends, drown himself in pills and alcohol,  end up evicted for not paying his rent and end up on a park bench. its really his call. the negative neurotic thinking and success barriers that the left will try to impose on him, keep him trapped. i would encourage him to see such people as the phoneys they are  ;) Where are you copying these thing from?

The self-help equivalent of Mills and Boon.

Jovial Monk wrote on Sep 30^th, 2015 at 7:48am:

Sir Grappler Truth Teller OAM wrote on Sep 30th, 2015 at 7:27am: aquascoot wrote on Sep 30th, 2015 at 6:57am: GST is a simple to administer tax . personal income tax is a dissincentive to success. If NZ can have a top marginal rate of 33 %, i fail to see why ours should be 49 %. negative gearing is a bad idea. if an investment doesnt make a profit, then you are a dumby and the government shouldnt give money to dumbies. business tax deductions are a good idea. if you are willing to have a go, create employment, pay some taxes, then the government should make this task easier. businesses create wealth and employment real estate doesnt create wealth and employment . penalty rates , as has been discussed , ad infinitum, are an interference in the labor market and it IS a market . as such, an employer buying labor should have to pay as much or as little as he can secure this commodity for. if you want an underwater scuba diving welder to go fix an oil pipe in bass strait and there's only one bloke can do it...then you pay him $1000 an hour. if you want someone to empty the trash at maccas, then the blokes who want the job say what they are willing to do it for and you shake hands and honour your commitment. this encourages people to be constantly improving and therefore dragging the nation upwards. all nations, in fact , all people are either getting a little better or a little worse. nothing stands still. by rewarding getting better, WE get better. the guy taking out the trash for $10 an hour at maccas, can study in his spare time, he can go and learn to be a barrista during his lunch break and move to the mccafe at $15 an hour.  he can study IT and develop an app for maccas check ins on facebook and move up to $25 an hour. he can save up and buy a macdonalds franchise. he can go set up a chain of maccas in indonesia (because he studies indonesian at night school).. so , the rich get rich. if he has a scarcity mentality, he can become depressed, have no friends, drown himself in pills and alcohol,  end up evicted for not paying his rent and end up on a park bench. its really his call. the negative neurotic thinking and success barriers that the left will try to impose on him, keep him trapped. i would encourage him to see such people as the phoneys they are  ;) Where are you copying these thing from? The self-help equivalent of Mills and Boon.

Isn't it rubbish?

Personal development 101.......it goes like, healthy body, healthy mind, healthy attitude, he learnt it at cub scouts.

I read scoot’s fairy tales with wonder and mirth. She has no idea of anything.

Jovial Monk wrote on Sep 30^th, 2015 at 7:48am:

Sir Grappler Truth Teller OAM wrote on Sep 30th, 2015 at 7:27am: aquascoot wrote on Sep 30th, 2015 at 6:57am: GST is a simple to administer tax . personal income tax is a dissincentive to success. If NZ can have a top marginal rate of 33 %, i fail to see why ours should be 49 %. negative gearing is a bad idea. if an investment doesnt make a profit, then you are a dumby and the government shouldnt give money to dumbies. business tax deductions are a good idea. if you are willing to have a go, create employment, pay some taxes, then the government should make this task easier. businesses create wealth and employment real estate doesnt create wealth and employment . penalty rates , as has been discussed , ad infinitum, are an interference in the labor market and it IS a market . as such, an employer buying labor should have to pay as much or as little as he can secure this commodity for. if you want an underwater scuba diving welder to go fix an oil pipe in bass strait and there's only one bloke can do it...then you pay him $1000 an hour. if you want someone to empty the trash at maccas, then the blokes who want the job say what they are willing to do it for and you shake hands and honour your commitment. this encourages people to be constantly improving and therefore dragging the nation upwards. all nations, in fact , all people are either getting a little better or a little worse. nothing stands still. by rewarding getting better, WE get better. the guy taking out the trash for $10 an hour at maccas, can study in his spare time, he can go and learn to be a barrista during his lunch break and move to the mccafe at $15 an hour.  he can study IT and develop an app for maccas check ins on facebook and move up to $25 an hour. he can save up and buy a macdonalds franchise. he can go set up a chain of maccas in indonesia (because he studies indonesian at night school).. so , the rich get rich. if he has a scarcity mentality, he can become depressed, have no friends, drown himself in pills and alcohol,  end up evicted for not paying his rent and end up on a park bench. its really his call. the negative neurotic thinking and success barriers that the left will try to impose on him, keep him trapped. i would encourage him to see such people as the phoneys they are  ;) Where are you copying these thing from? The self-help equivalent of Mills and Boon.

LOL

there is literally a ton of stuff on youtube for free.
i like some of the stuff ive learnt on there .
one of the really good things about most of the self help people is they stress having a purpose in life and they stress contribution and they stress that you have to have a mentality of "giving " rather then "getting"

i find this to be true in business.(and in life).

if your primary focus is on what will i get for doing this job, you have already lost.
if your primary focus is on giving it your all, you have already won.


True story...unemployed guy in the states thought he might as well do something useful with his day so just went and cleaned the windows on local shops.
when the deli owner asked him why he was doing it, he said he just wanted to be useful.
deli owner gave him a job. guy ended up buying a deli himself. guy ended up buying several delis.
guy got a great wife, awesome family...blah blah blah.

there is nothing stopping anyone in australia doing the same thing except their attitude to life.
change that attitude, you change your life,

its in the bible too
"it is better to give then to recieve."

a book as practical as it is spiritual

No more evil book around than the bible.

smh article on the talkfest:

http://www.smh.com.au/federal-politics/political-news/malcolm-turnbull-left-weighing-reform-task-as-market-dives-on-resources-woes-20150929-gjxehr.html

You read it and you realise all over again how the MTM is going to hold Australia back for decades, then after FTTH is finally rolled out pretty much everywhere we start DECADES behind all our neighbors and trading partners.

You could weep at the waste.

Another article purported to show Fifield, our new Minister against Communications was going to support more FTTH when it was clear he had not said anything of the kind.

Libs are wreckers!

Nothing could offset the decline in mining, promote productivity etc etc as much as the real NBN could.