Australian Politics Forum - Will Coalition Wind Back The Tax Free Threshold.

imcrookonit

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Will Coalition Wind Back The Tax Free Threshold.
Nov 5^th, 2012 at 7:13am

Prepared as Treasury attempts to come to grips with a suite of Coalition policies yet to be announced, the analysis includes only those to which it has publicly committed. Excluded are policies with a negative but uncertain impact on business, such as winding back the recent increase in the employee tax-free threshold from $6000 to $18,200. Huh

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imcrookonit Ex Member	Re: Will Coalition Wind Back The Tax Free Threshold. Reply #1 - Nov 5^th, 2012 at 7:15am Are you going to keep the good Australian people in the dark, on this as well Mr Abbott?. Why not spell it out for us?. Will the Coalition wind back the tax free - threshold?.
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warrigal Gold Member Offline Australian Politics Posts: 2569 australia Gender:	Re: Will Coalition Wind Back The Tax Free Threshold. Reply #2 - Nov 5^th, 2012 at 7:19am Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back. so what might be go for the average person is bad for the low income earner.
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Dnarever

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #3 - Nov 5^th, 2012 at 7:36am

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

Low income earners now pay less tax?

The only money they or anyone gets back is when they pay extra.

If low income earners were to keep paying the same tax they would get back thousands more.

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skippy.

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #4 - Nov 5^th, 2012 at 7:44am

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

What a dumb statement ,people don't have to pay tax until they earn 350 bucks a week AND as proven on here a couple of weeks still keep the low income rebate as well as not having to put in tax returns, FMD the rightards are dumb.
As for the thread title, YES phony tony has said he will repeal the price on carbon that in turn means he will take away all that extra money that low Income earners now get as well as asking for the money back that Labor gave families, probably via higher taxes, what else can he do? He claims to be responsible, he can't let everyone keep it if he removes the price on carbon.

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John Smith

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #5 - Nov 5^th, 2012 at 7:46am

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

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I hope that bitch who was running their brothels for them gets raped with a cactus.

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warrigal

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #6 - Nov 5^th, 2012 at 8:24am

John Smith wrote on Nov 5^th, 2012 at 7:46am:

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

I have paid tax on my income for the last financial, every other year I have lodge a tax return and got a return , what you pay is returned if you claim it.

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If you can create a big enough lie about someone IGNORANT people will bellieve it.

The bigger the Arshole you are on this forum, the more right you have to stay.

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John Smith

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #7 - Nov 5^th, 2012 at 8:27am

warrigal wrote on Nov 5^th, 2012 at 8:24am:

John Smith wrote on Nov 5^th, 2012 at 7:46am:

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

I have paid tax on my income for the last financial, every other year I have lodge a tax return and got a return , what you pay is returned if you claim it.

you can only get back what you have overpaid .... it's a refund, not a gift from the government ... its money you have been overcharged ... a bit like if you pay $500 towards your electricity bill and it comes in at $300, the electricity provider should refund $200 ....

if you used to earn $15 000, you would have had to pay tax .... now you don't ....

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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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Verge

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #8 - Nov 5^th, 2012 at 8:29am

John Smith wrote on Nov 5^th, 2012 at 8:27am:

warrigal wrote on Nov 5^th, 2012 at 8:24am:

John Smith wrote on Nov 5^th, 2012 at 7:46am:

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

I have paid tax on my income for the last financial, every other year I have lodge a tax return and got a return , what you pay is returned if you claim it.

you can only get back what you have overpaid .... it's a refund, not a gift from the government ... its money you have been overcharged ... a bit like if you pay $500 towards your electricity bill and it comes in at $300, the electricity provider should refund $200 ....

if you used to earn $15 000, you would have had to pay tax .... now you don't ....

If you used to earn $15,000 you didnt pay a cent of tax as a matter of fact!

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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John Smith

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #9 - Nov 5^th, 2012 at 8:32am

warrigal wrote on Nov 5^th, 2012 at 8:24am:

John Smith wrote on Nov 5^th, 2012 at 7:46am:

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

I have paid tax on my income for the last financial, every other year I have lodge a tax return and got a return , what you pay is returned if you claim it.

by the way, what you pay is not returned if you claim it ...

claims are taken of your total taxable income , and not tax payable... what is returned is the difference in tax between your original taxable income, and the new figure of taxable income after allowing for claims .

eg, taxable income $100 000, tax payable $30 000 ....if you claim $10 000 in deductions then taxable income is reduced to $$90 000 meaning your tax payable is now $28 000 ... if you had paid the $30 000 in tax over the year you would now get a refuind of $2000 .

(by the way, the figures I have used are purely as an example, I have not used real tax rates)

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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John Smith

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #10 - Nov 5^th, 2012 at 8:35am

Verge wrote on Nov 5^th, 2012 at 8:29am:

John Smith wrote on Nov 5^th, 2012 at 8:27am:

warrigal wrote on Nov 5^th, 2012 at 8:24am:

John Smith wrote on Nov 5^th, 2012 at 7:46am:

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

I have paid tax on my income for the last financial, every other year I have lodge a tax return and got a return , what you pay is returned if you claim it.

you can only get back what you have overpaid .... it's a refund, not a gift from the government ... its money you have been overcharged ... a bit like if you pay $500 towards your electricity bill and it comes in at $300, the electricity provider should refund $200 ....

if you used to earn $15 000, you would have had to pay tax .... now you don't ....

If you used to earn $15,000 you didnt pay a cent of tax as a matter of fact!

thats because of rebates ....

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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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Verge

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #11 - Nov 5^th, 2012 at 8:36am

John Smith wrote on Nov 5^th, 2012 at 8:35am:

Verge wrote on Nov 5^th, 2012 at 8:29am:

John Smith wrote on Nov 5^th, 2012 at 8:27am:

warrigal wrote on Nov 5^th, 2012 at 8:24am:

John Smith wrote on Nov 5^th, 2012 at 7:46am:

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

I have paid tax on my income for the last financial, every other year I have lodge a tax return and got a return , what you pay is returned if you claim it.

you can only get back what you have overpaid .... it's a refund, not a gift from the government ... its money you have been overcharged ... a bit like if you pay $500 towards your electricity bill and it comes in at $300, the electricity provider should refund $200 ....

if you used to earn $15 000, you would have had to pay tax .... now you don't ....

If you used to earn $15,000 you didnt pay a cent of tax as a matter of fact!

thats because of rebates ....

Offsets actually, which is just code for "If you are an australian citizen you get it".

Still doesnt change the fact you didnt pay tax until you made about $17,000.

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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skippy.

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #12 - Nov 5^th, 2012 at 8:38am

Verge wrote on Nov 5^th, 2012 at 8:29am:

John Smith wrote on Nov 5^th, 2012 at 8:27am:

warrigal wrote on Nov 5^th, 2012 at 8:24am:

John Smith wrote on Nov 5^th, 2012 at 7:46am:

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

I have paid tax on my income for the last financial, every other year I have lodge a tax return and got a return , what you pay is returned if you claim it.

you can only get back what you have overpaid .... it's a refund, not a gift from the government ... its money you have been overcharged ... a bit like if you pay $500 towards your electricity bill and it comes in at $300, the electricity provider should refund $200 ....

if you used to earn $15 000, you would have had to pay tax .... now you don't ....

If you used to earn $15,000 you didnt pay a cent of tax as a matter of fact!

You may have got it back as a rebate but you still had to do a tax return and wait until you got your refund before you got it back. Now people that earn such a small amount do not have to lodge a tax return at all.

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warrigal

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #13 - Nov 5^th, 2012 at 9:03am

skippy. wrote on Nov 5^th, 2012 at 8:38am:

Verge wrote on Nov 5^th, 2012 at 8:29am:

John Smith wrote on Nov 5^th, 2012 at 8:27am:

warrigal wrote on Nov 5^th, 2012 at 8:24am:

John Smith wrote on Nov 5^th, 2012 at 7:46am:

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

I have paid tax on my income for the last financial, every other year I have lodge a tax return and got a return , what you pay is returned if you claim it.

you can only get back what you have overpaid .... it's a refund, not a gift from the government ... its money you have been overcharged ... a bit like if you pay $500 towards your electricity bill and it comes in at $300, the electricity provider should refund $200 ....

if you used to earn $15 000, you would have had to pay tax .... now you don't ....

If you used to earn $15,000 you didnt pay a cent of tax as a matter of fact!

You may have got it back as a rebate but you still had to do a tax return and wait until you got your refund before you got it back. Now people that earn such a small amount do not have to lodge a tax return at all.

it took quite a while this year to get my income statements from centrelink , so I will be lodging just as I had in previous years.

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If you can create a big enough lie about someone IGNORANT people will bellieve it.

The bigger the Arshole you are on this forum, the more right you have to stay.

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skippy.

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Re: Will Coalition Wind Back The Tax Free Threshold.
Reply #14 - Nov 5^th, 2012 at 9:07am

warrigal wrote on Nov 5^th, 2012 at 9:03am:

skippy. wrote on Nov 5^th, 2012 at 8:38am:

Verge wrote on Nov 5^th, 2012 at 8:29am:

John Smith wrote on Nov 5^th, 2012 at 8:27am:

warrigal wrote on Nov 5^th, 2012 at 8:24am:

John Smith wrote on Nov 5^th, 2012 at 7:46am:

warrigal wrote on Nov 5^th, 2012 at 7:19am:

Lifting this tax free threhold, has archived nothing excepted stopping low income earners get there tax back.

so what might be go for the average person is bad for the low income earner.

you really have no idea do you? you can only get back what you have overpaid .... lifting the threshold means they pay less ...

I have paid tax on my income for the last financial, every other year I have lodge a tax return and got a return , what you pay is returned if you claim it.

you can only get back what you have overpaid .... it's a refund, not a gift from the government ... its money you have been overcharged ... a bit like if you pay $500 towards your electricity bill and it comes in at $300, the electricity provider should refund $200 ....

if you used to earn $15 000, you would have had to pay tax .... now you don't ....

If you used to earn $15,000 you didnt pay a cent of tax as a matter of fact!

You may have got it back as a rebate but you still had to do a tax return and wait until you got your refund before you got it back. Now people that earn such a small amount do not have to lodge a tax return at all.

it took quite a while this year to get my income statements from centrelink , so I will be lodging just as I had in previous years.

Well considering the new tax system did not start until July one this year you would have to lodge as per usual this year. Roll Eyes

why do people that have no freaking idea bother to start threads like this? Roll Eyes

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