Diary of our stinking Govt.

As it's more than 100 days now, it has been suggested that a new thread was needed.  The current govt has been breaking promises and telling lies at a rate so fast it's hard to keep up.Woman Happy

 

This below is worrying, "independent" pffft, as if your own doctor is somehow what? biased, it's ridiculous. So far there is talk of only including people under a certain age 30-35, for now. Remember that if your injured in a car, injured at work or get ill, you too might need to go on the DSP. They have done a similar think in the UK with devastating consequences.

 

and this is the 2nd time recently where the Govt has referred to work as welfare???? So when you go to work tomorrow (or tuesday), just remember that's welfare.

 

http://www.abc.net.au/news/2014-04-20/disability-pensioners-may-be-reassessed-kevin-andrews/5400598

 

Independent doctors could be called in to reassess disability pensioners, Federal Government says

 

The Federal Government is considering using independent doctors to examine disability pensioners and assess whether they should continue to receive payments.

 

Currently family doctors provide reports supporting claims for the Disability Support Pension (DSP).

But Social Services Minister Kevin Andrews is considering a measure that would see independent doctors reassess eligibility.

 

"We are concerned that where people can work, the best form of welfare is work," Mr Andrews said at a press conference.

 

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"Firstly these are old stats monman. 2010-2011?.....does not allow for all those that have been made redundant in both private and public service sectors."

 

That is a silly  reply,  as the proportions have not varied in a meaningful terms for some years, and if you bothered to think you would realise that an increased pool of: unemployed would  make your assertion(s) nonsensical.

 

Australian 2013

ALMOST 13 million Australians file a tax return each year, but only the top fifth of households really contribute to Australia's vast and complex social-security apparatus.

 

More to your liking (I doubt it)" but applicable here!

 

March 01, 2014

THE degree of ignorance about the distribution of tax across households is remarkable, especially given that the truth is so easily and freely accessible

 

The Left typically tries to create the impression the “rich” aren’t paying their “fair share”. Consider former treasurer Wayne Swan’s attacks on “mining billionaires” and welfare groups’ continual prattling about the financial benefit of concessional super taxation to high-income earners.

The Right, meanwhile, evokes the ordinary, “battling” taxpayer, whose hard-won earnings, so the argument goes, are siphoned off to pay for inefficient or ineffective government programs.

But the overwhelming bulk of people in Australia pay no net tax at all. High-income earners have become a giant pinata that the majority hit for extra money to pay for whatever new social spending programs the political class proposes to stay in office.

 

Put simply, only the top fifth of households paid any tax. The bottom 6.9 million households, while often incurring income tax liabilities and regularly paying GST, received more in cash welfare and services than they paid in.

 

Digest that current data with some cocoa.

 

Myopic Tongues2 Small.jpg

 

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Old and insignificant info monman as it is 2014 and a new era according to Mr AbbittsMissing, Mr Hockit, Mr TrussedOut and AbetzAreOff.....and your comment ref. 'digest that .....with some cocoa' is irrelevant too! It's breakfast time now- I never have cocoa for breakfast.

 

I appreciate the percentile chat and comparisons of lower earners to higher earners and how welfare payments received can be shown to offset any tax paid......but on reading your speel one gets the feeling that you approve of high earners and not of lower earners.......is this purely based on your calculations that lower earners should be spurned because they don't pay as much tax? This is just plain dumb.

 

A days work is a days work.The more you earn the more tax you pay. A rate of pay is a different topic but definitely related. Education and training cost a lot of time and money and only available to some. Silver spooned types would not appreciate this.

 

Quality production of goods and services and quality value adding is the key for a richer, wealthier, sustainable and kick butt Australia ...not how much the top percentiles paid in taxes for 'imaginery' things, that their overpaid tax consultants conjured up in their clients income tax assessments. 

 

 

* sheesh!............

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Currently, if an individual earns more than $18,200 pa they are required to pay income tax on earning in excess of that amount.

 

Now if I understand you correctly you are saying that 60% of household pay no net tax all.

 

So does that not mean that all individuals in that household are earning $18,200 or less pa, which is, as I understand it, well below the poverty line in a country where average weekly earnings (per working individual) are now in excess $52000 pa.

 

So, if that’s the case, then are you not saying that 60% of Australian who are on or below the poverty line, should now be required to pay tax so that those who are earning more can pay less

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He probably is LOL!.....but most probably won't admit to it......then there'll be a graph .....from 1876 to show how many people profited from selling cavier compared to those who survived on bread and dripping.

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He also doesn't take into account the OTT amount some of the top earners make compared to others. Nobody works "hard" enough to justify $1000 or more per hour to sit on a board.   

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@monman12 wrote:

 

Put simply, only the top fifth of households paid any tax. The bottom 6.9 million households, while often incurring income tax liabilities and regularly paying GST, received more in cash welfare and services than they paid in.

 

 


Most people are not negative tax payers for ever. While they have children in child care they might get more cash back but that is a temporary stage that usually follows years of paying out more than is returned and is followed by the same.

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Capital Gains Tax Rate for 2013 and 2014:   58% Increase for Top Earners

 

http://www.dailyfinance.com/2014/03/29/capital-gains-tax-rate-for-2013-and-2014-58-increa/

 

....another example

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Many top earners cram their profit making ventures e.g. property port folios....into their SMSF arena.

 

So they can 'avoid' paying tax.....legally

 

.....a terrific 'loophole' if you can get the gig I guessSmiley LOL

 

 

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I'd be interested in the cost of Abbott's stunt trip to Europe.

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He went to save the Scots from making the biggest mistake ever.  

http://www.skynews.com.au/news/politics/world/2014/08/16/abbott-urges-scots-to-stay-in-uk.html

 

'I think that the people who would like to see the break-up of the United Kingdom are not the friends of justice, the friends of freedom, and the countries that would cheer at the prospect ... are not the countries whose company one would like to keep.'

 

 

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