@*elizabeths-mum* wrote:
The new budget hasn't really affected my husband and myself personally. It will affect our youngest child who is starting uni soon and won't be finished before the deregulation comes in. My biggest concerns are the extra stresses it will put people under who are in the categories likely to be affected. Even in laid back regional Queensland I've seen changes in society reflecting the pressured lifestyle so common in the capital cities.

It annoys the heck out of me that Joe can state and, I think honestly believe, that people like him will be feeling the pain because they are paying an extra 2% tax on their income above $180 000 and won't be getting (another) wage rise for a couple of years.

In Joe's world being in the North Shore real estate business is doing it tough.

 

It's no wonder his perception is a bit warped.

Shopping, except for essentials, will be severely curtailed for me because, if the budget passes the senate, I'll have to factor in extra money for dr visits and the ensuing tests. It is difficult enough as it is.

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"There is nothing more; but I want nothing more." Christopher Hitchins

You should probably add another 100,000 to that number of unemployed youth.That's how many would be working from 4-20 hours per week that aren't counted and yet still receive part payment from the government.This budget doesn't exactly inspire consumer confidence does it? Those part timers will be the first to get laid off if the general public starts tightening its belt even further.

Yes, very true, spot.

The only shopping I do is for essentials mainly. Might buy the odd markdown piece of clothing.

and it's already in the media how those on over $180,000 can use a taxation loophole to avoid the tax.


@boris1gary wrote:

and it's already in the media how those on over $180,000 can use a taxation loophole to avoid the tax.



Perhaps they, that earn over $180,000 are able to afford a Financial Advisor of the calibre required to minimize their tax "burden".

 

I seem to remember Mr Packer in some sort of enquiry replying to a question regarding his minimal tax payments, his response being along the lines "I pay him enough to find the loopholes."

 

DEB

I don't understand why people have such an aversion to paying tax, especially those with large incomes.

Raising the tax free threshold would have reduced tax payments significantly I would imagine, but it was due for a rise. How long had it sat at $6000 while wages went up?

silverfaun
Community Member

Thanks for posting that but the confected outrage has nothing to do with the budget or the wellbeing of our country and the future of our country and if we can sustain the health and education of the people, it's all about the disappointed.

 

The phony outrage spouted by Shorten is ludicrous along with the rest of them,  it's transparent and nobody can take them seriously, only the rusteds and their ilk.