deepthought wrote on May 31^st, 2008 at 7:10pm:


"GST can never claw back the excise reduction.  Ever."

Except when the base price goes up by 50 cents. The GST applies to the entire price, not just the excise component.
Example:
base price of $1.00 + 33 cents excise + 13.3 cents GST per litre
base price of $1.50 + 33 cents excise + 18.3 cents GST per litre
base price of $2.00 + 33 cents excise + 23.3 cents GST per litre

Sheesh I'm glad I decided never to hire you.


Anyway, this topic is dead to me. Evidence shows there is no problem with our rate of fuel excise and some of us know the GST applies to the entire price of petrol and will continue adding 1 extra cent for every 10 cent rise in the base price of petrol until infinity.


All in favour of the honourable Mr freediver's proposition that "Nelson's petrol tax cuts are a bad idea" say aye

AYE



ps, There aren't  many pensioners who use a tank full of petrol a week and would save 2.50 for a litre of milk, but theres a heck of a lot of people who will soon be getting substantial tax cuts from the nice Mr Rudd. Up to 40-50 dollars a week in some cases, I understand. Now thats real help for "people who are struggling"

You will be singing Rudds praises to the rooftops!

with your powers of Strawman, Ad Hominem and misrepresentation, one day you will find someone who you can persuade into something. Keep looking though cos it aint me.

Quote:



If other readers think that I was saying "pensioners getting an extra 40 - 50 dollars a week" in that paragraph, please let me know.

So you did understand what I wrote but claimed it was something different and asked me for a link to prove what I didn't say. Misrepresentation and Strawman.

Pensioners did well out of the Budget. Up to an additional $900 a year for various allowances
Pensioners lost nothing they got last year, the pension has increased with CPI and the pension is under review. If you believe that the previous government looked after them well, and if they have lost nothing and are now receiving up to an additional 900 dollars in benefits this year, then surely you must believe they are now being looked after extra well.
Personally I would certainly support giving them another $2.50 to cover increased fuel prices but I wouldn't make them have to first spend 75 dollars to get it.

Massive tax cuts are coming up, and for the first time in years are aimed primarily at lower and middle income earners. The Liberals consistantly gave most benefit to the highest earners in their tax cuts and neglected the "struggling people" on lower incomes. They got "Work Choices" instead.

I dont intend debating you any further deepthought, I see no point.

http://news.smh.com.au/national/govt-tight-lipped-over-emissions-trading-20080608-2ndz.html

Prime Minister Kevin Rudd says the government will await the outcome of the Garnaut report on climate change, before it decides whether it will include petrol in its emissions trading policy.

Mr Rudd has criticised the opposition for changing its stance on the issue of a carbon trading scheme, saying it contradicts the opposition's views prior to the last election.

But its feared the introduction of petrol into an emissions trading scheme would put further pressure on petrol prices.

Mr Rudd told the Ten Network shadow treasurer Malcolm Turnbull had said the Liberal party in government was committed to including petrol in the emissions trading scheme.

He said Opposition Leader Brendan Nelson was involved "in the mother of all fear campaigns" about rising petrol prices if it was included in the policy.

"But last year they said they the Liberal party were committed to emissions trading," he said.

"Last year they said they'd include petrol, last year Mr Howard said that if you act in this way, it will increase the cost of oil and the cost of energy. That was last year.

"Dr Nelson being a politician of great principle, has since forgotten what the Liberal party stood for last year."

Mr Rudd said he'll await economist Ross Garnaut's report to be handed down in September, before making a decision on whether petrol would be included.

"We'll examine the scope of the scheme," he said.

"But what we've also said is that when it comes to those families who are under financial pressure, that we'll also be providing other forms of support to cope with any impact that flows to their overall cost of living and the consequence of any such change."