Australian Politics Forum - Why should the rich not get more tax cuts?

Andrei.Hicks

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Re: Why should the rich not get more tax cuts?
Reply #15 - May 13^th, 2016 at 8:55am

GordyL wrote on May 13^th, 2016 at 8:13am:

cods wrote on May 13^th, 2016 at 8:06am:

GordyL wrote on May 13^th, 2016 at 8:02am:

I heard an economist on ABC radio yesterday saying the bottom 3rd of the population pays just about no tax, even with GST when you factor in family benefits, medicare, education and pensions.

We most defiantly wasn't a righartd, his position was NOBODY pays enough tax to fund the handouts we're so accustomed to.

exactly.....when they are too gutless to raise the GST....... then we deserve what we get....the GST is about the only TAX that affects everyone the same...there is no distinction...

we are too stoooopid to see it.

I'm not into a GST increase. I think hitting the really high earners wold be a start, winding back fuel subsidies for mining.

I strongly support increasing sales tax.
It's the fairest tax. Everyone has to pay it based on consumption.
It's also incredibly hard to avoid.

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Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde

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John Smith

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Re: Why should the rich not get more tax cuts?
Reply #16 - May 13^th, 2016 at 8:59am

Armchair_Politician wrote on May 13^th, 2016 at 6:22am:

Oh, you're so very wrong. Don't you remember what nearly everyone did with their $900 cheque's from Rudd (paid for out of borrowed money, by the way)? That's right, it either went into the bank as savings or was used to pay off bills. Virtually none of it went into buying a new TV or DVD player or computer or blender or clothes. It was saved or used to pay the rego.

geez you're an idiot ... using it to pay bills or rego etc IS putting it back into the economy ... the only ones putting it into savings were those that didn't need it, hence my point.

Thanks for proving it

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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: Why should the rich not get more tax cuts?
Reply #17 - May 13^th, 2016 at 9:00am

cods wrote on May 13^th, 2016 at 8:40am:

so if you were earning $79.000 a year and your next increase wopuld put you into the higher tax bracket....

where would that leave you???>.. would you knock back that promotion....because you would be working only for the govt???.

I've never met a single person who knocked back a pay rise because the govt. might take half .... this is a fallacy spewed out by the right wing nut jobs

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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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Bam

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Re: Why should the rich not get more tax cuts?
Reply #18 - May 13^th, 2016 at 9:11am

GordyL wrote on May 13^th, 2016 at 8:13am:

cods wrote on May 13^th, 2016 at 8:06am:

GordyL wrote on May 13^th, 2016 at 8:02am:

I heard an economist on ABC radio yesterday saying the bottom 3rd of the population pays just about no tax, even with GST when you factor in family benefits, medicare, education and pensions.

We most defiantly wasn't a righartd, his position was NOBODY pays enough tax to fund the handouts we're so accustomed to.

exactly.....when they are too gutless to raise the GST....... then we deserve what we get....the GST is about the only TAX that affects everyone the same...there is no distinction...

we are too stoooopid to see it.

I'm not into a GST increase. I think hitting the really high earners wold be a start, winding back fuel subsidies for mining.

Remove CGT concessions, cut back negative gearing, deep cuts to corporate welfare, abolish private health insurance rebate, abolish dividend imputation, cut tax concessions for self funded retirees. These and other similar measures are just welfare for the rich. As long as they are in place, the wealthy who do not use them are subsidising those who do. Cutting back these measures can raise funds that can be handed back to the wealthy in tax cuts (if affordable) and would simplify the tax system.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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Sir Grappler Truth Teller OAM

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Re: Why should the rich not get more tax cuts?
Reply #19 - May 13^th, 2016 at 10:05am

Because they've already got the sweet ride and in the main don't have to foot the bills for running their life the same as Jo and Joe Bloggs do. They don't pay for running their cars, their work, and everything else involved in the way they make their money, since they chop those out of 'taxable income', whereas Jo and Joe are deemed to have to run a car etc as simply part of their living expenses.

It is only meet then, M'Lod, that the rich accept that in order to fund their fair share of the taxation to run the country, they should pay a higher rate on their already highly subsidised income.....

Thanks for coming... hope you train up better for next week's game.....

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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 Grappler Truth Teller OAM

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Re: Why should the rich not get more tax cuts?
Reply #20 - May 13^th, 2016 at 10:08am

Armchair_Politician wrote on May 13^th, 2016 at 6:22am:

John Smith wrote on May 12^th, 2016 at 9:51pm:

it's not about the rich or poor (at least that's what the politicians tell us), it's about he economy

trickle down doesn't work

trickle up does

Give a rich person a tax cut, he may spend it, he may not ... 50/50 chance that if he does spend it, it'll go overseas

give a poor person a tax cut and you can guarantee he'll spend every last cent and contribute towards economic growth

Oh, you're so very wrong. Don't you remember what nearly everyone did with their $900 cheque's from Rudd (paid for out of borrowed money, by the way)? That's right, it either went into the bank as savings or was used to pay off bills. Virtually none of it went into buying a new TV or DVD player or computer or blender or clothes. It was saved or used to pay the rego.

All of which recycled it back into the tax cycle and thus supported the economy - one day you'll work out that every cent paid out here incurs tax of some kind, and the cycle is 100% OUT - 100% in at the end of the day, and the ONLY difference is the RATE at which the tax dollar is returned to the government, with the ONLY Black Holes being the money off-shored by companies and the rich.

Thank YOU for coming.... perhaps you, like Matty, can train up better for next week's round.....

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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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greggerypeccary

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Re: Why should the rich not get more tax cuts?
Reply #21 - May 13^th, 2016 at 10:12am

Armchair_Politician wrote on May 13^th, 2016 at 6:22am:

John Smith wrote on May 12^th, 2016 at 9:51pm:

it's not about the rich or poor (at least that's what the politicians tell us), it's about he economy

trickle down doesn't work

trickle up does

Give a rich person a tax cut, he may spend it, he may not ... 50/50 chance that if he does spend it, it'll go overseas

give a poor person a tax cut and you can guarantee he'll spend every last cent and contribute towards economic growth

Oh, you're so very wrong. Don't you remember what nearly everyone did with their $900 cheque's from Rudd (paid for out of borrowed money, by the way)? That's right, it either went into the bank as savings or was used to pay off bills. Virtually none of it went into buying a new TV or DVD player or computer or blender or clothes. It was saved or used to pay the rego.

Wrong again, Armpit.

"So far, the government has already hailed the payments as a big success.

"Some retailers have recorded bumper sales, with shoppers choosing to spend their stimulus payments on clothing and accessories.

"Retailers in Melbourne's city centre said sales had increased over the Easter weekend, with one woman buying $900 worth of clothing in one purchase." Link

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GOP = Guardians Of Paedophiles

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Sir Grappler Truth Teller OAM

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Re: Why should the rich not get more tax cuts?
Reply #22 - May 13^th, 2016 at 10:13am

cods wrote on May 13^th, 2016 at 8:40am:

GordyL wrote on May 13^th, 2016 at 8:13am:

cods wrote on May 13^th, 2016 at 8:06am:

GordyL wrote on May 13^th, 2016 at 8:02am:

I heard an economist on ABC radio yesterday saying the bottom 3rd of the population pays just about no tax, even with GST when you factor in family benefits, medicare, education and pensions.

We most defiantly wasn't a righartd, his position was NOBODY pays enough tax to fund the handouts we're so accustomed to.

exactly.....when they are too gutless to raise the GST....... then we deserve what we get....the GST is about the only TAX that affects everyone the same...there is no distinction...

we are too stoooopid to see it.

I'm not into a GST increase. I think hitting the really high earners wold be a start, winding back fuel subsidies for mining.

so if you were earning $79.000 a year and your next increase wopuld put you into the higher tax bracket....

where would that leave you???>.. would you knock back that promotion....because you would be working only for the govt???...

if you tax people to the point where they wont bother achieving......doesnt that defeat everything in the end..?

Nonsense, cods, you would only be paying a small proportion of your overall income at that higher rate - not the whole lot. You wouldn't be 'working to pay the government' at all, but would still be receiving the bulk of you income at the lower level and paying a few dollars more for the pittance at the top.

Hard life that.... great race the Liberals.... oh, what I'd give for a spit in the face like that over paying $20 more out of the five hundred I get extra... oh, yes.. regular jailer's pet, you are....

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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 Grappler Truth Teller OAM

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Re: Why should the rich not get more tax cuts?
Reply #23 - May 13^th, 2016 at 10:15am

John Smith wrote on May 13^th, 2016 at 9:00am:

cods wrote on May 13^th, 2016 at 8:40am:

so if you were earning $79.000 a year and your next increase wopuld put you into the higher tax bracket....

where would that leave you???>.. would you knock back that promotion....because you would be working only for the govt???.

I've never met a single person who knocked back a pay rise because the govt. might take half .... this is a fallacy spewed out by the right wing nut jobs

I didn't see Fat Joe suggesting he should take a pay cut that would revert him to the lower tax rate....... why would he when the perks are right there?

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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.”
― John Adams

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Sir lastnail Gold Member Offline Australian Politics Posts: 30900 Gender:	Re: Why should the rich not get more tax cuts? Reply #24 - May 13^th, 2016 at 10:40am Quote: Why should the rich not get more tax cuts? Because they don't need it
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Sir lastnail

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Re: Why should the rich not get more tax cuts?
Reply #25 - May 13^th, 2016 at 10:42am

Andrei.Hicks wrote on May 13^th, 2016 at 8:55am:

GordyL wrote on May 13^th, 2016 at 8:13am:

cods wrote on May 13^th, 2016 at 8:06am:

GordyL wrote on May 13^th, 2016 at 8:02am:

I heard an economist on ABC radio yesterday saying the bottom 3rd of the population pays just about no tax, even with GST when you factor in family benefits, medicare, education and pensions.

We most defiantly wasn't a righartd, his position was NOBODY pays enough tax to fund the handouts we're so accustomed to.

exactly.....when they are too gutless to raise the GST....... then we deserve what we get....the GST is about the only TAX that affects everyone the same...there is no distinction...

we are too stoooopid to see it.

I'm not into a GST increase. I think hitting the really high earners wold be a start, winding back fuel subsidies for mining.

I strongly support increasing sales tax.
It's the fairest tax. Everyone has to pay it based on consumption.
It's also incredibly hard to avoid.

and everyone consumes roughly the same amount of food then it effects poor people more. Not a great idea Sad

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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995

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BigOl64

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Re: Why should the rich not get more tax cuts?
Reply #26 - May 13^th, 2016 at 10:48am

Sir lastnail wrote on May 13^th, 2016 at 10:40am:

Quote:

Why should the rich not get more tax cuts?

Because they don't need it Wink

"They" I thought you were a successful businessman with a luxury car.

That would be "we" wouldn't it?

Let me answer that for you, no "we" don't need a tax cut, but fkk it, Ill take it anyway.

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Sir lastnail

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Re: Why should the rich not get more tax cuts?
Reply #27 - May 13^th, 2016 at 11:18am

BigOl64 wrote on May 13^th, 2016 at 10:48am:

Sir lastnail wrote on May 13^th, 2016 at 10:40am:

Quote:

Why should the rich not get more tax cuts?

Because they don't need it Wink

"They" I thought you were a successful businessman with a luxury car.

That would be "we" wouldn't it?

Let me answer that for you, no "we" don't need a tax cut, but fkk it, Ill take it anyway.

i don't believe I have ever said that but try again sucker Wink

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skippy.

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Re: Why should the rich not get more tax cuts?
Reply #28 - May 13^th, 2016 at 11:32am

cods wrote on May 13^th, 2016 at 8:06am:

GordyL wrote on May 13^th, 2016 at 8:02am:

I heard an economist on ABC radio yesterday saying the bottom 3rd of the population pays just about no tax, even with GST when you factor in family benefits, medicare, education and pensions.

We most defiantly wasn't a righartd, his position was NOBODY pays enough tax to fund the handouts we're so accustomed to.

exactly.....when they are too gutless to raise the GST....... then we deserve what we get....the GST is about the only TAX that affects everyone the same...there is no distinction...

we are too stoooopid to see it.

How does it affect everyone the same?
If you're on a pension, and from what you've written here over the years I expect you are, your disposable income is much less than mine.
So you are spending much more of your income on the GST than I am.
The GST doesn't bother me so much. I worry about how it bothers the likes of you and others like you on fixed low incomes.

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stunspore

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Re: Why should the rich not get more tax cuts?
Reply #29 - May 13^th, 2016 at 12:03pm

Andrei.Hicks wrote on May 13^th, 2016 at 8:55am:

GordyL wrote on May 13^th, 2016 at 8:13am:

cods wrote on May 13^th, 2016 at 8:06am:

GordyL wrote on May 13^th, 2016 at 8:02am:

I heard an economist on ABC radio yesterday saying the bottom 3rd of the population pays just about no tax, even with GST when you factor in family benefits, medicare, education and pensions.

We most defiantly wasn't a righartd, his position was NOBODY pays enough tax to fund the handouts we're so accustomed to.

exactly.....when they are too gutless to raise the GST....... then we deserve what we get....the GST is about the only TAX that affects everyone the same...there is no distinction...

we are too stoooopid to see it.

I'm not into a GST increase. I think hitting the really high earners wold be a start, winding back fuel subsidies for mining.

I strongly support increasing sales tax.
It's the fairest tax. Everyone has to pay it based on consumption.
It's also incredibly hard to avoid.

And to think this guy said he studied economics....

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