Diary of our stinking Govt.

[boris1gary]

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.

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.

[fourandsixpants]

Royal Commission into tax evasion a must

http://www.abc.net.au/news/2014-12-26/dunning-royal-commission-into-tax-evasion-a-must/5985834

In plain English, the Government has shelved very modest measures to close a handful of the tax loopholes described by the head of the Australian Tax Office (ATO) as "abused" to the tune of "hundreds of millions of dollars" each year by major corporations.

It gets worse: the Government is also proceeding with plans, announced in November, to cut 4700 staff from the ATO.

That's right.

At the same time the budget has fallen off a cliff and the scale of this tax rort begins to emerge, the Government's response is to make it even harder for the ATO to chase tax evaders.

It's clear this Government doesn't have the temperament or the inclination to take on the cigar chomping executives, preferring instead to go after the sick, the poor, the young and the old.

But there is one institution in Australia that has the power, the resources and the wherewithal to do a thorough job of it - what we need is :

a Royal Commission into corporate tax evasion.

.........maaaaaaate!!!!

[fourandsixpants]

In plain English, the Government has shelved very modest measures to close a handful of the tax loopholes described by the head of the Australian Tax Office (ATO) as "abused" to the tune of "hundreds of millions of dollars" each year by major corporations.

It gets worse: the Government is also proceeding with plans, announced in November, to cut 4700 staff from the ATO.

That's right.

At the same time the budget has fallen off a cliff and the scale of this tax rort begins to emerge, the Government's response is to make it even harder for the ATO to chase tax evaders.

It's clear this Government doesn't have the temperament or the inclination to take on the cigar chomping executives, preferring instead to go after the sick, the poor, the young and the old.

But there is one institution in Australia that has the power, the resources and the wherewithal to do a thorough job of it - what we need is :

a Royal Commission into corporate tax evasion.

[fourandsixpants]

In the run up to the G20 Joe Hockey was loudly trying to convince his international peers to tackle this wide-ranging tax evasion head on.

But buried on page 117 of last week's MYEFO was the statement:

The government will not proceed with a targeted anti-avoidance provision to address certain 'conduit' arrangements involving foreign multinational enterprises, first announced in the 2013-14 MYEFO.

In plain English, the Government has shelved very modest measures to close a handful of the tax loopholes described by the head of the Australian Tax Office (ATO) as "abused" to the tune of "hundreds of millions of dollars" each year by major corporations.

[debra9275]

Paints the only article I could find about Ms Reins business avoiding tax that wasnt published by the  Murdoch Press ( who have always been out to demonize Rudd & Gillard)

was this one

http://news.smh.com.au/national/rein-denies-underpaying-british-staff-20070926-10wz.html

was she ever charged, I don't think so as i never heard any more about it

[fourandsixpants]

stick that in yer saddle bags....if ya can reach them......

[aps1080]

Paint

The possible areas for tightening were identified by labor and had 6 years in office to do something about it but didnt.

Yet you lay th blame at the lnp.

Labor probably didnt do anything because rudds wife was obviously benefitting so much.

But you wouldnt post hat would you ?

What about Richo, keating and his 4 million windfall ?


I is not tax avoidance, it is tax minimisation by claiming deductions.
Everyone claims deductions on their tax.

I am sure you do. All labors mates do, taking full provision of all the laws.

What is wrong with claiming deductions as an input to earning income ???

Please tell.

[li.vish]

Hi everyone, the discussion is getting a little heated.  Please be sure to keep your communications civil.  Thanks!

[icyfroth]

Are you feeling sufficiently intimidated

by the big font yet Aps?

LOLOLOLOL!

___________________

sheesh what a space-out!

[fourandsixpants]

Treasurer Joe Hockey has broken a pledge to impose tough new tax avoidance rules on multinational companies that shift billions of dollars in profits between Australia and their international subsidiaries.

The practice of global corporations loading up subsidiaries with debt and then claiming relief from the Australian tax man on the interest paid gives an "unfair competitive advantage" over local rivals, Treasury said in 2013

.

"When some taxpayers avoid or minimise their tax in a sustained way, the tax burden eventually falls more heavily on other taxpayers," a Treasury issues paper found at the time.

The Gillard government announced the abolition of deductions under section 25-90 of the Income Tax Assessment Act 1997 as part of a package to combat tax minimisation by global corporations, at a projected benefit to the taxpayer of $600 million.

http://www.smh.com.au/federal-politics/political-news/hockey-backflips-on-tax-laws-to-target-multina...

[aps1080]

Icy

I am cowering in the corner, petrified by the big font used. LOL

I suppose this lot would be against negative gearing as well.

Paint
I drink about a litre of milk a day, sometimes 2 litres.