Australian Politics Forum - The Majority Of Voters Say No To GST Increase

Redmond Neck Gold Member Offline OzPolitic Posts: 22960 ACT Gender:	Re: The Majority Of Voters Say No To GST Increase Reply #15 - Feb 1^st, 2016 at 7:48am Tax everyone harder = less disposable income = less economic growth. Seems straightforward enough to me! I am sure Swaggie would advocate that!
Back to top	BAN ALL THESE ABO SITES RECOGNITIONS. ALL AUSTRALIA IS FOR ALL AUSTRALIANS! IP Logged

Jovial Monk

Gold Member

Offline

Dogs not cats!

Posts: 51474
Gender: male

Re: The Majority Of Voters Say No To GST Increase
Reply #16 - Feb 1^st, 2016 at 7:52am

I would like to see the Howardista profligacy ripped out of the Budget.

Use some of that to boost Newstart. Newstart recipients spend every cent they get, they have to. This would increase demand which would lead to more jobs.

Govt spending is nearly 26% of GDP!

Once we have gotten rid of the pork barreling and wealthfare Howard built into the Budget—and Profligate Pete was worried about this you may remember—then tax rates, GST etc can be considered.

Just bumping up the GST now would just act to depress demand, increasing unemployment.

Back to top

OzPolitic needs a >real< Environment MRB now!
OzPolitic needs a >real< Food MRB now!
OzPolitic needs a >real< Health MRB now!
OzPolitic needs a >real< Economics MRB now!

Topics in the right MRB!

IP Logged

Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Re: The Majority Of Voters Say No To GST Increase Reply #17 - Feb 1^st, 2016 at 7:55am When Howard introduced the GST, he almost had a recession.
Back to top	You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument. IP Logged

Armchair_Politician

Gold Member

Offline

Australian Politics

Posts: 28479
Gender: male

Re: The Majority Of Voters Say No To GST Increase
Reply #18 - Feb 1^st, 2016 at 7:59am

Redmond Neck wrote on Feb 1^st, 2016 at 7:48am:

Tax everyone harder = less disposable income = less economic growth.

Seems straightforward enough to me!

I am sure Swaggie would advocate that! Roll Eyes

You seem to forget that a rise in the GST to 15% would be offset by axing a heap of other taxes, along with compensation for low income earners.

Back to top

IP Logged

Redmond Neck

Gold Member

Offline

OzPolitic

Posts: 22960
ACT
Gender: male

Re: The Majority Of Voters Say No To GST Increase
Reply #19 - Feb 1^st, 2016 at 8:03am

Armchair_Politician wrote on Feb 1^st, 2016 at 7:59am:

Redmond Neck wrote on Feb 1^st, 2016 at 7:48am:

Tax everyone harder = less disposable income = less economic growth.

Seems straightforward enough to me!

I am sure Swaggie would advocate that! Roll Eyes

You seem to forget that a rise in the GST to 15% would be offset by axing a heap of other taxes, along with compensation for low income earners.

Its going to raise revenue dope = someone isnt getting an offset = less disposable income overall = less economic growth

Are you trying to say tax offset will cancel it out

More like we will tax you an extra thirty bucks and here is ten bucks to bmake you feel good

Its all a nonsense money grab

Back to top

BAN ALL THESE ABO SITES RECOGNITIONS.

ALL AUSTRALIA IS FOR ALL AUSTRALIANS!

IP Logged

____

Gold Member

Offline

Australian Politics

Posts: 33410
Australia
Gender: male

Re: The Majority Of Voters Say No To GST Increase
Reply #20 - Feb 1^st, 2016 at 8:05am

Struggling households that are under massive financial pressures are not willing to fork over more taxes so to help out the share values of companies.

No wonder timid Turnbull will not stake the Liberals to a GST position. The coalition are such cowards now.

Bring back Abbott so the Libs can regain so courage.

Back to top

IP Logged

cods

Gold Member

Offline

Australian Politics

Posts: 88048

Re: The Majority Of Voters Say No To GST Increase
Reply #21 - Feb 1^st, 2016 at 8:17am

Redmond Neck wrote on Feb 1^st, 2016 at 7:48am:

Tax everyone harder = less disposable income = less economic growth.

Seems straightforward enough to me!

I am sure Swaggie would advocate that! Roll Eyes

I dont kn ow how much you spend a week ON THE GST red..

have you checked your sales dockets lately??>.

check how much you pay in GST each week then add 5%.... you will be surprised how little it is..

unless you are into fancy holidays overseas that is... Wink

... and dont forget..

where you a re going TIPPING every man and his dog.. will cost more than 15% gst...

thats on top of their[American] form of GST...[sales tax]

have a read it may enlighten you red..

https://www.tripadvisor.com.au/Travel-g191-c1484/United-States:Sales.Tax.html

Back to top

IP Logged

cods

Gold Member

Offline

Australian Politics

Posts: 88048

Re: The Majority Of Voters Say No To GST Increase
Reply #22 - Feb 1^st, 2016 at 8:20am

____ wrote on Feb 1^st, 2016 at 8:05am:

Struggling households that are under massive financial pressures are not willing to fork over more taxes so to help out the share values of companies.

No wonder timid Turnbull will not stake the Liberals to a GST position. The coalition are such cowards now.

Bring back Abbott so the Libs can regain so courage.

im not struggling nor do I smoke or drink or gamble... all highly TAXED by both State and Fed govts..

if you spend wisely ... you wouldnt pay any gst....

do you really think 5% on what we pay now will make a huge difference to struggle street??

if they were into buying boats or new cars every two years and updating their homes I would say YES....otherwise...most food doesnt have GST...

your a bunch of whingers....dont appreciate how lucky you are..

Back to top

IP Logged

Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: The Majority Of Voters Say No To GST Increase Reply #23 - Feb 1^st, 2016 at 8:24am cods wrote on Feb 1^st, 2016 at 7:26am: didnt BEAZLEY fight the GST... look what happened to him. I believe some lefties still fight daylight saving..and seatbelts. well it makes sense to some.. Going to be one of those days again is it
Back to top	IP Logged

cods

Gold Member

Offline

Australian Politics

Posts: 88048

Re: The Majority Of Voters Say No To GST Increase
Reply #24 - Feb 1^st, 2016 at 8:25am

Its time wrote on Feb 1^st, 2016 at 8:24am:

cods wrote on Feb 1^st, 2016 at 7:26am:

didnt BEAZLEY fight the GST...

look what happened to him.

I believe some lefties still fight daylight saving..and seatbelts. Roll Eyes

well it makes sense to some.. Grin

Going to be one of those days again is it Roll Eyes

well its about the GST..

may I suggest you go elsewhere if its all too hard.

Back to top

IP Logged

crocodile

Gold Member

Offline

Australian Politics

Posts: 6683
Gender: male

Re: The Majority Of Voters Say No To GST Increase
Reply #25 - Feb 1^st, 2016 at 8:26am

Redmond Neck wrote on Feb 1^st, 2016 at 8:03am:

Armchair_Politician wrote on Feb 1^st, 2016 at 7:59am:

Redmond Neck wrote on Feb 1^st, 2016 at 7:48am:

Tax everyone harder = less disposable income = less economic growth.

Seems straightforward enough to me!

I am sure Swaggie would advocate that! Roll Eyes

You seem to forget that a rise in the GST to 15% would be offset by axing a heap of other taxes, along with compensation for low income earners.

Its going to raise revenue dope = someone isnt getting an offset = less disposable income overall = less economic growth

Are you trying to say tax offset will cancel it out

More like we will tax you an extra thirty bucks and here is ten bucks to bmake you feel good

Its all a nonsense money grab

It's not quite so simple Red. The differing deadweight losses need to be taken into account. Even if revenue neutral, GST is a smaller drain on economic activity.

Deadweight Loss of GST = 8c per dollar, Income tax = 24c per dollar.

Having said that though, I'd much prefer to attack the spending side first and get rid of all the subsidisation and handouts in return for a lower tax burden overall. Politically difficult though.

Back to top

Very funny Scotty, now beam down my clothes.

IP Logged

Labor voter

Senior Member

Offline

Australian Politics

Posts: 302
Gender: male

Re: The Majority Of Voters Say No To GST Increase
Reply #26 - Feb 1^st, 2016 at 8:36am

cods wrote on Feb 1^st, 2016 at 8:20am:

____ wrote on Feb 1^st, 2016 at 8:05am:

Struggling households that are under massive financial pressures are not willing to fork over more taxes so to help out the share values of companies.

No wonder timid Turnbull will not stake the Liberals to a GST position. The coalition are such cowards now.

Bring back Abbott so the Libs can regain so courage.

im not struggling nor do I smoke or drink or gamble... all highly TAXED by both State and Fed govts..

if you spend wisely ... you wouldnt pay any gst....

do you really think 5% on what we pay now will make a huge difference to struggle street??

if they were into buying boats or new cars every two years and updating their homes I would say YES....otherwise...most food doesnt have GST...

your a bunch of whingers....dont appreciate how lucky you are..

They are even thinking of putting GST on fresh food, health and education. You know what fresh food, health and education will go up 15% not 5% as most people think that fresh food, health and education will only go up 5%

Back to top

Opinions are like arseholes everyone got one.

It doesn't mean that your opinion or my opinion is right

See my post in the welcome thread reply #575 and you will know what I am like

IP Logged

mariacostel Gold Member Offline Australian Politics Posts: 7344 Sydney Gender:	Re: The Majority Of Voters Say No To GST Increase Reply #27 - Feb 1^st, 2016 at 8:39am Bam wrote on Feb 1^st, 2016 at 7:55am: When Howard introduced the GST, he almost had a recession. Forgetting of course the global economic downturn at the time where other countries DID go into recession. Context, Bambi. Try it.
Back to top	IP Logged

Swagman

Gold Member

Offline

Beware of cheap imitations......

Posts: 15095
Illawarra NSW
Gender: male

Re: The Majority Of Voters Say No To GST Increase
Reply #28 - Feb 1^st, 2016 at 8:40am

Redmond Neck wrote on Feb 1^st, 2016 at 7:48am:

Tax everyone harder = less disposable income = less economic growth.

Seems straightforward enough to me!

I am sure Swaggie would advocate that! Roll Eyes

Yes that's true to an extent, which is why any GST increase would have to factor in some sort of compensation and / or spending boost.

____ wrote on Feb 1^st, 2016 at 8:05am:

Struggling households that are under massive financial pressures are not willing to fork over more taxes so to help out the share values of companies.

That's out of left field? How does an increase in the GST help out the share values of companies?

At any rate the important point about a GST increase that Leftists totally ignore is that it's the poor that benefit the most out of taxation.

Back to top

IP Logged

Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: The Majority Of Voters Say No To GST Increase Reply #29 - Feb 1^st, 2016 at 8:41am That graph is garbage! The GST hits workers when they go out and consume. With overseas–owned companies the profit flows out the country (my god how it flows out!) And so on, garbage graph!
Back to top	OzPolitic needs a >real< Environment MRB now! OzPolitic needs a >real< Food MRB now! OzPolitic needs a >real< Health MRB now! OzPolitic needs a >real< Economics MRB now! Topics in the right MRB! IP Logged