for the first time in years the cash cow.....me......single, no kids hasn't been spanked.
and i will be paying less for your kids......you know the ones that you decided to have not me.
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You have not paid one cent towards my children. I have raised five children on my own and four stepchildren. All without Baby Bonus or Childcare Allowances and a misery 50cent a fortnight for Child Endowment. All of them working in well paid jobs. Seven Grandchildren also working in full time jobs.
All of them pay taxes. One of my sons pays four times the amount in taxes than what I receive on pension. How much the others pay I do not know, because I never ask. Now my grandchildren and my greatgrandchildren will pay taxes to subsidise your needs in old age. Self funded retiree or not. Your health insurance will slug you for part of every treatment you may need in future. Future Governments will change the rules acording to their way of grabbing money you worked so hard for and saved.
My husband and I worked and paid taxes for more than 50 years, with the promise from the Government of those days that part of our taxes are marked for our pension.
Now Joe Hockey and Tony Abbott decide that we are not entitled to that payment and are going to rip out of our meagre life whatever they can.
Budget 2014-05-20
The following is for anyone of retiring age ( pensioners and self-funded retirees) or those that have parents/in-laws that are retired.
I know a lot of aged pensioners here (NSW) take advantage of the travel discount.. they can travel on the train anywhere in NSW for $2.50. Get on a train around 9am and it is full of retirees.
Budget's secret sting for pensioners and mature aged workers.
Pensioners, mature-age workers and self-funded retirees will be stung sooner than expected by the budget.
Those eligible for the part pension from next January will be hit by an effective 50 per cent tax as super payments are included in both means tests, financial advisers warn.
Worse, after July 1 this year those on concession cards which are available to pensioners could lose as much as $2000 a year, says Louise Biti, head of technical services at Strategy Steps, which advises financial planners.
The pension concession and Commonwealth Seniors Health cards offer travel, electricity, phone and council rate discounts in an agreement with the states.
But buried in the budget documents the government reveals it will be "terminating" this agreement after July 1, saving $1.3 billion over four years.
"It will hurt pensioners the most. This will cost $1000 to $2000 a year. No one was expecting that. Since it's not a direct payment to pensioners the government didn't want to highlight this," Biti says.
The separate abolition on September 20 of the "seniors supplement" attached to the Seniors Health card for self-funded retirees will cost couples $1320 a year.
Read more: http://www.smh.com.au/money/budgets-secret-sting-for-pensioners-and-matureage-workers-20140516-zreh5...
Those concessions helped us lead a reasonable life and to be able to pay our bills. Now our utility bills will be greater, we will have to pay car registration at full cost and pay more for every Doctors visit etc. etc. We need our car as we live in a small country town and public transport is only to Melbourne and back, but our Hospitals and Specialists are in towns we can not access with public transport.
We only have one Grocery Store in our town. No choice of buying specials in different Stores. One year ago our fortnightly grocery bill was around $140.- and the occasional extra milk and bread or fruit. Now our grocery bill for the same staples is around $180.- Slowly the prices have crept up, but the pension has nowhere near increased to make shopping even.
Yes, mrgrizz, this is an excellent budget!
For shortsighted and selfish people perhaps?
Feed the Fat Cats.
Erica
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