The Forum > General Discussion > Stage3 tax cuts
Stage3 tax cuts
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Posted by ttbn, Friday, 26 January 2024 6:02:49 PM
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Indyvidual calls for a massive increase in rents.
mhaze, Doing nothing has brought on the $600/week median rent with landlords paying even less income Tax than those whom they hold to ransom. These legalised rip-off merchants are no longer service providers & need to be put out of business. Private rental is an insurmountable problem because of the present Tax system. Public housing limited to a quarter of a person’s income is the only way forward. We could have a housing lottery where the tickets pay for basic public housing & those who think they're too special to lower their standards there’s the option of buying whatever their hard desires-with their own money, not ours. A housing lottery run by State Govt could easily provide 20-25 basic homes per week. That way everyone benefits & rip-offs would be cut drastically. Throw in a 12 months Gap Year service for anyone unemployed at age 18-20 & presto, the homeless will be part of history ! Basic Housing should not be part of Capitalism ! Posted by Indyvidual, Friday, 26 January 2024 6:51:16 PM
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circumstance change.
Paul1405, Yeah, I recall that when we had the GFC & again now. Odd that that comment wasn’t uttered when we had Covid ! Nah, that difficulty was Morrison’s fault ! Posted by Indyvidual, Friday, 26 January 2024 7:05:59 PM
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In 1985 the Hawke government sought to 'fix' the negative gearing rort. They banned interest deductions for all new purchases and for any new mortgages. That meant that, for all intents and purposes, negative gearing on properties would end in three years on all existing rental homes and the incentives to buy a rental property would disappear immediately.
Result - fewer rental properties. Result - massive increase in rents. Result - the government reversed the banning of negative gearing in 1988. Those who fail to learn from history are condemned to to repeat it. Posted by mhaze, Saturday, 27 January 2024 8:39:05 AM
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Kudos mhaze on the explanation.
http://forum.onlineopinion.com.au/thread.asp?discussion=10311&page=0#357026 ______________ Indyvidual- You're right that rents are too high but perhaps there are a few reasons for this related to government mismanagement and then there is the question of the solution. Property prices and rents started to increase in the 90's. John Howard's change in university funding also occurred in the 90's and universities started importing huge numbers of foreign students from overpopulated nations (with overinflated land prices) who then obtained citizenship and money from cashed up overseas parents (some of it grey or black money). Why did these overpopulated nations become overpopulated- well Mao after killing about 60 million of his own people grew China until probably the west started promoting and shaming China into adopting a population reduction program to avoid a catastrophe of geopolitics. China's civil war military infrastructure and chain of command provided the vehicle for rapid mobilization of the nation industrially to expand their communist power base. India also grew their population at the same time between 1950 and 2000 it doubled their size from 700 million to 1.3 billion now at 1.4+ billion and slated to be the most populous nation in the next year. China and India are larger than the next eighteen nations combined. While the US has superior infrastructure and research and development capacity it struggles to compete on price with the low cost of production by the desperate billions in China and India and mismanaged by despotic and corrupt leaders. It seems that the search for power in Asia has devalued people and labour in the world- the western world has released pressure importing people from Asia into the west. The better solution would have been to implement Asian population management strategies much earlier but the Wests focus was in Russia at the time. Perhaps there were Marxist Communist people that saw this coming Posted by Canem Malum, Saturday, 27 January 2024 9:05:07 AM
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There is competition between internal Indian factions such as the Hindu, Muslim, Sihk groups that cross borders- perhaps it would be better to keep borders between ethnic and religious factions at times in order to control the number of deaths. In a sense at least the Hindu nationalists under Prime Minister Modi recognise that "people aren't all the same" despite the efforts of global woke communist multicultural propaganda.
It seems likely that internal conflict in Asia and Africa is being imported to the west. We are starting to see ethnic machette battles on the streets. The police are afraid to act against ethnic groups for fear of the accusation of racism by woke communists- that seem to have started the problem. Frank Kitson talks in detail in Low Level Insurgency about Communist Tactics to destabilize communities and through several stages move them to Communism. I find it amusing that the SAS have more diplomatic expertise than the police. Western power and people have become weak and without purpose the powerful seduced by proud vision of seeking power through foreign alliances and networking. Foreign alliances have a tendency to be unstable and brittle. In summary the pain of the Australian battlers is a symptom of wider geopolitics. The solution is to work together with other people like yourself to support each other- similar beliefs, similar ethnicity, etc. To try to form alliances with trustworthy external groups where appropriate. Peace is better than war but war is necessary. To deal with the issues that all communities have to deal with. As they say freedom isn't free. In the end we all die but at least we should die well. Remember we live in precarious times of occupation where our government is not ours Posted by Canem Malum, Saturday, 27 January 2024 9:13:36 AM
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True!