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abbott wont get rid of negative gearing (Read 4850 times)
JC Denton
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abbott wont get rid of negative gearing
Apr 17th, 2015 at 11:25am
 
big shock

Quote:
Prime Minister Tony Abbott has ruled out changes negative gearing, saying the government does not want to kick off the tax reform debate with increasing taxes.

Asked whether he would rule out changes to negative gearing, following an Australian Council of Social Service report that called for the tax break to be restricted, Mr Abbott said: "Yes".

The government I lead wants taxes to be lower, simpler, fairer


http://www.smh.com.au/business/prime-minister-tony-abbott-rules-out-changes-to-negative-gearing-20150416-1mmibf.html
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Swagman
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Re: abbott wont get rid of negative gearing
Reply #1 - Apr 17th, 2015 at 11:38am
 
Labor should make it a policy to take to the election...
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Redmond Neck
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Re: abbott wont get rid of negative gearing
Reply #2 - Apr 17th, 2015 at 12:06pm
 
Labor wont need to have any policies to beat this idiot the way he is going.   Grin Grin
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BAN ALL THESE ABO SITES RECOGNITIONS.

ALL AUSTRALIA IS FOR ALL AUSTRALIANS!
 
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Swagman
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Re: abbott wont get rid of negative gearing
Reply #3 - Apr 17th, 2015 at 12:15pm
 
Redmond Neck wrote on Apr 17th, 2015 at 12:06pm:
Labor wont need to have any policies to beat this idiot the way he is going.   Grin Grin


That's actually the point.  It's not a popular policy.  Get a mandate.
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ImSpartacus2
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Re: abbott wont get rid of negative gearing
Reply #4 - Apr 17th, 2015 at 12:34pm
 
So much for this "conversation" he wants us to have about tax. It seems the only things he wants on the table for discussion is how to get more $$ out of working people. No "new" taxes that might affect his mates (and of course to characterise removing a lurk as a tax is an absurd lie) and we didn't even get to discuss the small business tax cut coming in July. How much extra tax will households have to find to pay for that.
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Re: abbott wont get rid of negative gearing
Reply #5 - Apr 17th, 2015 at 12:37pm
 
Here's a foreign concept, how about the Senate allows costs cutting measures to be passed. Won't need to raise taxes then. Unless you are all in agreement to part with more of your hard earned of course?
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ImSpartacus2
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Re: abbott wont get rid of negative gearing
Reply #6 - Apr 17th, 2015 at 12:52pm
 
Rider wrote on Apr 17th, 2015 at 12:37pm:
Here's a foreign concept, how about the Senate allows costs cutting measures to be passed. Won't need to raise taxes then. Unless you are all in agreement to part with more of your hard earned of course?

Nahh, 2 wrongs don't make a right. Time the commercial sector and wealthy are made to pay their share like we all have to.
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Sir lastnail
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Re: abbott wont get rid of negative gearing
Reply #7 - Apr 17th, 2015 at 12:58pm
 
Swagman wrote on Apr 17th, 2015 at 11:38am:
Labor should make it a policy to take to the election...


Neither side will touch it because they are both as corrupt as each other. Yet they are willing to raid peoples super to pump up the property bubble and encourage more tax avoidance in the black economy from tradies etc !!
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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Steampipe
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Re: abbott wont get rid of negative gearing
Reply #8 - Apr 17th, 2015 at 1:03pm
 
ImSpartacus2 wrote on Apr 17th, 2015 at 12:52pm:
Rider wrote on Apr 17th, 2015 at 12:37pm:
Here's a foreign concept, how about the Senate allows costs cutting measures to be passed. Won't need to raise taxes then. Unless you are all in agreement to part with more of your hard earned of course?

Nahh, 2 wrongs don't make a right. Time the commercial sector and wealthy are made to pay their share like we all have to.


Ah yes nothing like killing the goose that lays the golden eggs, roasting it in the oven and having a big feast. Everyone gets to have a big meal.
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Grappler Truth Teller Feller
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Re: abbott wont get rid of negative gearing
Reply #9 - Apr 17th, 2015 at 1:04pm
 
Rider wrote on Apr 17th, 2015 at 12:37pm:
Here's a foreign concept, how about the Senate allows costs cutting measures to be passed. Won't need to raise taxes then. Unless you are all in agreement to part with more of your hard earned of course?



It is the focus of cost cutting that is the problem - but you already know that.

Plenty of REVENUE to be gained out there with a solid approach to revenue/costs, without taking it from the poorest in the land...

Just came home from my doctor - he stopped bulk billing after ToJo's rave about raising costs.... now it costs me $18 each time I go... not as bad as some...
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“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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Sir lastnail
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Re: abbott wont get rid of negative gearing
Reply #10 - Apr 17th, 2015 at 1:07pm
 
ImSpartacus2 wrote on Apr 17th, 2015 at 12:34pm:
So much for this "conversation" he wants us to have about tax. It seems the only things he wants on the table for discussion is how to get more $$ out of working people. No "new" taxes that might affect his mates (and of course to characterise removing a lurk as a tax is an absurd lie) and we didn't even get to discuss the small business tax cut coming in July. How much extra tax will households have to find to pay for that.


Only what they want to talk about the f.cken hypocrites that they are Sad

Labor is not much different. Negative gearing is the forbidden topic amongst the major parties.
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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Grappler Truth Teller Feller
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Re: abbott wont get rid of negative gearing
Reply #11 - Apr 17th, 2015 at 1:08pm
 
Steampipe wrote on Apr 17th, 2015 at 1:03pm:
ImSpartacus2 wrote on Apr 17th, 2015 at 12:52pm:
Rider wrote on Apr 17th, 2015 at 12:37pm:
Here's a foreign concept, how about the Senate allows costs cutting measures to be passed. Won't need to raise taxes then. Unless you are all in agreement to part with more of your hard earned of course?

Nahh, 2 wrongs don't make a right. Time the commercial sector and wealthy are made to pay their share like we all have to.


Ah yes nothing like killing the goose that lays the golden eggs, roasting it in the oven and having a big feast. Everyone gets to have a big meal.


Better than slowly beating the golden goose of labour to death....

Are you seriously suggesting that business would simply fold up their tents and walk off into the sunset because they had to pay their share of tax?  What would they do for an income then?  Beg on the streets?  Take a pension?

the same argument applies to those who want our resources - do you seriously think they will go elsewhere when forced to pay their way?  Do you seriously think that if they move out, someone else will not want in at the going rate to get hold of this profit making machine?

You're dreaming....
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“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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Re: abbott wont get rid of negative gearing
Reply #12 - Apr 17th, 2015 at 1:13pm
 
It is very unlikely that Abbott will rule out GST increases in rate and or scope.

GST will punish the lower layers of society more than the upper layers.

Abbott is lying when he says he wants to reduce taxes. His budget is totally decimated by resource price collapse and burgeoning unemployment.

The budget is a shipwreck.
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We first fought the heathens in the name of religion, then Communism, and now in the name of drugs and terrorism. Our excuses for global domination always change.
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Re: abbott wont get rid of negative gearing
Reply #13 - Apr 17th, 2015 at 1:13pm
 
JC Denton wrote on Apr 17th, 2015 at 11:25am:
big shock

Quote:
Prime Minister Tony Abbott has ruled out changes negative gearing, saying the government does not want to kick off the tax reform debate with increasing taxes.

Asked whether he would rule out changes to negative gearing, following an Australian Council of Social Service report that called for the tax break to be restricted, Mr Abbott said: "Yes".

The government I lead wants taxes to be lower, simpler, fairer


http://www.smh.com.au/business/prime-minister-tony-abbott-rules-out-changes-to-negative-gearing-20150416-1mmibf.html


He wants to reform taxes and plug Black Holes of Budget.... but he ONLY wants to discuss tax rises for the majority less well off?

HTS is he going to 'reform' taxation without raising taxes on someone?  The ONLY question is who and how much, since no concept of fair play will come into it as long as this 'reform' doesn't cut their personal privileges....
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“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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Steampipe
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Re: abbott wont get rid of negative gearing
Reply #14 - Apr 17th, 2015 at 1:17pm
 
Grappler Truth Teller Feller wrote on Apr 17th, 2015 at 1:08pm:
Steampipe wrote on Apr 17th, 2015 at 1:03pm:
ImSpartacus2 wrote on Apr 17th, 2015 at 12:52pm:
Rider wrote on Apr 17th, 2015 at 12:37pm:
Here's a foreign concept, how about the Senate allows costs cutting measures to be passed. Won't need to raise taxes then. Unless you are all in agreement to part with more of your hard earned of course?

Nahh, 2 wrongs don't make a right. Time the commercial sector and wealthy are made to pay their share like we all have to.


Ah yes nothing like killing the goose that lays the golden eggs, roasting it in the oven and having a big feast. Everyone gets to have a big meal.


Better than slowly beating the golden goose of labour to death....

Are you seriously suggesting that business would simply fold up their tents and walk off into the sunset because they had to pay their share of tax?  What would they do for an income then?  Beg on the streets?  Take a pension?

the same argument applies to those who want our resources - do you seriously think they will go elsewhere when forced to pay their way?  Do you seriously think that if they move out, someone else will not want in at the going rate to get hold of this profit making machine?

You're dreaming....


Just be careful of what you ask for, businesses must make a profit, tax them more and prices will go up and jobs will be lost, businesses must make a profit.
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