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Not Time For More Tax Cuts (Read 1664 times)
Bam
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Re: Not Time For More Tax Cuts
Reply #15 - Mar 19th, 2019 at 7:57pm
 
Captain Nemo wrote on Mar 19th, 2019 at 6:26pm:
What needs to happen is for the unemployment pool to be soaked up.

Then market forces kick in.

Mark my words, if this across the board pay rise happens, the unemployment numbers will go up.  Sad

That's just conservative mythology with no basis in fact.
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Re: Not Time For More Tax Cuts
Reply #16 - Mar 19th, 2019 at 8:17pm
 
goldkam wrote on Mar 19th, 2019 at 6:37pm:
whiteknight wrote on Mar 19th, 2019 at 6:14pm:
Well said Cassandra Goldie.  Yes tax cuts are not the answer.  The minimum wage needs to increase.  People need a living wage.  Newstart should be boosted.  Its been far too long since the unemployed had a fair increase.   Sad          


Tax Cuts should and can occur concurrently with wage rises...it is not a matter of one or the other. Tax Cuts are the answer to ensuring that every single person keeps more of the money that they earn. Labour are increasing taxes....Liberals are decreasing taxes.

Liberals are increasing privatised taxes. Privatisation for profit always costs more than a not-for-profit government service.

As for taxes, a Liberal government last made a unilateral increase to the tax-free threshold in 1978. So much for the lie that the Liberals are for lower taxes. They aren't.

(The increase to the TFT in 2000 doesn't count because little Johnny was giving with one hand and taking via the GST with the other.)

goldkam wrote on Mar 19th, 2019 at 6:37pm:
Minimum Wages need an increase but to to the point where it is a disincentive for businesses to employ and possible lay off people.

The money spent on increased wages doesn't leave the economy. It gets spent. Who benefits from this spending? Businesses.

The proposal to lift the minimum wage by 6% isn't onerous. It is handing to low-paid workers some of the pay increases they should have gotten over the last 30 years but weren't given for various reasons. The difference between the minimum wage and the median wage has widened in that time and a 6% increase would go some way towards correcting this.

goldkam wrote on Mar 19th, 2019 at 6:37pm:
Welfare support (for those able to get a job) must not be the primary focus rather job opportunities and job training must. We cannot continue to live in a society where welfare contributions by the Government is increasing at a level it is. It increased from 117 billion in 2006 to 157 billion in 2016. Where is the line drawn?

I acknowledge some individual are unable to get a job for various reasons, but those who can should not becoming welfare dependent. I agree with Liberals when they state the best welfare is a job...not welfare dependency. It is through the appropriate training, assistance and support this can be occurring.

You're ignoring the elephant. The economy has had chronic high unemployment for over 40 years. Until the high unemployment is brought down to more sensible levels - in the 1% to 2% range - there will always be workers without jobs. Blaming the jobless for not having jobs is just blaming the victims for the misdeeds of others.

Furthermore, the economy is constrained by excessive red tape, compliance, penalties and taxes that hinder labour mobility within Australia. Cutting this burdensome red tape and giving workers more freedom to relocate within Australia for work would do a lot to free up the Australian labour market.

And if the Liberals are so keen on Australians jobs, why did they sign so-called free trade agreements that gave a dozen countries the right to send workers to Australia without a single one of those countries giving reciprocal rights to Australian workers?
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Re: Not Time For More Tax Cuts
Reply #17 - Mar 19th, 2019 at 8:22pm
 
crocodile wrote on Mar 19th, 2019 at 7:00pm:
Dnarever wrote on Mar 19th, 2019 at 6:42pm:
We never recovered from the unafordable Howard tax cuts, It put us into deficit for over 15 years.

Deficits are good.

As long as they are sustainable.
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stunspore
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Re: Not Time For More Tax Cuts
Reply #18 - Mar 20th, 2019 at 4:12pm
 
But it is time for election bribes.
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crocodile
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Re: Not Time For More Tax Cuts
Reply #19 - Mar 21st, 2019 at 11:33pm
 
Captain Nemo wrote on Mar 19th, 2019 at 5:35pm:
They would say that, wouldn't they?

Problem remains .... there would be an increase in the unemployment figures if that was brought in.





It can but not always. Raising the minimum wage mostly shifts employment to more skilled workers and displaces unskilled and youth workers. The actual unemployment numbers may not change much.

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Very funny Scotty, now beam down my clothes.
 
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crocodile
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Re: Not Time For More Tax Cuts
Reply #20 - Mar 21st, 2019 at 11:35pm
 
goldkam wrote on Mar 19th, 2019 at 6:37pm:
whiteknight wrote on Mar 19th, 2019 at 6:14pm:
Well said Cassandra Goldie.  Yes tax cuts are not the answer.  The minimum wage needs to increase.  People need a living wage.  Newstart should be boosted.  Its been far too long since the unemployed had a fair increase.   Sad          


Tax Cuts should and can occur concurrently with wage rises...it is not a matter of one or the other. Tax Cuts are the answer to ensuring that every single person keeps more of the money that they earn. Labour are increasing taxes....Liberals are decreasing taxes.

Minimum Wages need an increase but to to the point where it is a disincentive for businesses to employ and possible lay off people.

Welfare support (for those able to get a job) must not be the primary focus rather job opportunities and job training must. We cannot continue to live in a society where welfare contributions by the Government is increasing at a level it is. It increased from 117 billion in 2006 to 157 billion in 2016. Where is the line drawn?

I acknowledge some individual are unable to get a job for various reasons, but those who can should not becoming welfare dependent. I agree with Liberals when they state the best welfare is a job...not welfare dependency. It is through the appropriate training, assistance and support this can be occurring.


Corporate taxes need to come down. Personal income taxes can probably stay where they are.
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Very funny Scotty, now beam down my clothes.
 
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crocodile
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Re: Not Time For More Tax Cuts
Reply #21 - Mar 21st, 2019 at 11:38pm
 
Bam wrote on Mar 19th, 2019 at 7:57pm:
Captain Nemo wrote on Mar 19th, 2019 at 6:26pm:
What needs to happen is for the unemployment pool to be soaked up.

Then market forces kick in.

Mark my words, if this across the board pay rise happens, the unemployment numbers will go up.  Sad

That's just conservative mythology with no basis in fact.

Unfortunately, that is bullshit. Sometimes unemployment may not change. Sometimes it does.
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Very funny Scotty, now beam down my clothes.
 
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crocodile
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Re: Not Time For More Tax Cuts
Reply #22 - Mar 21st, 2019 at 11:45pm
 
Bam wrote on Mar 19th, 2019 at 8:17pm:
goldkam wrote on Mar 19th, 2019 at 6:37pm:
whiteknight wrote on Mar 19th, 2019 at 6:14pm:
Well said Cassandra Goldie.  Yes tax cuts are not the answer.  The minimum wage needs to increase.  People need a living wage.  Newstart should be boosted.  Its been far too long since the unemployed had a fair increase.   Sad          


Tax Cuts should and can occur concurrently with wage rises...it is not a matter of one or the other. Tax Cuts are the answer to ensuring that every single person keeps more of the money that they earn. Labour are increasing taxes....Liberals are decreasing taxes.

Liberals are increasing privatised taxes. Privatisation for profit always costs more than a not-for-profit government service.

As for taxes, a Liberal government last made a unilateral increase to the tax-free threshold in 1978. So much for the lie that the Liberals are for lower taxes. They aren't.

(The increase to the TFT in 2000 doesn't count because little Johnny was giving with one hand and taking via the GST with the other.)

goldkam wrote on Mar 19th, 2019 at 6:37pm:
Minimum Wages need an increase but to to the point where it is a disincentive for businesses to employ and possible lay off people.

The money spent on increased wages doesn't leave the economy. It gets spent. Who benefits from this spending? Businesses.

Without productivity gains, wages are pareto efficient. The effect on overall spending is zero. Shifting money between pockets doesn't make more of it.


The proposal to lift the minimum wage by 6% isn't onerous. It is handing to low-paid workers some of the pay increases they should have gotten over the last 30 years but weren't given for various reasons. The difference between the minimum wage and the median wage has widened in that time and a 6% increase would go some way towards correcting this.

6% may not be a big deal overall but it will certainly displace the unskilled and youth worker in favour of more skilled workers. It is detrimental to these people and only helps the ones that haven't been marched. The only workable solution is to fix the cause of the problem rather than the effect.


goldkam wrote on Mar 19th, 2019 at 6:37pm:
Welfare support (for those able to get a job) must not be the primary focus rather job opportunities and job training must. We cannot continue to live in a society where welfare contributions by the Government is increasing at a level it is. It increased from 117 billion in 2006 to 157 billion in 2016. Where is the line drawn?

I acknowledge some individual are unable to get a job for various reasons, but those who can should not becoming welfare dependent. I agree with Liberals when they state the best welfare is a job...not welfare dependency. It is through the appropriate training, assistance and support this can be occurring.

You're ignoring the elephant. The economy has had chronic high unemployment for over 40 years. Until the high unemployment is brought down to more sensible levels - in the 1% to 2% range - there will always be workers without jobs. Blaming the jobless for not having jobs is just blaming the victims for the misdeeds of others.

1 to 2%. You're on bi-polar drugs again.


Furthermore, the economy is constrained by excessive red tape, compliance, penalties and taxes that hinder labour mobility within Australia. Cutting this burdensome red tape and giving workers more freedom to relocate within Australia for work would do a lot to free up the Australian labour market.

And if the Liberals are so keen on Australians jobs, why did they sign so-called free trade agreements that gave a dozen countries the right to send workers to Australia without a single one of those countries giving reciprocal rights to Australian workers?

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Very funny Scotty, now beam down my clothes.
 
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philperth2010
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Re: Not Time For More Tax Cuts
Reply #23 - Mar 22nd, 2019 at 12:06am
 
With most other G20 nations having a lower Corporate tax rate it is inevitable Australia will have to lower it's rate to attract investment....The question is when, by how much and over what time frame???

Huh Huh Huh

https://tradingeconomics.com/country-list/corporate-tax-rate?continent=g20
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If knowledge can create problems, it is not through ignorance that we can solve them.
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Re: Not Time For More Tax Cuts
Reply #24 - Mar 22nd, 2019 at 11:08am
 
crocodile wrote on Mar 21st, 2019 at 11:45pm:
Bam wrote on Mar 19th, 2019 at 8:17pm:
The economy has had chronic high unemployment for over 40 years. Until the high unemployment is brought down to more sensible levels - in the 1% to 2% range - there will always be workers without jobs. Blaming the jobless for not having jobs is just blaming the victims for the misdeeds of others.

1 to 2%. You're on bi-polar drugs again.

Personal attacks because you don't know your history? That's not going to convince anyone.

The average unemployment rate between 1952 and 1972 was 1.2%. Inflation was around 3.0%. Source: ABS.

The Coalition almost lost government in 1961 - they held on by about 120 votes on preferences in the deciding seat - because they allowed unemployment to spike to 2%.

This is what real full employment looks like - not the goalpost-moving 5% crap the neoliberals foisted on us.

Why shouldn't we try to get unemployment down to 2% again? It's not going to hurt the economy, despite ideological assertions to the contrary perpetuated by neoliberals.
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crocodile
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Re: Not Time For More Tax Cuts
Reply #25 - Mar 22nd, 2019 at 11:21am
 
Bam wrote on Mar 22nd, 2019 at 11:08am:
crocodile wrote on Mar 21st, 2019 at 11:45pm:
Bam wrote on Mar 19th, 2019 at 8:17pm:
The economy has had chronic high unemployment for over 40 years. Until the high unemployment is brought down to more sensible levels - in the 1% to 2% range - there will always be workers without jobs. Blaming the jobless for not having jobs is just blaming the victims for the misdeeds of others.

1 to 2%. You're on bi-polar drugs again.

Personal attacks because you don't know your history? That's not going to convince anyone.

The average unemployment rate between 1952 and 1972 was 1.2%. Inflation was around 3.0%. Source: ABS.

The Coalition almost lost government in 1961 - they held on by about 120 votes on preferences in the deciding seat - because they allowed unemployment to spike to 2%.

This is what real full employment looks like - not the goalpost-moving 5% crap the neoliberals foisted on us.

Why shouldn't we try to get unemployment down to 2% again? It's not going to hurt the economy, despite ideological assertions to the contrary perpetuated by neoliberals.


And what was the participation rate in the '50s and '60s. You may as well compare apples with goat's balls.

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Very funny Scotty, now beam down my clothes.
 
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