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The Forum > General Discussion > Dodgy deals ar costing us dearly

Dodgy deals ar costing us dearly

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Belly, rich people pay tax as well, it's just not in th form of PAYG.

They usually have deductions, such as interest on investment loans.

Comintators often paint a pretty picture just to sell a story.

They usually take ones gross income and suggest they should have paid full tax on that amount, but tax does not work that way. Unless you hav been ther you won't understand.

Taxing the rich.
Just remember, the rich, and that's not me by the way, already pay far more than their share.

They pay a % of thier wage in medicare, yet, they have to pay to see a doctor.

1% of $300K is more than on $60K.

They pay full freight on medical pills and such, yet single mothers get them for free, or next to it.

They also get zero welfare, which, by the way means there is more left for the welfare dependent.

So in essence, the rich do pay more, or at the very less take out less, the latter having the same net effect on the public purse.

If the government really wants to tax everyone fairly, introduce a transaction tax, as this will deliver a huge increase to the weekly pay packet, collect plenty of tax and do away with many other taxes. Also, the richer you are the more tax you will pay as tax will be a flat rate.

It's the amount of times ones money chafes hands that attracts the tax and that's huge.
Posted by rehctub, Friday, 7 October 2011 6:44:19 AM
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We can't just blame Julia alone, she's only the accidental ringleader. The real problem is
the Acronym for Lost Academics Blowing Others' Revenue.
Posted by individual, Friday, 7 October 2011 8:03:54 AM
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Yes indi, if they were company CEO,s, the ones most on this site treat with tall poppy attitudes, they would be long gone as th share holders decide.

Unlike what we have her, as the minority has voted fo labor and, if nKot for the deals don in desperatio, they to would be gone.

I'm afraid it could be a very long and nervous two years, powerless to do anything so long as these two ind hold a gun to labor's head.

Lack of confidence in our leader, leads to lack of confidence fo business, means lack of security for workers, who, at th end of th day, are the ones who keep the economy running.

Lack of confidence mean lack of spendin mean lack of investing.

One day they may listen to people who know, one day.

And belly, let me make it very clear to you once and for all, I am no fan of Abbot.
Posted by rehctub, Friday, 7 October 2011 8:48:50 AM
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Without a formidable opposition, it is always going to be hard going, but even without any opposition debate ,we are doing very well. Our unemployment figures are excellent, The economy is moving along, while the rest of the world is in the doldrums. China is slowing, with inflation and wage growth, and the downturn in demand from western buyers.
Posted by 579, Friday, 7 October 2011 9:57:07 AM
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Our unemployment figures are excellent,
579,
you think those on working for the dole would agree with that observation ? Or those with only 2 days work/week ?
To be deemed employed under those circumstances is one of the greatest insult you could throw at any citizen.
Posted by individual, Friday, 7 October 2011 10:31:04 AM
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You seem to have statistics the rest of us don't. We are world leaders in economics. Your stand is political at any cost, just like;
China is only there because they are cheap, once that evens out, and so will manufacturing.
Posted by 579, Friday, 7 October 2011 11:08:59 AM
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