on 21-08-2014 02:05 PM
ARE YOU ONE OF AUSTRALIA’S 10 MILLION WORKING TAXPAYERS ?
IF SO, PLEASE PAY $1,200 IN EXTRA TAXES EVERY YEAR JUST TO PAY THE INTEREST ON LABOR’S DEBT.
(Personally I would prefer the left and labor voters to pay this debt)
In 2007, when Labor came to power, the Australian Government was COLLECTING more than $1 billion a year in net interest payments on the back of a positive net asset position created by the previous Coalition Government.
Now, we are forced to pay $1 billion a month in interest payments just to service all the debt accumulated by the previous Labor government.
That is means for every one of about 10 million working taxpayers across Australia has to pay about $100 in tax each and every month, or about $1,200 in tax every year, JUST to pay the interest on Labor’s debt
Solved! Go to Solution.
on 24-08-2014 11:26 AM
In any case, the co-payment will do nothing for health care, it will cost in administration, and in the end there will be nothing to show for it. Just as the Howard's handout to people who took private insurance; it only increased profit for the funds. If the money was put directly into public hospitals, it would actually do something for our health system.
Th cost of dealing with the fallout if this budget gets passed will end up costing lot more not just in monetary terms but long term social cost.
Unemployed people with no income, or income too low to afford accommodating will become homeless, and there is no way you can get a job if you sleep rough. So, what will people do? They will turn to crime or prostitution. So, better start building more prisons to accommodate all these crims we are going to be creating. That adds up just great; instead of paying young person $12 000p/a dole, we will fork out $100 000p/a for their imprisonment, not to mention how much building of the facility would cost. Instead of employing more teachers and nurses, we will need more prison guards. great society we are heading for 😞
on 24-08-2014 12:26 PM
Like I’ve previously, said I don’ believe in money tree economics and as such, I accept that, a country, any country, including ours, must live within its means. What I don’t accept is that the only way to achieve that is by targeting the most venerable
It also make me laugh when people start singing the same old “its all Labour’s fault’ song, especially when a lot of the benefits being complained about now were in fact introduced by the Howard Government to buy votes using revenue obtained from the mining boom, a boom which everyone knew, like every other boom, was going to, at some time, bust.
Then of course there would have been little, if any, need for all of these now ‘onerous’ entitlements, if it hadn’t been for the cost of living blowouts directly attributable to then Howard forced selloff of essential services.
But what makes the hackles really rise is when those who beat the “age of entitlement must come to an end” drum the loudest, also have the hide to brag about how much their investment portfolio has improved because of privatisation, with little, if any, empathy for the majority who were harmed by it.
24-08-2014 04:47 PM - edited 24-08-2014 04:49 PM
on 24-08-2014 05:07 PM
on 24-08-2014 05:15 PM
Nero, Feeding chooks is a waste of time. The little bubble of leftists on here say the same thing no matter what is served up to them.
Squawk and peck day in day out.
I know what you are getting at and the 1 billion a month is real even if they won't see it they will pay for it.
on 24-08-2014 06:02 PM
Of-course, those who think it is a good idea to bring large number of our population below poverty level, conveniently forget that as people are reduced to that level they have nothing to spend, and who will then feel it most? First it will be the retailers & cafes and restaurants, then people who own investment properties in the low rent market will find out that their tenants cannot afford the rent anymore. And even doctors; if people who cannot afford the co-payment will not seek help, or go straight to the outpatient. And Australia will spiral down further and further. Austerity measures in Europe did not work and will not work here.
Actually, those "handout" are there to top up low wages (=subsidy for employers) and to keep many businesses going. If people do not have money to spend, the whole economy will be going down, and that means less taxes going back to the government.
LNP has already managed to double the debt - in only 6 months!!!
24-08-2014 06:10 PM - edited 24-08-2014 06:11 PM
@waterlilycat wrote:Nero, Feeding chooks is a waste of time. The little bubble of leftists on here say the same thing no matter what is served up to them.
Squawk and peck day in day out.
I know what you are getting at and the 1 billion a month is real even if they won't see it they will pay for it.
Yep I agree with you WLC....
and this is whats happeing in this country, and we see it everyday on here as well.....
Yep
on 24-08-2014 06:15 PM
nerowulf, must be a terrible place where you live, how sad to have over 50% unemployment, you should ring tony and ask him about some of those 1 million jobs - what an outrage, ring alan jones, he'll help. Surely more people could shovel stuff like that one in your pic.
on 24-08-2014 06:19 PM
on 24-08-2014 07:20 PM
maybe nerowulfs pic meant the senate, they vote for a living - but the one drinking looks just like that NSW liberal who was busted drunk on the job, Finance minister pearce, another one sacked.