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A possible solution for cost of living? (Read 372 times)
Daves2017
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A possible solution for cost of living?
May 5th, 2025 at 8:59pm
 
I’m unsure if payroll tax is a state or federal tax? I believe it’s absolutely pointless tax and I suggest if Albo done away with it then the costs of goods and services might retreat a little?

Am I wrong?
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After weeks of poor press regarding Albo ( and Scomo) poor management of fuel reserves and desperate for a major distraction.
Federal Police arrest Ben ( war criminal) Smith.
What Amazing timing?
 
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Dnarever
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Re: A possible solution for cost of living?
Reply #1 - May 5th, 2025 at 9:08pm
 
Quote:
It's a state tax used to pay for health, police, Transport and other state services. The annual tax-free threshold (NSW) is $1.2 Million of wages.


It only applies to moderately bigger businesses with a number of employees. The rate is about 5% above the threshold. In NSW the first $1.2Mill is free then 5% on what is above that.

Maybe not the worst tax. Remove it and the average taxpayer will need to pay more to support schools, transport, hospitals etc.

Bottom line is that remove it and me and you pay higher taxes while business owners and executives can buy a new yacht or Ferrari. 

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« Last Edit: May 5th, 2025 at 9:15pm by Dnarever »  
 
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Daves2017
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Re: A possible solution for cost of living?
Reply #2 - May 5th, 2025 at 9:26pm
 
Ok, scratch that one.

I guess we can revisit the mining resources tax but that’s only going help government hopefully help us?

How can we combat prices directly?

Lower registration tax ?

How can we make the costs of doing business cheaper?
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After weeks of poor press regarding Albo ( and Scomo) poor management of fuel reserves and desperate for a major distraction.
Federal Police arrest Ben ( war criminal) Smith.
What Amazing timing?
 
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John Smith
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Re: A possible solution for cost of living?
Reply #3 - May 5th, 2025 at 9:29pm
 
Daves2017 wrote on May 5th, 2025 at 9:26pm:
Ok, scratch that one.

I guess we can revisit the mining resources tax but that’s only going help government hopefully help us?

How can we combat prices directly?

Lower registration tax ?



All our resources should be govt owned. Any company that wants to mine or drill for those resources should only get 50% of their value. The rest going to govt coffers. A resource rich country like ours, we would probably be able do away with most income tax and still have more then enough to pay for all our services
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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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Frank
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Re: A possible solution for cost of living?
Reply #4 - May 5th, 2025 at 10:45pm
 
John Smith wrote on May 5th, 2025 at 9:29pm:
Daves2017 wrote on May 5th, 2025 at 9:26pm:
Ok, scratch that one.

I guess we can revisit the mining resources tax but that’s only going help government hopefully help us?

How can we combat prices directly?

Lower registration tax ?



All our resources should be govt owned. Any company that wants to mine or drill for those resources should only get 50% of their value. The rest going to govt coffers. A resource rich country like ours, we would probably be able do away with most income tax and still have more then enough to pay for all our services

Mining Industry’s Record-Breaking Tax Contribution Builds Australia’s Future
Tania Constable, Chief Executive Officer

01 November 2024

The latest ATO Corporate Tax Transparency Report shows that Australia’s mining industry continues to be the nation’s biggest taxpayer, paying $43.1 billion in company tax for 2022-23 and highlighting the crucial role mining plays in keeping our economy strong and funding the essential services that Australians rely on every day.

In 2022-23, the mining sector not only led the nation in tax contributions, increasing its payments from the previous year, but also paid a combined $74.6 billion in company tax and royalties, including $31.5 billion in royalties alone.

This record tax contribution marks the second consecutive year the sector has paid more in tax than all other industries combined.

Mining companies make up more than half of Australia’s top 20 largest taxpayers, with Rio Tinto, BHP, and Glencore taking the top three spots. In 2022-23, the sector accounted for approximately 44% of tax paid by large corporate entities, according to the ATO report.

This means reliable funding for the NDIS, schools, roads, aged care, hospitals, and Australia’s national security, including the AUKUS submarine program.

The industry also continues to pay the highest average wages and plays a vital role in supporting communities across Australia – backing 1.1 million jobs in the mining sector and its supply chains. From hospitals to highways, a strong mining industry means a strong and secure future for all Australians.

Since 2014-15, mining has increased its tax payments fivefold, illustrating the industry’s unwavering commitment to powering Australia’s future.

This growth reflects strong export demand for Australian resources, a clear reminder that we should be backing new mining projects – not holding them back with red tape and drawn-out approvals.
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Estragon: I can’t go on like this.
Vladimir: That’s what you think.
 
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Frank
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Re: A possible solution for cost of living?
Reply #5 - May 5th, 2025 at 10:47pm
 
Daves2017 wrote on May 5th, 2025 at 8:59pm:
I’m unsure if payroll tax is a state or federal tax? I believe it’s absolutely pointless tax and I suggest if Albo done away with it then the costs of goods and services might retreat a little?

Am I wrong?

It is ridiculous to tax business for employing people, which is what payroll tax is.
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Estragon: I can’t go on like this.
Vladimir: That’s what you think.
 
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Sir Grappler Truth Teller OAM
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Re: A possible solution for cost of living?
Reply #6 - May 5th, 2025 at 10:54pm
 
John Smith wrote on May 5th, 2025 at 9:29pm:
Daves2017 wrote on May 5th, 2025 at 9:26pm:
Ok, scratch that one.

I guess we can revisit the mining resources tax but that’s only going help government hopefully help us?

How can we combat prices directly?

Lower registration tax ?



All our resources should be govt owned. Any company that wants to mine or drill for those resources should only get 50% of their value. The rest going to govt coffers. A resource rich country like ours, we would probably be able do away with most income tax and still have more then enough to pay for all our services


Got it!  Stick to what you know and understand - leave the spirits in the bottle...

Take back the farm - Australian resources are Australian .. not property of some Outlander hiding in a tax haven making billions out of what Australia is apparently incapable of doing for itself.

All this country seems to be good for is to play Divide and Die, and act as if it is the testing ground - ground zero - for every loopy social science idea that any moron on Earth comes up with.
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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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Daves2017
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Re: A possible solution for cost of living?
Reply #7 - May 5th, 2025 at 11:02pm
 
The little I know is it’s a war tax of some sort to punish people for not joining the army.

It makes no sense to me why a business must pay another tax because they help their community by employing someone .

We need direct action to bring down costs of living and increase gainful empowerment.

All these cafes tittering on the bridge of shutting up and battling on employing each a dozen souls.

Why must they pay a tax, levy, too local government for the grand right to allow people to eat on the sidewalk outside their business?

The red tap comes with business it’s the addition of local, state, government taxes and fees and levies that are ruining them!

Not everyone is related to someone in the public service and can obtain a job there more don’t want to work for government.
Anyway, blah. I fall on deaf ears I assume 😞
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After weeks of poor press regarding Albo ( and Scomo) poor management of fuel reserves and desperate for a major distraction.
Federal Police arrest Ben ( war criminal) Smith.
What Amazing timing?
 
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Daves2017
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Re: A possible solution for cost of living?
Reply #8 - May 5th, 2025 at 11:20pm
 
A mining or resource tax could be achieved in under twelve months if Albo is serious.

I have no issue with the concept my only real concern is it just means another tax .

We may have a trickle down effect after every public servant is employed to make decisions on how it’s best spent so unless they go way out there and promised it to the states to fund all healthcare ( which it would go close too achieving) it’s just going get eaten up in public servants salaries before it’s applied to the people.

Albo would best use a bullet vest, Gina and Clive would NOT BE HAPPY 😆
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After weeks of poor press regarding Albo ( and Scomo) poor management of fuel reserves and desperate for a major distraction.
Federal Police arrest Ben ( war criminal) Smith.
What Amazing timing?
 
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Leroy
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Re: A possible solution for cost of living?
Reply #9 - May 5th, 2025 at 11:35pm
 
Stop buying cheap goods from other countries, its so simple.

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Daves2017
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Re: A possible solution for cost of living?
Reply #10 - May 5th, 2025 at 11:44pm
 
Leroy wrote on May 5th, 2025 at 11:35pm:
Stop buying cheap goods from other countries, its so simple.


We need….tariffs?

That’s not going be Albo style.

We have to find away too directly reduced cost of living pressures.

I’ll throw this out there-

Increase negative gearing benefits?
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After weeks of poor press regarding Albo ( and Scomo) poor management of fuel reserves and desperate for a major distraction.
Federal Police arrest Ben ( war criminal) Smith.
What Amazing timing?
 
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Jasin
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Re: A possible solution for cost of living?
Reply #11 - May 5th, 2025 at 11:49pm
 
We need to put large tariffs on all importing countries.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Leroy
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Re: A possible solution for cost of living?
Reply #12 - May 5th, 2025 at 11:55pm
 
Daves2017 wrote on May 5th, 2025 at 11:44pm:
Leroy wrote on May 5th, 2025 at 11:35pm:
Stop buying cheap goods from other countries, its so simple.


We need….tariffs?

That’s not going be Albo style.

We have to find away too directly reduced cost of living pressures.

I’ll throw this out there-

Increase negative gearing benefits?


If you are spending too much then getting a bigger credit card is not the answer, rearranging you bank accounts will not solve the problem. You need to take your medicine.
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Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"
 
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John Smith
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Re: A possible solution for cost of living?
Reply #13 - May 6th, 2025 at 7:22am
 
Frank wrote on May 5th, 2025 at 10:45pm:
The latest ATO Corporate Tax Transparency Report shows that Australia’s mining industry continues to be the nation’s biggest taxpayer, paying $43.1 billion in company tax for 2022-23 and highlighting the crucial role mining plays in keeping our economy strong and funding the essential services that Australians rely on every day.



and? It's a mere fraction of what they should be paying
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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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