The Forum > General Discussion > A wage rise for the sake of it, but at what cost
A wage rise for the sake of it, but at what cost
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Up to $49,999/year wage/welfare income tax excempt but still pay GST. That would in my book just about instantly pull many out of poverty & no-one else would be short changed because of it. The instant incease of small business turnover would stimulate the local economy.
From $50,000 onwards to 59,999 have 10 Cents flat tax & fom $60,000 to $99,999 have 25 Cents Flat Tax. Of these figures are merely a rough indicator but surely the amounts could be tweaked so no-one's paying more tax when earnig less than another. The may need to be a buffer zone with an amount that no-one can earn i.e. from, for argumet's sake $50,000 to $55,000 or whichever amount does not disatvantage the higher from the lower wage tax.
There could be an opportunity to raise the GST by 2-3 Dollars to fund an old age pension scheme. Superannuation should be voluntary & solely self funded, no wage earners should be contributing to public servant Super.
In my book of financial ignorance this would solve a lot of Welfare rorting & tax cheating but most of all it would provide one of the most important factors in society, it would bring back incentive.
Those who make themselves unemployable by grotesque appearance i.e. tatooing & body-pircing should sign a waiver for Welfare & that tatooist & the body piercer must countersign that waiver before going ahead with their work.
Drug abusers also (drug dependents excempt), extreme sports participants also need insurance.
Only if we create a user pays system can we create a more workable & fair society.
Public Service salaries frozen for three terms of Government & introduce a non-military National Service for anyone aged 18 & unemployed.
Business/Salary tax should be more than it is after all, they're making the big Dollars.
Outsourcing vital communications jobs to other countries should be illegal for security reasons alone. You hear Telstra, that means keeping our passwords in this country.