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The Forum > General Discussion > GST increase

GST increase

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Could our na´ve new chum Labor government be even more stupid than it has been so far.

Obviously from their current actions, not one of them progressed past primary school arithmetic, hence their inability to understand what they are doing. However surely they have employed some advisers who can add 2+2.

Just a quick glance at the figures from the grants commission will show that the 2 mining states are being ripped off mightily, with way less than half of the money paid in GST by their citizens coming back to those 2 states where it was collected.

Instead most of it goes to the 2 failed states, South Australia & Tasmania, to prop them up because of their chosen failings. Both of them refuse to exploit their own resources, while bludging on the mining states, & receiving way above a fair share of the GST revenue. The successful states are expected to pick up the cost of the bloody minded green attitudes, that keep these 2 failures poor.

Is it really possible that our bunch of fools, & those in WA could go along with increasing this GST rip off of their citizens, to fund this wealth transfer from success to failure.

If we still taught our kids enough math for them to understand the system, it could never happen. I guess that's why governments have allowed the dumbing down of our education system, to all our cost. It certainly shows this bunch are products of recent changes in education.
Posted by Hasbeen, Monday, 2 November 2015 1:36:24 PM
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Hasbeen I have some bad news for you. There is no "new chum labour government".
It is and has been a very new chum train wreck of a liberal government for just over the last two years.
Now that's why we are in such a mess. It's because people like you ,who can't tell which party is in power and voted them in.
But not to worry they will lose at the next election and someone else, ANYONE else, will take over and straighten things out again.
They will not even bring in knights and dames to do it
Posted by Robert LePage, Tuesday, 3 November 2015 9:54:43 AM
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Yes it is a Turnbull initiative but most consider him to be Labor. GST is a tax on the consumer. Our financial market of currency trades, derivatives and shares turns over $135 trillion per yr. This is due to high frequency computer trades. Just a small tax of .01 % or one dollar in $1000 would raise $135 billion pa. We could reduce our taxes.

Problem is though, Turnbull is ex Goldman Sachs and he toes their line.
Posted by Arjay, Tuesday, 3 November 2015 10:10:03 AM
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Well thank you Robert, for confirming what a dill you are.

Just what is it you don't understand, about my mention of mining STATES?

Perhaps you don't understand that the population pays the GST, but the STATES get the money returned to them. Well that's the idea. However after the grants commission have monkeyed around with it, very little is returned to the successful states, it is wasted in keeping the failures going.

You obviously don't realise the states have to agree with any change to the GST, just one clever thing John Howard did to prevent a blowout in the cost of GST to the population. He reckoned that richer state governments would see what a bad deal it was, & not agree.

Unfortunately he had never even dreamed, even in his wildest nightmare, that such a hopeless bunch as our girls club here in Queensland, could ever be elected to government.

Their spending is so wild, & so stupidly aimed at vote buying, that it is as if Rudd has been reborn, in a skirt.
Posted by Hasbeen, Tuesday, 3 November 2015 10:18:14 AM
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Hasbeen;

Ah that explains it all, you are from Queensland.
I should have known from the "intelligence " of your posts.
For your information it is not a facility of the net to provide the source of posts without a great deal of effort, but then you would know that would you not?
Posted by Robert LePage, Tuesday, 3 November 2015 10:43:50 AM
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Hasbeen,

I am strongly opposed to a GST increase, but there is no need to resort to your disingenuous claim that SA refuses to exploit its natural resources.

As in all states, it's the private sector who exploit the natural resources. As in all states the government sets environmental restrictions which limit what mining can go ahead, but they do not substantially affect the amount of mining.

There is quite a lot of mining in SA, but it hasn't reached the lucrative stage that it has in WA. The RBA pays little attention to SA when they set interest rates, hence interest rates and the dollar are too high for SA, and the Federal government are providing too little in compensation. Historically SA's response to the problem has been to set its wage awards lower than the other states, but the Federal takeover of industrial relations by the Howard, Rudd and Gillard governments has made that impossible.

Once commodity prices pick up and the expansion of Olympic Dam goes ahead, the SA economy will start to become comparable to our other mining states.
Posted by Aidan, Tuesday, 3 November 2015 11:09:17 AM
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